Economy
CBN to manage funds in dormant accounts under new guidelines
The Central Bank of Nigeria (CBN) will now supervise the transfer of funds from dormant accounts, assets, and unclaimed balances in Nigerian banks and other financial institutions.
Aliko Dangote dismisses claims of substandard products from his refinery
Africa's richest man, Aliko Dangote, has refuted allegations that refined petroleum products from his refinery, including diesel, are substandard.
Nigeria produced over 236 million barrels of crude oil in first half of 2024: Report
Nigeria has produced a total of 236,229,281 barrels of crude oil in the first half of 2024, according to data from the Nigerian Upstream Petroleum Regulatory Commission.
NAFDAC shuts down bakery for using unfortified sugar in Sokoto
The National Agency for Food and Drug Administration and Control (NAFDAC) has shut down a bakery in Sokoto for using unfortified sugar and banned bromate.
FAAC: FG, states, LGs share N1.354 trillion
The Federation Accounts Allocation Committee (FAAC) has distributed a total of N1.354 trillion in June revenue among the Federal Government, states, and Local Government Councils (LGCs).
