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FAAC: FG, States, LGAs receive over N2trillion in July

THE federal government, states, and local government councils (LGCs) received N2.001 trillion as federation allocation for July. The Federation Account...
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NNPC profit declines to N185 billion in July despite improved oil production

THE Nigerian National Petroleum Company (NNPC) Limited has posted a decline in profit after tax to N185 billion for...
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What Nigeria’s $41billion foreign reserve rise means for economy

NIGERIA's gross foreign reserves increased to $41.05 billion as of August 20, the highest in about four years, demonstrating...
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Fuel sells highest in Jigawa, Lagos, Sokoto – NBS

THE price of a litre of petrol, also known as fuel, was highest in Jigawa, Lagos and Sokoto states...
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Banks seek N900 billion more as CBN recapitalisation deadline nears

AS the deadline for the Central Bank of Nigeria (CBN) mandatory recapitalisation draws near, banks are expected to raise...
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Tinubu scraps 5% telecoms tax on voice, data services — NCC

PRESIDENT Bola Tinubu has scrapped the controversial five per cent tariff applied on telecommunications (telecoms) mobile voice and data...
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