Nigerian Breweries Plc (NB Plc), the nation’s largest brewing company and part of the HEINEKEN Group, has announced plans to temporarily shut down two of...
In recent developments, Nigeria is facing challenges in securing buyers for its crude oil as demand from Europe continues to wane. The situation has been exacerbated...
The Naira has emerged as the best-performing currency in April, poised to strengthen even further, according to analysis by Goldman Sachs. Goldman Sachs economists have highlighted...
In a major setback for Nigeria’s power sector, electricity generation dropped significantly to 2,775 megawatts (MW) yesterday, marking a 32.3% decline from the 4,099.87MW recorded last...
Findings have disclosed that indigenous Nigerian shipowners were not part of the group of vessels at the Dangote Refinery engaged in loading diesel and aviation fuel....
In a continuation of the ongoing disengagements at the Central Bank of Nigeria (CBN), 50 additional staff members were dismissed on Monday, according to reports. The...
The Code of Conduct Bureau (CCB) faces significant funding challenges across its 36 state offices, raising concerns about the verification of assets declared by state governors,...
The Customs exchange rate utilized for calculating import duty at Nigerian seaports has been adjusted from N1,246.66/$ to N1,238/$1. This reduction of N6.14 within two days...
Importers and exporters in South-East Nigeria are on the brink of a shutdown as they decry a purported 200% hike in haulage rates imposed by the...
In a concerted effort to stabilize the Nigerian naira, the Presidency has thrown its weight behind the strategies implemented by Olayemi Cardoso, head of the Central...