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How next-of-kin can claim funds from dormant accounts – CBN

Beneficiaries, legal agents, or next of kin may now collect unclaimed money from dormant accountsA management committee will oversee the accounts under the guidance...
Business

NNPC exposes how much fuel traffickers earn per trip from subsidy

The NNPC chief alleged that fuel traffickers made nearly N17 million by taking advantage of the shortcomings in the subsidy programMele Kyari claimed that...
Business

New company lists on Nigerian Exchange after sharing plans to refine petrol

Aradel lists 4.34 billion common shares at a price of N0.50 each to mark its debut on the Nigerian ExchangeThe company said the price...
Business

How to apply as Tinubu begins sharing 40k rice, names who can get one

The Federal Government has decided to provide 50 kg of rice for N40,000 to workers in the public sectorOn the OHCSF website, there is...
Business

Sources speak on new rate of Dangote fuel as FG opens up on more stake in Dangote, other refinery

Nigeria will use the local currency exchange rate in its external market to fix crude sales to the Dangote refinery in AfricaAccording to sources,...
Business

Femi Otedola continues to win amid exchange crises, gains $200 million in 12 days

Over the past 12 days, Femi Otedola, a Nigerian millionaire, has experienced a $200 million increase in his net worthHis net worth has increased...
Business

Firm owned by Nigerian billionaire announces major construction to compete with Dangote, others

BUA Foods Plc has formed a partnership with IMAS, a reputable Turkish producer of equipment for milling flourWith a combined daily milling capacity of...
Business

See the list of factors that will move naira to stability in 2024

The anticipated range for the naira exchange rate in the second half of this year is N1,423.26 to N1,550The analysis predicts that the naira...
Business

NPA begins coordinating petrol sales to Dangote refinery, shares detail

The Nigerian Ports Authority is in charge of carrying out the plan to sell crude oil and petroleum products to the Dangote Refinery in...
Business

Shocking! See list of 3 African countries owing Nigeria $14.2 million electricity debt

The federal government is considering giving restrictions to recover a substantial debt associated with the supply of electricityTo ensure the recovery of $14.2 million,...
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