Tantita promises ‘more hard work’ against oil theft, as it bags security award

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Private firm, Tantita Security Services Nigeria Limited (TSSNL), has vowed to do more in the fight against oil theft, as it bagged the best...

Naira: Official Market Records Highest Rate At N1,513/$

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Despite the Central Bank of Nigeira (CBN) clearing off the verified backlog of foreign exchange claims owed foreign airlines on Tuesday, the value of...

BREAKING: First Bank Holdings appoints Otedola as board chairman

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The First Bank of Nigeria (FBN) Holdings has appointed Femi Otedola, the businessman and investor, as the new chairman of its board of directors. The...

Senate summons CBN governor as Naira hits N1,520 per dollar

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The Senate has summoned the governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to appear before it on Tuesday, February 6, 2024,...

FAAC Disburses N1.1trn December Allocation To FG, States, LG

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The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government...

Naira falls to N1,300/$ on P2P market

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The naira is currently trading above N1,300/$ on the Peer-to-Peer cryptocurrency window on Tuesday. This is as many traders on the parallel market confirmed that...

Shell Set to Sell Nigeria Onshore Oil Business for $1.3 Billion

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Shell Plc has reached an agreement to sell its Nigerian onshore oil assets to a consortium of local companies for a price surpassing $1.3...

Oil Theft: Tinubu commends Tantita security services others on recorded successes.

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President Bola Tinubu on Monday commended Tantita Security Services Limited and other security agencies for combating oil theft and hailed their collaborative efforts that...

FAAC disbursed N1.35trn to FG, States, LGs in Nov 2023 — NBS

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The National Bureau of Statistics (NBS) in its latest report said that the Federation Account Allocation Committee (FAAC) disbursed the sum of N1.35 trillion...

$20bn Dangote Refinery to boost Nigeria’s foreign exchange generation, conservation — Experts

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AS the $20 billion Dangote Refinery begins operations, experts have stated that it will culminate in the boosting of Nigeria’s foreign exchange generation and conservation. The...