Lagos Governor Sanwo-Olu approves a N50,000 wage for civil servants amid rising living costs, recognising their vital role in the state's development and growth.
The CBN's new BVN regulations, effective May 2026, aim to enhance banking security with stricter controls on phone changes, device usage, and transaction limits.
The federal government was encouraged by the LCCI to continue paying naira for the sale of crude oil to the Dangote Refinery and other nearby refineries.
VFD Microfinance Bank has denied a report that it was fined N8m by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC)
Subject to CBN's approval, Adebowale Oyedeji has been named the new Group Managing Director (GMD) of FBN Holdings Plc, with effect from November 13, 2024.
The Minister of Aviation and Aerospace Management, Festus Keyamo, has commissioned the largest jet fuel depot with a capacity to deliver 150 million litres.
Electricity distribution companies are required by the federal government to replace any meters that are being phased out due to a meter upgrade.
Inner Galaxy Steel business Limited, a Chinese business, is set to invest $300m to construct a new steel plant in Ogun State that will produce specialty steel goods.
International airlines have been directed to use local caterers for their in-flight meals by the Federal Government's Ministry of Aviation and Aerospace Development.
Beta Glass has experienced significant financial growth, reinforced by its strong revenue figures and capital expenditures (Capex) during this five-year period.
The Minister of Aviation and Aerospace Management, Festus Keyamo, has said that Nigeria's aviation rating has risen to 75.5% after signing the Cape Town Convention.
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