Economy

Latest Economy News

FG approves $750m for rural electrification

The Federal Government has approved a $750m World Bank funding for the

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CBN raises interest rate to 26.25%

The monetary policy committee of the Central Bank of Nigeria (CBN) has

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Port Harcourt Refinery begins operations July

The 210,000-barrel-per-day Port-Harcourt refinery may finally commence operations by the end of

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FAAC: FG, states, LGs share N1.2trn revenue for April

The Federation Account Allocation Committee, FAAC, has shared the sum of N1.208

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‘Shell’s Bonga boosted Nigeria’s 2023 production’

Shell Nigeria Exploration and Production Company Ltd (SNEPCo) produced more oil at

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Nigerians kick over new 0.5% cybersecurity levy

The introduction of the 0.5 per cent cybersecurity levy on all banking

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PoS operators to register with CAC latest July 7

The Corporate Affairs Commission has set a two-month deadline for Point of

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Shell Nigeria paid $1.09bn paid in taxes, royalties in 2023

Shell exclusively paid a total of $1.09 billion in corporate taxes and

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Dangote Group, driving force for Gateway Fair –OGUNCCIMA

Ogun State Chambers of Commerce, Industry, Mines and Agriculture, OGUNCCIMA, has described

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FG revokes 924 mining licenses

In furtherance of efforts to sanitise the mining sector, the Federal Government

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