Popular economist and chief executive of Financial Derivatives Company, Bismark Rewane, has said that the Central…
Category: Business
Get the latest Naija Celebrity News updates! Stay informed about local news, events, and breaking stories in your area. reaching news and updates from your area!
Jigawa revenue generation hits N23.8b in six months
The Jigawa State Government said its revenue generation has increased by more than 100% in the…
Why CBN is afraid of Cryptocurrency in Nigeria – Don
The Federal government has been advised to adopt the use of Cryptocurrency in official transactions and…
CPPE pushes for activation of trade policy to reduce import costs, inflation
The Centre for the Promotion of Private Enterprise has pushed for efficient activation of Nigeria’s trade…
NIPOST gets new spokesperson as Franklin Alao retires
The Director of Corporate Communications at Nigeria Postal Service, Franklin Alao, has retired after 35 years…
Naira records significant depreciation against dollar
The naira recorded significant depreciation against the dollar at the official foreign exchange market on Wednesday,…
Again, Nigeria’s inflation drops in June
Nigeria’s headline inflation dropped again in June, falling to 22.22 per cent from 22.97 per cent…
Nigeria’s crude production rises above the OPEC quota for the second time in 2025
The average daily crude production of Nigeria increased above the quota allocated to it by the…
Nigerian govt to release June inflation data as US CPI rises
The Nigerian government, through the National Bureau of Statistics, is expected to release the country’s inflation…
Ex-president Buhari had phobia for economic reforms – Rewane
Popular economist and the Chief Executive Officer of Financial Derivatives Company, Bismark Rewane, has said late…
NNPCL retail outlets, others reduce fuel price
Nigerian National Petroleum Company Limited has reduced its premium motor spirit price. DAILY POST correspondent who…
Private or public, let the refineries work – IPMAN to FG, NNPCL
The Independent Petroleum Marketers Association of Nigeria, IPMAN, Port Harcourt Depot Unit, has stressed that the…
Nigerian marketers reduce fuel prices as FG shuts down economy in honour of Buhari
Nigerian petroleum products marketers have announced a reduction of premium motor spirit prices, starting from today,…
Naira appreciates massively against dollar ahead of public holiday to honour Buhari
The naira appreciated significantly against the United States dollar at the official foreign exchange market, beginning…
DAPPMAN credits NMDPRA for fuel price drop, cites two other sector gains
The Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, has said the Nigerian Midstream and…
Enactus Honours FCMB for Youth-Led Social Impact
First City Monument Bank (FCMB) has been honoured with the Changemaker Collaboration Award by Enactus Nigeria…
CBN fixes date for Monetary Policy Committee meeting
The Central Bank of Nigeria has announced Monday and Tuesday, July 21 and 22, 2025, as…
Heirs Insurance Group achieves 70% revenue spike in FY2024; hits N61 billion GWP
Heirs Insurance Group (HIG), Nigeria’s fastest-growing insurance group, has announced its audited financial results for the…
Don’t rush Nigerian refinery sales — Iledare warns, gives Tinubu, NNPCL best solution
A Professor emeritus of Petroleum Economics, Wumi Iledare, has warned against the hasty sale of Nigeria’s…
Nigerian banks, other firms push NGX to N1.077tn
Nigerian banks and firms pushed the Nigerian stock market to a N1.077 trillion gain on Friday…
Poor budget for foreign ministry threatens Nigeria’s global influence – Ameh Peter
A 2019 Presidential candidate, Ameh Peter, has said that the inadequate fund allocation to the Federal…
BREAKING: Nigerian petrol marketers to reduce fuel prices nationwide
The Nigerian Petroleum Products Marketers Association of Nigeria has announced a plan to reduce the premium…
NNPCL gives conditions for crude supply to Dangote Refinery
The Nigerian National Petroleum Company Limited said the state-owned oil firm would continue to supply crude…
Naira slumps against dollar at official market to close week negatively
The naira returned to depreciation against the dollar at the official foreign exchange market on Friday…
It’s complicated—Ojulari-led NNPCL reveals real challenge with Port Harcourt, Warri refineries
The Group Chief Executive Officer of Nigerian National Petroleum Company, Bayo Ojulari, has said the technologies…
Ojulari led-NNPCL hints at selling Port Harcourt Refinery, others
The Group Chief Executive Officer of Nigerian National Petroleum Company, Bayo Ojulari, has said the state-owned…
NNPCL: We will conclude review of Port Harcourt Refinery by December – Ojulari
The Group Chief Executive Officer of Nigerian National Petroleum Company, Bayo Ojulari, has said the state-owned…
NELFUND: Nigerian govt resumes upkeep payment for students
The Nigerian Education Loan Fund, has announced that it has resumed payment of upkeep allowances to…
Nigerian stock market hits historic N1.806trn gains
The Nigerian Stock Exchange, under Nigerian Exchange Group, NGX, Limited, recorded a historic milestone as investors…
Naira appreciates against dollar as pressure mounts on CBN to shift BDC recapitalisation deadline
Nigeria’s naira appreciated against the dollar at the official exchange market on Thursday, as pressure mounts…
NNPC refineries may never work again – Dangote
The President of Dangote Group, Alhaji Aliko Dangote, has stated that Nigeria’s state-owned refineries in Port…
Missing N210tn: Again, NNPCL GMD Ojulari snubs Nigerian Senate
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Bayo Ojulari, has…
Flutterwave secures full license to empower businesses in Senegal
Flutterwave, Africa’s leading payments technology company, has recently secured a Payment Institution (PI) license from the…
SSB tax: Nigeria facing alarming rise in non-communicable diseases – CAPPA
The Executive Director of Corporate Accountability and Public Participation Africa, CAPPA, Mr Akinbode Oluwafemi, has urged…
Naira continues to depreciate against dollar at official market
The naira continued to depreciate against the dollar at the official foreign exchange market on Wednesday.…
Nigeria’s external reserves to hit $41bn by end of December amid Naira gains – Report
Nigeria’s foreign exchange (FX) reserve is expected to rise to $41 billion by the end of…
Dangote Refinery targets end to crude imports from US, other countries by December
Dangote Refinery has announced plans to dump imports from the United States and other countries and…
Enugu Air will spur rapid economic prosperity – Ohanaeze youths
The youth wing of Ohanaeze Ndigbo socio-cultural organisation, has hailed the unveiling of Enugu Air by…
Naira declines against dollar on official foreign exchange market
Nigeria’s currency, the naira, depreciated against the dollar at the official foreign exchange market on Tuesday,…
Again, Dangote Refinery reduces fuel price
Dangote Refinery has reduced its ex-depot price of Premium Motor Spirit for the second time in…
Send App by Flutterwave resumes remittance transfers from Europe to Africa with enhanced features
After a pause, Flutterwave, Africa’s leading payment technology company, has announced the return of Send App…
Three Nigerian DisCos lead in revenue efficiency in April, earn N199.85bn
Three Nigerian electricity distribution companies lead as eleven DisCos collected N199.85 billion as revenue in April…
Ojulari-led NNPCL presents 35 CNG buses to FG
The Nigerian National Petroleum Company Limited said it presented 35 compressed natural gas buses to the…
CBN directs Nigerian banks under forbearance exposure to submit capital restoration plans
The Central Bank of Nigeria has directed commercial banks in the country to submit a capital…
Stakeholders bemoan 53% cement price increase amid Tinubu govt’s reforms
Nigerians are lamenting the rise in the price of cement across the country despite the commitment…
MRS filling station reduces fuel price to compete with NNPCL
Dangote Refinery’s retail partner, MRS Filling Station, has reduced the pump price of Premium Motor Spirit,…
TCN announces blackout in Oyo
The Transmission Company of Nigeria, TCN, has announced a scheduled six-hour power outage affecting parts of…
Naira appreciates on official, black markets
The naira recorded an appreciation against the United States dollar across both the official and parallel…
CBN clarifies claims of hidden charges on non-resident BVN for Nigerians in Diaspora
The Central Bank of Nigeria, CBN, has dismissed rumours of hidden charges in the recently launched…
Fuel price cut: Dangote Refinery petrol distribution will reduce Nigeria’s inflation – Rewane
The Chief Executive Officer of Financial Derivatives Company, Bismarck Rewane, said that Dangote Refinery’s petrol distribution…
TCN commissions new Bauchi substation, expands power supply to Northeast
The Transmission Company of Nigeria, TCN, said it has commissioned two 150MVA power transformers and 75MVA…
BREAKING: NNPCL reduces fuel price
The Nigerian National Petroleum Company Limited, NNPCL, has reduced its premium motor spirit price. DAILY POST…
Naira depreciates against dollar across official, black markets
The naira depreciated against the dollar across official and parallel foreign exchange markets to end the…
‘We thought things would be better’ – Coalition reports NNPCL boss to Tinubu
A coalition of economic accountability under the leadership of the Patriotic Nigerian Youth Forum, PNYF, has…
Nigerian govt agencies to unlock $25bn revenue through electricity, digital development
Two Nigerian government agencies, the Galaxy Backbone and the Rural Electrification Agency, have signed a partnership…
Flutterwave secures 20 more U.S. money transmitter licenses
Flutterwave, Africa’s leading payments technology company, today announced the relaunch of its flagship remittance solution, Send…
Oyo Govt partners FCMB to empower 1,000 youths with N1.5bn
The Oyo State Government has announced plans to support 1,000 young agropreneurs with a ₦1.5 billion…
55 Nigerian firms push NGX to N403bn gains
Fifty-five Nigerian firms propelled the Nigerian Exchange Market to a second straight gain on Thursday. The…
Fuel price reduction: NMDPRA announces date for petrol pricing summit
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has announced July 23 and 24, 2025, as…
Naira gains against dollar across official, black markets
The naira recorded appreciation against the dollar at official and parallel foreign exchange markets. The Central…
We’ve engaged foreign tracers to locate hidden assets of debtors — AMCON MD Alade
Managing Director of the Asset Management Corporation of Nigeria, AMCON, Gbenga Alade, said that the agency…
Ibadan DisCo sold for N100bn
The Nigerian government, through the Asset Management Corporation of Nigeria, AMCON, has announced the sale of…
Edo revenue service rakes in N52.6bn in 6 months
The Edo State Internal Revenue Service, EIRS, on Thursday said it generated a total of N52.6…
Nigerian stock market bounces back with N378bn gains after four days of losses
The Nigerian Exchange Limited (NGX) bounced back with N378 billion in gains on Wednesday after four…
Naira continues appreciation for third consecutive day
The naira continued to appreciate against the dollar at the official foreign exchange market on Wednesday,…
Cooking gas price increases in Nigeria
Nigeria’s average price for refilling a 12.5kg cylinder of liquefied petroleum gas, LPG, rose by 2.18…
Nigerian economy stabilizing – IMF hails Cardoso-led CBN reforms
The International Monetary Fund has hailed Olayemi Cardoso-led Central Bank of Nigeria’s monetary policy reforms.The fund…
BREAKING: Petrol Marketers reduce fuel price nationwide
Petroleum products marketers have reduced the price of Premium Motor Spirit in Nigeria. The president of…
NOG: Stakeholders push for investment in Nigeria, Africa’s energy sector
Stakeholders have rallied support for investment and innovation in Africa’s oil and gas sector at the…
Nigeria’s economy grows by 3.7% in H1 2025 – Report
The Nigerian economy is projected to have grown by around 3.7 percent in the first half…
Two Nigerian blue-chip companies exit NGX30 after H1 Index review
Two Nigerian blue-chip, or top-listed, companies took the exit door at the Nigerian Exchange Limited 30…
Fuel price reduction: ‘Joy’s coming’ – Manufacturers
Director General, Manufacturers Association of Nigeria, Segun Ajayi-Kadiri, sees the price of fuel coming down to…
Nigerian petrol marketers give update on fuel price reduction
Nigerian petroleum marketers have said they are on the verge of announcing a fresh price template…
Naira strengthens against dollar, begins July on positive note
The naira continued its appreciation against the dollar at the official foreign exchange market on Tuesday.…
NNPCL announces N6.008tn revenue, 1.63 mbpd crude production in May
The Nigerian National Petroleum Company Limited (NNPCL) has announced N6.008 trillion revenue for the month of…
Concerns as Nigeria’s debt balloons to N149.39tn amid worsening infrastructural deficit
Financial experts and economists have raised concerns over Nigeria’s N149.39 trillion debt profile at the end…
Dangote Refinery reduces fuel price as petrol marketers hold emergency meeting
Nigeria’s Dangote Refinery has reduced its premium motor spirit ex-depot price to N840 from N880 per…
Naira appreciates against dollar on official market
The naira appreciated significantly against the dollar at the official foreign exchange market to begin the…
ICAN to establish ‘Governor Bago’ Student Centre in Minna
The President of the Institute of Chartered Accountants of Nigeria, ICAN, Dr. Haruna Nma Yahaya, has…
NCAA grounds Rano Air aircraft after mid-flight engine failure
The Nigeria Civil Aviation Authority (NCAA) has grounded a Rano Air aircraft with registration number 5N-BZY…
Nigerian banks announce early closure over half-year audit
Nigerian commercial banks have announced early closure from Monday, June 30, 2025. The banks gave scheduled…
DMO: Data Analyst Ogunsanwo picks holes in Nigeria’s N149.39tn debt
Babajide Ogunsanwo, a data analyst, has picked holes in Nigeria’s N149.39 trillion debt figure as of…
FCMB opens new branch at Sangotedo in Lagos
First City Monument Bank (FCMB) officially commissioned a new branch in Sangotedo, Lagos, on June 26,…
TCN announces 120MW addition to national grid
The Transmission Company of Nigeria, TCN, has announced that it has energised two newly installed power…
New tax law will impact livelihood – ICAN
The Institute of Chartered Accountants of Nigeria, (ICAN), has commended President Bola Tinubu for signing into…
Nigeria projected among top-five world’s biggest economies
Nigeria has been projected to be among the top five biggest economies in the world by…
Elon Musk’s Starlink resumes activation of fresh customers in Nigeria
United States of America tech billionaire, Elon Musk’s firm, SpaceX Starlink, a satellite internet provider Starlink,…
Naira returns to depreciation against dollar at official foreign exchange market
The naira returned to depreciation against the dollar at the official foreign exchange and ended the…
NERC approves order for Abia to regulate electricity market
The Nigerian Electricity Regulatory Commission, NERC, has commenced the process of transferring the regulatory oversight of…
News tax laws: I feel fulfilled, hopeful about Nigeria – Oyedele
Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has declared that…
African leaders have no basic economic knowledge to develop continent – Obasanjo
Former Nigerian President, Olusegun Obasanjo has taken a swipe at Africa’s political elite, saying they lack…
N210 alleged Missing Funds, Portharcourt Refinery: NNPCL blames saboteurs for travails
The leadership of the Nigerian National Petroleum Company Limited has blamed saboteurs for waves of campaigns…
Naira records massive appreciation against dollar at official market
The Naira recorded massive appreciation against the dollar at the official foreign exchange market on Thursday.…
Tax reform bills: FIRS now Nigeria Revenue Service
The Federal Inland Revenue Service has now become the Nigeria Revenue Service, following President Bola Ahmed…
Flutterwave named among 2025 TIME100 Most Influential Companies
Flutterwave, Africa’s leading payment technology company, has been named among the TIME100 Most Influential Companies List…
BREAKING: Tinubu signs Tax Reform Bills into law
President Bola Tinubu has signed four tax reform bills into law, signalling what he described as…
What tax bills assent will do for Nigerians —Tinubu
President Bola Ahmed Tinubu has explained that signing of the four tax bills would usher in…
CSOs task Nigerian govt to empower NUPRC, urge oil firms to respect regulatory oversight
Civil society groups, traditional leaders, and community stakeholders have called on the Federal Government to provide…
Dangote Sugar, Oando, other stocks push NGX to N1.185tn gains
Oando, Dangote Sugar and other stocks have propelled Nigerian Exchange Limited, known as the Nigerian Stock…
NUPRC demands $5,000 application fee payment, other conditions for oil licence extension
The Nigerian Upstream Petroleum Regulatory Commission officially wrote to holders of around 40 Petroleum Prospecting Licences…