Retail outlets operated by the Nigerian National Petroleum Company Limited (NNPCL) have increased the price of Premium Motor Spirit (PMS), commonly known as petrol, from ₦965...
Oil marketers have distanced themselves from the recent increase in Premium Motor Spirit (PMS), commonly known as petrol, following a price hike by Dangote Petroleum Refinery...
As of January 18, 2025, cement prices in Nigeria have risen significantly due to factors such as inflation, rising production costs, and fluctuations in the value...
The Central Bank of Nigeria has sanctioned nine Deposit Money Banks with fines totalling ₦1.35bn for failing to ensure cash availability via Automated Teller Machines (ATMs)...
The Naira depreciated to N1,655 per dollar in the parallel market on Wednesday, down from N1,650 per dollar on Tuesday. Similarly, in the official foreign exchange...
The Naira depreciated to N1,665 per dollar in the parallel market on Monday, down from N1,660 per dollar recorded last weekend. In contrast, the Naira appreciated...
The Nigerian naira continued its upward trend against the dollar at the official foreign exchange market, closing stronger on Friday. Data from the Central Bank of...
The Federal Government may reduce the crude oil supply to Dangote Petroleum Refinery, potentially lowering its current allocation of 300,000 barrels per day, unless Nigeria’s oil...
The naira appreciated against the dollar in both the official and black markets on Tuesday, ending 2024 on a positive note. FMDQ data revealed that the...