Business

EFCC recovers $3m, N1.3bn from oil firms over unpaid revenues

The Economic and Financial Crimes Commission (EFCC) has recovered $3m and N1.3bn from two oil companies over unremitted statutory revenues…

2 days ago

2027: Dangote refinery, fertiliser projects to employ 90,000 in Lagos

President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has projected that more than 90,000 people will be employed at the…

2 days ago

CBN moves to digitalise fiscal data collection across 774 LGAs

The Central Bank of Nigeria (CBN) has begun digitalising fiscal data collection across the 36 states, the Federal Capital Territory…

2 days ago

Stock market rebounds as investors gain N2.32trn

Trading on the Nigerian stock market opened the week on a bullish note on Monday, November 9, 2026, as investors…

3 days ago

Nigeria’s debt burden to consume 72% of revenue by 2030 – DMO

Nigeria’s debt service-to-revenue ratio is projected to rise to 71.7 per cent by 2030, exceeding the Debt Management Office’s self-imposed…

3 days ago

SON joins NESS committee to strengthen Nigeria’s non-oil exports

The Standards Organisation of Nigeria (SON) has secured a seat on the Nigerian Export Supervision Scheme (NESS) Technical Committee, a…

4 days ago

Nigeria defers 42.6m barrels of crude worth $2.97bn

Nigeria deferred about 42.55 million barrels of crude oil and condensate in 2025, with the affected volumes carrying an estimated…

4 days ago

Customs generates N1.4trn in two months, records N8.1bn seizures

The Nigeria Customs Service (NCS) generated N1.4trn in revenue in September and October 2026, while intercepting prohibited and restricted goods…

4 days ago

CBN sets N15bn capital requirement for foreign currency stablecoin issuers

The Central Bank of Nigeria (CBN) has introduced a minimum capital requirement of N15 billion for firms issuing foreign currency-backed…

6 days ago

CBN ties P2P crypto trades to BVN-verified bank accounts

The Central Bank of Nigeria (CBN) has tightened its regulation of peer-to-peer (P2P) cryptocurrency trading, barring platforms from releasing or…

6 days ago

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