Business

“This Is Nothing But Fraud” – Keyamo Rejects Outrageous N532bn Contract Variation

Festus Keyamo, has revoked the contract for the 2nd runway of Nnamdi Azikiwe International Airport, Abuja. This was due to an outrageous contract...

Olaitan Sodiq

Business

CBN Approves Release Of Nigerian Foreign Exchange Code

The Central Bank of Nigeria (CBN) has approved the release of the Nigerian Foreign Exchange (FX) Code. The FX Code will be formally...

Olaitan Sodiq

Business

Trump’s Policy Will Impact Petrol Prices, Naira – CPPE

CPPE has analyzed the potential impact of Donald Trump’s policies on Nigeria’s economy. According to CPPE’s CEO, Dr. Muda Yusuf, Trump’s decision to...

Olaitan Sodiq

World Bank Blacklists 18 Nigerian Firms, Individuals for Corrupt Practices | Daily Report Nigeria

Business

World Bank Debars Two Nigerian Firms, CEO Over Corruption

The World Bank Group has debarred two Nigerian companies. The debarment is due to fraudulent, collusive. The companies and Didam misrepresented conflicts of...

Olaitan Sodiq

NCC Approves MTN and NTEL Spectrum Lease Deal

Business

Nigerians May Spend N6.74tn on Calls After 50% Tariff Hike

The Nigerian Communications Commission (NCC) has approved a 50% tariff hike for telecommunications operators. The hike is expected to generate over N6.74tn in...

Olaitan Sodiq

Business

BREAKING: NCC Approves 50% Tariff Hike for Telecom Operators

The Nigerian Communications Commission (NCC) has approved a 50% tariff adjustment for telecom operators. The approved adjustment is significantly lower than the over...

Olaitan Sodiq

Dangote Refinery Gulps 13% of Nigeria Crude Exports – Report

Business

Dangote Refinery Increases Ex-Depot Price, Partners to Sell Petrol at ₦970 per Litre

Dangote Refinery has increased its ex-depot price of fuel from ₦899.50 to ₦950 per litre. Despite the price increase, Dangote Refinery’s partners, including...

Olaitan Sodiq