Economy

965 Articles
Economy

CAC Accuses Banks of Enabling Non Compliant Companies Uncovers Fake Registrations

The Registrar General of the Corporate Affairs Commission CAC Hussaini Magaji SAN has accused some banks and financial institutions of undermining Nigeria’s anti...

Economy

Gov Eno Blames Lack of Investors for Delayed Takeoff of Ibom Deep Seaport Project

Akwa Ibom State Governor, Umo Eno, has attributed the delayed takeoff of the Ibom Deep Seaport project to the absence of investors, despite...

Economy

Kenya Condemns Deceptive Recruitment of Citizens into Ukraine War

Kenya has strongly condemned the recruitment of its citizens under false pretenses to fight in Ukraine, describing the practice as “unacceptable” and warning...

Economy

Port Harcourt Refinery 90 Percent Ready, Could Resume Within a Week – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has revealed that the old Port Harcourt Refinery has been rehabilitated to...

Economy

Edun Urges Nigeria to Cut Borrowing and Strengthen Domestic Revenue Base

The Minister of Finance and Coordinating Minister of the Economy Wale Edun has said Nigeria must urgently reduce its dependence on borrowing and...

Economy

Nigeria Revenue Service Targets N40.7tn Revenue for 2026 on Non Oil Growth Drive

The Nigeria Revenue Service has set an ambitious revenue target of N40.7tn for the 2026 fiscal year, relying on stronger non oil collections...

Economy

28 Ships Laden with Petroleum Products and Commodities Expected at Lagos Ports

The Nigerian Ports Authority (NPA) has announced that no fewer than 28 ships carrying petroleum products and other commodities are expected to arrive...

Economy

Access Bank Bidvest Bank Acquisition Collapses After Deadline Expires

Access Holdings Plc has confirmed that its banking subsidiary Access Bank Plc was unable to complete its proposed acquisition of a 100 per...

Economy

NSITF Denies Allegations of Financial Mismanagement, Reaffirms Commitment to Reforms

The Nigeria Social Insurance Trust Fund (NSITF) has refuted claims of financial impropriety against its Managing Director/CEO, describing them as false, malicious, and...

Economy

Africa Must Shift Global Energy Dialogue to Inclusive Energy Mix – Minister Lokpobiri

Minister of State for Petroleum Resources, Heineken Lokpobiri, has called on African countries to advocate for a global energy conversation that prioritises a...