NNPC Deducts States’ N328bn From Federal Account In April

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The Nigerian National Petroleum Company (NNPC) Limited has announced the deduction of N328 billion from state governments’ monthly contribution to the federal account for...

Buhari Govt Borrowed ₦6.64tn In 2021, Serviced Debt With ₦2.93tn – DMO

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The Debt Management Office (DMO) has disclosed that the Nigerian Government borrowed ₦6.64 trillion in 2021 and serviced debt with ₦2.93 trillion. Bibian Anekwe News...

Russia Ukraine War ‘Causing’ Higher Food Price, Fuel Price Hike In Nigeria, Others –...

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International Monetary Fund has said Nigeria and other African countries are suffering the impact of the ongoing war between Russia and Ukraine. It noted that...

Fuel Scarcity Lingers Despite NNPC’s Claims Of Releasing A Million Litres Of PMS

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Nigeria still suffers fuel scarcity despite claims of availability of Premium Motor Spirit (petrol) by the Nigerian National Petroleum Company Limited. This last weekend, citizens...

$1.04bn Spent On Fuel Imports In 2021 – CBN

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Data released by the Central Bank of Nigeria revealed that the quantity of foreign exchange used for the importation of petroleum products into the...

CBN Cuts Bank Charges, Removes ATM Maintenance Fee, Others Charges

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The Central Bank of Nigeria (CBN) has reviewed banking charges and rates including ATM Maintenance Fees; Electronic Fund Transfers and Bulk Payments. This was disclosed...

Nigerians Owing ₦2.4tn On Electricity Bills – FG Report

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The Federal Government of Nigeria has claimed that due to non-payment of electricity bills by residents and citizens, power tariff shortfalls has now surged...

Babalola Resigns As FBN Holdings Chairman After Femi Otedola’s Takeover

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The Chairman, board of directors of First Bank of Nigeria Holdings, Remi Babalola, has resigned his appointment, Naija News reports. This online news platform reports...

CBN Asks Buhari Govt To Increase Investment In Non-oil Sector

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The Central Bank of Nigeria has advised the Muhammadu Buhari-led federal government to increase investment in the non-oil sectors as a source of foreign...

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