Despite a $1.5 billion rehabilitation effort, the Port Harcourt refinery has shut down once more, raising concerns about Nigeria’s oil sector’s stability and effectiveness. Just under...
Dangote Refinery and the Nigerian National Petroleum Corporation Limited (NNPCL) engage in a dispute, with each party rejecting the other’s claims regarding a $1 billion investment....
The Central Bank of Nigeria (CBN) imposes a daily transaction limit of ₦1.2 million for Point-of-Sale (PoS) agents, aiming to enhance financial regulations. The Central Bank...
NERC reports a sharp increase in Nigeria’s electricity subsidies, reaching ₦199.64 billion in December, highlighting challenges in the power sector. According to data from the Nigerian...
The Federal Government announces free train services across Nigeria from December 20 to January 5, providing a festive travel opportunity for citizens. The Federal Government has...
The Central Bank of Nigeria imposes ₦150 million fines on banks for non-compliance with the circulation of new naira notes, ensuring strict adherence to currency policies....
The Nigerian Civil Aviation Authority (NCAA) has issued a warning to airlines over delayed ticket refunds, threatening strict sanctions to ensure passenger rights are upheld. The...