The Naira on Wednesday depreciated at the official market, trading at N1,625.13 to the dollar. Data from the FMDQ Exchange, a platform that oversees the Nigerian...
The Central Bank of Nigeria (CBN) says it sold 543.5 million dollars to authorised dealer banks between September 6 and September 30. According to a statement...
The import of Premium Motor Spirit (petrol) into Nigeria dropped by 13.77 percent to 20.30 billion liters in 2023 compared to 23.54 billion liters in 2022....
The Federal Government has approved licensing waiver for investors wishing to establish cottage or community cinema in Nigeria. Dr. Husseini Shaibu, Executive Director/CEO of the National...
The Central Bank of Nigeria (CBN) has unveiled plans to sanction banks who fail to dispense cash via their Automated Teller Machines (ATMs). This was disclosed...
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has clarified the reasons independent marketers are unable to purchase petrol directly from Dangote Refinery....
The management of Air Peace has confirmed that the windshield of the its plane malfunctioned upon landing in Abuja on Monday. According to reports, the windshield...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR) by 50 basis points to 27.25...
Multinational consumer goods company, PZ Cussons, says it has commenced plans to sell its subsidiaries in Nigeria and other African countries to any interested buyer. The...
For years, Nigeria has emerged as a prominent player in the global financial markets. Especially within commodities trading has Nigeria risen as a major entity, due...
The Securities and Exchange Commission (SEC) says it will encourage government agencies and state-owned enterprises to list on the Nigerian Exchange Ltd. (NGX). Dr Emomotimi Agama,...
The Nigerian National Petroleum Company Limited (NNPC Ltd.), has released estimated prices of Premium Motor Spirit (PMS), known as fuel, obtained from the Dangote Refinery in...