Nigeria Customs Seizes N26.57bn Cannabis Concealed Inside Imported Cars At Apapa...
The Apapa Area Command of the Nigeria Customs Service (NCS) has intercepted a huge consignment of Cannabis Indica with a Duty Paid Value (DPV)...
First floating LNG project: UTM Offshore targets September final investment decision
With financing in place, UTM Offshore says it is on course to make a Final Investment Decision on Nigeria’s first floating LNG project in...
Solar Now Supplies 20% Of Nigeria’s Electricity, May Hit 50% By...
Solar power generation has grown significantly in recent years to about 20 per cent of Nigeria’s electricity supply and could reach 50 per cent...
Fuel Price Uncertainty Sparks Shutdown Of Filling Stations Nationwide
Some Nigerian filling stations have shut down following speculative hikes in the price of premium motor spirit.
Total, Emedab and other filling stations are closed...
Fitch Says Nigerian Banks Must Address Climate Exposure In Oil, Agriculture
Nigerian banks are especially exposed to climate-related risks as large parts of their loan books are exposed to oil, gas and agriculture, sectors that...
UN Raises Concerns Over Nigeria’s Investment Outlook Amid Global Instability
The United Nations Conference on Trade and Development (UNCTAD) has warned that rising global uncertainty, trade disputes and geopolitical tensions could make it harder...
Dangote Refinery’s Import Licence Lawsuit Suffers Delay As Judge Is Unavailable
The case filed by Dangote Petroleum Refinery against the Federal Government over the alleged issuance of fuel import licences to some petroleum marketers was...
Stronger Reserves Not Enough To Offset Nigeria’s UAE Loan Challenges –...
Nigeria’s recent $1.5 billion funding deal with a United Arab Emirates bank might have offered some short-term respite for foreign exchange pressures but the...
How CBN’s New Regulatory Direction Will Reshape Banking Operations
For years, Nigeria’s financial system has been under the shadow of regulatory warnings, weak enforcement and recurring compliance failures.
But with the recent wave of...
Cooking Gas Becomes Cheaper As Price Drops From N2,200/kg To N1,500...
The price of Liquefied Petroleum Gas (LPG), widely known as cooking gas, has dropped by 31.8 per cent from a peak of about N2,200...
