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CBN needs to adopt blockchain technology – Osinbajo
Vice-President Yemi Osinbajo has said Nigeria may need to further broaden the scope of its banking licences in order to ...Banks’ borrowing from CBN rises 12% to N2 trillion
Deposit banks’ borrowing from the Central Bank of Nigeria rose year-on-year by 12 per cent to N2.02 trillion in September ...Nigeria’s crude oil production drops for third consecutive month
Nigeria’s crude oil production has remained below par, decreasing to an average of 937,766 barrels per day in September. The ...Foreign exchange scarcity hits gas suppliers, price hike imminent
There are indications that Nigerians may pay more for gas as marketers have hinted that the high exchange rate of ...Buhari, Osinbajo to spend N11.92 billion on food, foreign trips in 2023
The offices of the President and Vice-President will spend N11.92 billion on local and foreign trips and the presidential air ...If elected president, I would insist on single FX market – Peter Obi
The presidential candidate of the Labour Party, Peter Obi, has said if elected president in 2023, his administration would ensure ...Kogi moves to recover Obajana cement plant from Dangote
The Kogi State Government says it has commenced the process of recovering the cement plant in Obajana from Dangote Industries ...Nigerians travel to Ethiopia on tourist visas, but refuse to return – FG
The Federal Government has said Nigerians travel to Ethiopia on tourist visas, but refuse to return even after their visas ...Senate approves N3.6 trillion petrol subsidy, N8.4 trillion borrowing plan
The Senate on Wednesday rejected the recommendation of its committee to slash the oil subsidy fund in 2023 from N3.6 ...NNPC discovered illegal oil pipeline operating for nine years – Kyari
The Nigerian National Petroleum Company Limited says it uncovered an illegal four-kilometre pipeline from Forcados terminal to the sea, and ...
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