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Ex-President Buhari blocked my dream to get oil well – Tony Elumelu
Chairman of Heirs Holdings, Tony Elumelu says former President Muhammadu Buhari blocked his bid to acquire an oil field. ...Naira closes 1,596/$ as forex inflows hit $25bn
The Central Bank of Nigeria has revealed that the net foreign exchange flows into the country increased to $25.4bn in ...FG to give companies employing more staff tax breaks
The federal government says there will be tax breaks for companies that employ more staff. A tax break is a ...Govt lifts suspension on Arik Air operations
The federal government says it has lifted the suspension on the operations of Arik Air. Michael Achimugu, the director of ...Fuel imports gulp N2tn monthly – FG
President Bola Tinubu has disclosed that the country spends N2tn monthly to import petrol and diesel. Tinubu stated this during ...CBN sells $876m to banks at N1,495 per dollar
The Central Bank of Nigeria (CBN) says it sold foreign exchange (FX) to banks worth $876.26 million at N1,495 per ...CBN approves N700bn bailout for Unity, Providus banks’ merger
The Central Bank of Nigeria (CBN) has approved a financial package of N700 billion to support the proposed merger between ...Dangote plans to sell 12.7% stake in refinery over liquidity issues – Fitch
Fitch Ratings, a credit rating agency, says Dangote Group plans to divest 12.75 percent stake in Dangote Petroleum Refinery over ...Ibrahim Puri, Sonny Iroche join Heirs Insurance Group as independent non-executive directors
Heirs Insurance Group (HIG) has announced the appointment of Ibrahim Puri and Sonny Iroche as Independent Non-Executive Directors of its ...CBN approves merger between Unity, Providus banks
The Central Bank of Nigeria (CBN) has granted approval for a financial accommodation to support the proposed merger between ...
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