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New N200, N500, N1000 banknotes to debut December 15
. Old notes no longer legal tender from January 31, 2023 By Clara Nwachukwu Effective December 15th, the…
Petrol scarcity resurfaces in Lagos, others
Petrol scarcity resurfaced yesterday, grounding commercial activities in Lagos and Ogun and other states in the country, even…
Shell resumes crude oil export at Forcados terminal
The Shell Petroleum Development Company (SPDC) has resumed export operations at the Forcados Oil Terminal, where repair works…
CBN, AMCON sell Polaris Bank to Strategic Capital
The Central Bank of Nigeria (CBN), and the Asset Management Company of Nigeria (AMCON), have announced the completion…
FG appoints Audu-Ohwavborua as Ag.MD of NDDC
. Sacks Effiog Okon as sole administrator President Muhammadu Buhari yesterday approved the appointment of Emmanuel Audu-Ohwavborua as…
Nigerian Customs sacks 2,000 in 7yrs for fraudulent practices
The Comptroller General, the Nigerian Customs Service (NCS), Hameed Ali, yesterday said over 2,000 personnel have been dismissed…
Nigeria’s Inflation jumps 17-year high to 20.77% in September
By Clara Nwachukwu Nigeria’s headline inflation raced to a new 17-year high to 20.77% in September, on the…
World Bank warns of food, energy, fertilizer crisis in 2023
. Worries over $44bn debt service by developing countries By Clara Nwachukwu The World Bank Group has warned…
Nigeria not restructuring debt, says Debt Office
. As multilateral lenders offer common framework for sustainability assessment By Clara Nwachukwu The Federal Government yesterday insisted…
IMF opens $37bn resilience, sustainability facility to help vulnerable countries
By Clara Nwachukwu The International Monetary Fund (IMF), yesterday, announced the operationalization of its new Resilience and Sustainability…