Business

    The Central Bank of Nigeria has assured Nigerians that its ongoing policies and reforms are targeted at restoring price and monetary stability amid rising inflation and economic hardship.   Speaking at the CBN Fair in Uyo, Akwa Ibom State, on Tuesday, the CBN governor, Olayemi Cardoso, said some ...

      The Nigerian Railway Corporation generated N1.95 billion from transporting 929,553 passengers through the rail system in the first quarter of 2025, the National Bureau of Statistics has reported.   The figure is disclosed in the Rail Transportation Data Q1 2025, published by NBS on October 5 and ...

    The Chairman, Board, management and entire staff of the National Hajj Commission of Nigeria have commended President Bola Tinubu and Vice President Kashim Shettima for their recent directive to reduce the cost of the 2026 Hajj, describing the gesture as a thoughtful and timely move that brings great ...

    Ogun State Governor, Dapo Abiodun, has announced a new partnership with Chinese investors aimed at strengthening the state’s energy infrastructure and industrial capacity.   In a statement shared on X on Saturday, according to the governor, discussions with the Jiangsu-based company Cteec focused on funding availability, technical capacity, ...

  A blaze has ravaged a Solar and Electrical Company in the Iwo Road Area of Ibadan, the Oyo state capital.   The incident was said to have occurred on Thursday.   PUNCH Online learnt that the fire destroyed the Training Office of Sun Watt’s Solar and Electrical Company located ...

    The Lagos State Government has defended the ongoing demolition of illegal structures at the Trade Fair Complex in Ojo, insisting that the exercise is a technical enforcement of planning laws and not targeted at any ethnic group.   Commissioner for Physical Planning and Urban Development, Olumide Oluyinka, made ...

    The Petroleum and Natural Gas Senior Staff Association of Nigeria has clarified that it did not sign the communiqué that ended its nationwide strike against the Dangote refinery.   The union suspended its strike, which began on Sunday, on Wednesday after the intervention of the Federal Government, but ...

    The Federal Government has said the Dangote Group will redeploy staff earlier disengaged from its refinery operations, following the resolution of its dispute with the Petroleum and Natural Gas Senior Staff Association of Nigeria.   The FG also announced that the redeployed staff will not suffer any loss ...

    The Federal Government has brokered peace in the face-off between the Dangote Petroleum Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria, after two days of conciliation meetings.   A statement issued in the early hours of Wednesday by the Minister of Labour and Employment, ...

        The ECOWAS Parliament has adopted a budget of 19,636,030 Units of Account (26 million dollars) for the 2026 fiscal year, and announced plans to commemorate its 25th anniversary in November.   The Speaker of the Parliament, Hadjia Memounatou Ibrahima, disclosed this in a statement on Tuesday. ...