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The Federal Government has lifted its ban on fuel imports, granting six new licences for the importation of Premium Motor Spirit (petrol), following concerns over supply...
The Coalition of Microlending and Cooperative Institutions in Nigeria has officially moved to bridge the financing gap for small businesses with the unveiling of a N100m...
The Central Bank of Nigeria has approved the full repatriation of export proceeds by International Oil Companies, allowing them to access 100 per cent of their...
Nigeria has significantly reduced the time required to approve applications for reviving idle oil wells โ from weeks to just hours โ as Africaโs top crude...
The Chief Executive Officer of Dangote Refinery, David Bird, has said the facility is receiving far below its agreed crude oil supply under the Federal Governmentโs...
Justice Emeka Nwite of the Federal High Court in Abuja has ordered the final forfeiture of $13 million linked to businesswoman Aisha Achimugu and her company,...
In a landmark judgment, a federal high court sitting in Lagos has ruled that the Central Bank of Nigeria (CBN) acted beyond its powers when it...
Iran is easing restrictions on transit through the Strait of Hormuz, saying vessels not deemed hostile and not supporting military action against Tehran may pass, according...
Aliko Dangote’s petroleum refinery has exported 456,000 tonnes of refined petroleum products across five African markets since hitting full production capacity in February, marking a significant...
Nigeriaโs second richest man, Abdulsamad Rabiu, has experienced a substantial appreciation in his net worth, which is currently valued at $14.6 billion, according to the Bloomberg...