FAAC: FG, States, LGs Share N1.208trn From April Revenue
The Federation Account Allocation Committee (FAAC) has announced the distribution of N1.208 trillion to the federal, state, and local governments ...
Wednesday, November 19, 2025
Official Exchange Rate Depreciates To N1,533.99 In May
The naira has experienced a significant depreciation against the dollar, with the exchange rate plummeting to N1,533.99/$1 in the official ...
Nigeria Will No Longer Import Petrol Starting Next Month – Dangote
In a significant announcement at the Africa CEO Forum Annual Summit in Kigali, Aliko Dangote, Chairman of Dangote Group, revealed ...
NNPC Clarifies Lagos Tank Farm Fire Incident News
The Nigerian National Petroleum Company (NNPC) Limited has revealed that HOGL Energy Ltd owns the Honeywell Depot tank farm in ...
FAAN Introduces Mandatory E-Tags For Access Into Federal Airports
The Federal Airports Authority of Nigeria (FAAN) has announced the commencement of the sale of e-tags, which will be required ...
Court Denies Binance Executive Tigran Gambaryan Bail
Justice Emeka Nwite of the Federal High Court in Abuja has declined to grant bail to an executive of Binance ...
Aviation Unions To Begin Strike Over Unpaid Wages Monday
Aviation unions have announced a pending strike at the Nigeria Meteorology Agency (NiMET), set to commence on Monday, May 20, ...
Inflation Soars Further To 33.69% In April
Nigeria's inflation rate climbed to a new high in April 2024, reaching 33.69 per cent, according to latest data released ...
New Gas Projects Will Supply 25% Gas To Nigeria’s Market – Tinubu
President Bola Tinubu has reassured investors in the energy sector of his administration's resolve to further enhance the business environment ...
KuCoin Deactivates P2P, Delists Naira On Platform
Amid the clampdown on cryptocurrency platforms by the Nigerian government, another major cryptocurrency trade platform, KuCoin, has deactivated its peer-to-peer ...
