The Nigerian National Petroleum Company Limited (NNPC Ltd.) says it has recorded N481 billion Profit After Tax (PAT) for April 2026. The development represents a sharp jump from the N276…
Read More NNPCL recorded N481 billion profit in April – OfficialCategory: Economy
Tinubu defends harsh economic reforms, says Nigeria passing through test, will emerge stronger
President Bola Tinubu has said Nigeria is undergoing a difficult phase but expressed optimism that the country would emerge stronger, more united and prosperous. Tinubu stated this on Thursday in…
Read More Tinubu defends harsh economic reforms, says Nigeria passing through test, will emerge strongerTinubu’s harsh economic reforms necessary; Nigerians should make sacrifices – Shettima
Vice-President Kashim Shettima has urged Nigerians to rise above ethnic, religious and political differences to confront common challenges bedevilling the country, reminding them of the need to make sacrifices amid…
Read More Tinubu’s harsh economic reforms necessary; Nigerians should make sacrifices – ShettimaNDIC reiterates commitment to strong deposit insurance funding to enhance financial system stability
The Nigeria Deposit Insurance Corporation (NDIC) has reaffirmed its commitment to continuously strengthening its Deposit Insurance Funds (DIFs) as part of efforts to promote the stability and resilience of the…
Read More NDIC reiterates commitment to strong deposit insurance funding to enhance financial system stabilityFG cancels $717.7m World Bank power intervention loan
The Federal Government has cancelled $717.7m in undisbursed World Bank intervention financing designed to revive Nigeria’s struggling electricity sector. The cancellation followed a formal request by the Federal Government and…
Read More FG cancels $717.7m World Bank power intervention loan
