The claim that Nigeria printed N50-N60 billion last month to cushion its financial trouble has been denied by the Federal Ministry of Finance, Budget, and National planning as well as the Central Bank of Nigeria (CBN).

Anglo-Dutch multinational oil and gas company – Shell has reduced its annual payment to the country’ coffers by as much as 42.45 per cent.

The Nigerian National Petroleum Corporation, NNPC, on Friday announced that it was collaborating with other stakeholders to establish a gas power plant in Maiduguri, the Borno State capital, to address the problem of power supply in the state.

The Central Bank of Nigeria has reportedly suspended the provision of the BVN validation service to all fintech and third-party partners in the country.

Dangote Sugar Refinery Plc (DSR) recorded profit after tax of N26.70 billion for the financial year ended Dec. 31, 2020.