Business
CBN tightens BVN rules to combat fraud
10 hours ago
CBN tightens BVN rules to combat fraud
The Central Bank of Nigeria has introduced stricter rules for Bank Verification Number (BVN) enrolment and data access to…
Shell resumes production at Bonga FPSO after successful turnaround maintenance
12 hours ago
Shell resumes production at Bonga FPSO after successful turnaround maintenance
Shell Nigeria Exploration and Production Company Limited (SNEPCo) has successfully completed turnaround maintenance (TAM) on the Bonga Floating Production, Storage,…
No turning back on cashless policy, says aviation minister Keyamo
13 hours ago
No turning back on cashless policy, says aviation minister Keyamo
Minister of Aviation and Aerospace Development, Festus Keyamo, has reiterated that the Federal Airport Authority of Nigeria’s (FAAN) cashless payment…
Dangote Refinery hikes petrol prices amid global oil surge
1 day ago
Dangote Refinery hikes petrol prices amid global oil surge
In a move that has sent ripples through the nation’s petroleum market, Dangote Refinery has raised the ex-depot price of…
Tinubu constitutes task force to drive petroleum sector reforms
2 days ago
Tinubu constitutes task force to drive petroleum sector reforms
President Bola Tinubu has approved the formation of a high-level task force to coordinate the next phase of reforms in…
CBN moves against large loan defaulters
2 days ago
CBN moves against large loan defaulters
The Central Bank of Nigeria has directed commercial banks and other financial institutions across the country to limit certain banking…
Nigeria oil output declines, petrol prices fall
2 days ago
Nigeria oil output declines, petrol prices fall
Nigeria’s crude oil production slipped to 1.31 million barrels per day (bpd) in February, marking a notable decline from 1.45…
South Korea caps fuel prices over Iran war
2 days ago
South Korea caps fuel prices over Iran war
South Korea has introduced a temporary cap on fuel prices to cushion the impact of rising global oil costs triggered…
Oil prices cross $100 amid Iran war tensions
2 days ago
Oil prices cross $100 amid Iran war tensions
Global oil prices surged above $100 per barrel on Thursday as escalating attacks linked to Iran intensified fears of a…
NNPC inspects Ogun oil well ahead of commercial drilling
4 days ago
NNPC inspects Ogun oil well ahead of commercial drilling
A technical team from the Nigerian National Petroleum Company Limited (NNPC) has visited the Eba oil well in Ogun Waterside…