Economy

Dangote Refinery dominates fuel supply as FG suspends petrol imports

The Dangote Petroleum Refinery accounted for about 92 per cent of Nigeria’s daily petrol supply in February, as the Federal Government has paused the...

BOI, Plateau govt sign ₦4bn fund deal for MSMEs

The Bank of Industry (BOI) and the Plateau State Government have signed a Memorandum of Understanding establishing a ₦4 billion matching fund to boost...

CBN gives banks 18 months for anti-money laundering compliance 

The Central Bank of Nigeria (CBN) has given Deposit Money Banks (DMBs) 18 months to fully comply with its new baseline standards for automated...

FAAN issues over 100,000 airport access cards amid cashless policy rollout

More than 100,000 airport access cards have been issued to motorists across the country as part of efforts to implement the Federal Government’s cashless...

Businesses brace for higher costs as petrol hits ₦1,300/litre

As petrol prices jumped to about ₦1,300 per litre in various parts of Nigeria on Monday, businesses across the country are beginning to prepare...

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