The Senate has announced plans to summon the Central Bank of Nigeria (CBN), Nigeria Port Authority (NPA), Nigerian National Petroleum Company Limited (NNPCL), Dangote Group, and…
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According to reports from the Nigerian Exchange Limited (NGX), foreign transactions in Nigeria between January and June 2024 hit N540.48 billion. Disclosed in its report titled…
The National Bureau of Statistics has just released data indicating that prices for beans, tomatoes, Irish potatoes, garri, yam, and other food items increased in June…
The Nigerian Senate passed the Finance Act (Amendment) Bill 2024 on Tuesday. The bill increased the windfall tax on banks’ realised foreign exchange gains from the…
The Naira dipped against the Dollar at the foreign exchange market after the Central Bank of Nigeria (CBN) increased its interest rate. According to a Bureau…
The Naira saw a significant appreciation against the Dollar when trading resumed at the official market on Monday. According to FMDQ data, the Naira strengthened to…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that Nigeria’s fuel subsidy expenditure may exceed N700 billion monthly. Reacting to the data released last…
According to George Ene-Ita, the Midstream and Downstream Petroleum Regulatory Authority Spokesman, a fresh report on diesel sulfur content from Dangote Refinery will be released on…
Chairman of Dangote Group, Aliko Dangote, has offered to sell Dangote Refinery valued at $20 billion to the Nigerian National Petroleum Company Limited (NNPCL). He disclosed…
Aliko Dangote, the owner of Dangote Refinery, has dismissed reports by the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) that the petroleum…