Business

CBN gets EFCC, police support to punish naira abusers

The Central Bank of Nigeria says it is working with the police, the Economic and Financial Crimes Commission, the Federal…

3 years ago

Nigeria’s inflation drops to 17.38%

Nigeria's inflation rate declined 0.37 per cent to 17.38 per cent in July 2021, the National Bureau of Statistics said…

3 years ago

First auto assembly plant in A/Ibom 70% ready – Govt

The first automobile assembly plant in Akwa Ibom State is 70 per cent ready, the state government has said. The…

3 years ago

Blame NNPC for rise in fuel smuggling – Customs boss

Controller General of Nigeria Customs Service, Hameed Ali, says the Nigerian National Petroleum Corporation should be blamed for the high…

3 years ago

FG spent N2tn on debt servicing in six months – Finance minister

N3tn released for capital projects The Federal Government spent N2.02 trillion on debt servicing in the first six months of…

3 years ago

PIB: Fuel subsidy stays for now, says petroleum minister

Sylva to speak on subsidy, NNPC unbundling today Minister of State for Petroleum Resources Timipre Sylva has said fuel subsidy…

3 years ago

Just in: Buhari signs Petroleum Industry Bill into law

President Muhammadu Buhari has signed the Petroleum Industry Bill (PIB) 2021 into law. A statement by the President’s Special Adviser…

3 years ago

FG invites bids for Lagos, Abuja, two other airports

The Federal Government is set to hand over management of four international airport terminals to concessionaires as the Federal Ministry…

3 years ago

21 persons die as Jigawa bridge collapses

At least 21 persons, including 11 disqualified military recruitment applicants, died on Sunday after a bridge collapsed in Gwaram Local…

3 years ago

Nigeria can now produce 400,000 cars annually, says NADDC

Private investors including foreigners have invested a total of N500bn in the Nigeria's auto industry, which now has the capacity…

3 years ago