CBN raises Standing Deposit Facility rate to control liquidity
The Central Bank of Nigeria has raised the Standing Deposit Facility (SDF) rates as part of its continuous attempts to control liquidity in the...
Oando-Agip $783m deal followed due process, complied with extant rules – NUPRC replies Atiku
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) on Monday approved the acquisition of Nigerian Agip Oil Company (NAOC) $783m acquisition by Oando Plc saying...
FCT residents criticize AEDC’s inefficiency, threaten to occupy company’s office
Residents of Jikwoyi Phase IV in the Federal Capital Territory voiced their anger and frustration on Monday over the Abuja Electricity Distribution Company’s failure...
President Tinubu appoints new directors-general for NIA, DSS
President Bola Tinubu has appointed new Directors-General for Nigeria’s National Intelligence Agency (NIA) and the Department of State Services (DSS), signaling a shift in...
Nigeria’s GDP rose by 3.19% in Q2 2024 – NBS
Nigeria’s Gross Domestic Product (GDP) rose by 3.19% year-on-year in the second quarter of this year.
The growth in the GDP, the parameter used to...
