Business

Business news today

776 Articles
NNPCL to Hand Over Nigerian Refineries to Private Firms
Business

NNPCL Debunks Claim of Inferior Fuel Quality

NNPCL has debunked claims that its premium motor spirit (PMS) does not last as long as the one from Dangote Refinery. A viral...

CBN Reassures Keystone Bank Customers After Court Order | Daily Report Nigeria
Business

CBN Reassures Keystone Bank Customers After Court Order

The Central Bank of Nigeria (CBN) has assured customers of Keystone Bank not to panic following a court order ordering forfeiture of the...

CBN Reacts to Naira Devaluation
Business

CBN Warns Banks Against Limiting ATM Withdrawals Below ₦20,000

CBN has warned banks against limiting ATM withdrawals to amounts below ₦20,000 per transaction. The CBN stated that any bank that compels a...

MTN Reverses 200% Data Tariff Hike After Backlash | Daily Report Nigeria
Business

MTN Reverses 200% Data Tariff Hike After Backlash

Nigeria’s telecommunications giant, MTN, has reversed its 15G data plan 200 percent tariff hike. The reversal was disclosed in a statement through MTN’s...

NNPCL to Hand Over Nigerian Refineries to Private Firms
Business

NNPC Reduces Petrol Price To N945 Per Litre

NNPCL has reduced the price of petrol at its retail stations from N960 to N945 per litre. The price change took effect on...

NLC, TUC Gives Govs Ultimatum on N35k Minimum Wage
Business

NLC Directs Workers to Boycott Telcos Services Over 50% Tariff Hike

NLC has directed its members and Nigerians to boycott telecommunications services in protest of a 50% tariff hike. The boycott, scheduled to take...

World Bank Approves Fresh $700m Loan for Nigeria
Business

Nigeria, World Bank Collaborate on Capital Market Funding for Infrastructure

FG has begun discussions with the World Bank to explore funding options for infrastructure development through Public Private Partnership (PPP). The Infrastructure Concession...

How Nigeria Lost N366,524bn to Non-functional Refineries
Business

Warri Refinery Undergoes Routine Maintenance, NNPC Denies Explosion Reports

The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced that the Warri Refinery is undergoing a planned routine maintenance program aimed at...