Nigeria Spends $600 Million Monthly On Fuel Import Amid Subsidy Removal- Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that Nigeria is spending $600 million
President Tinubu Orders NNPC To Sell To Dangote Refinery In Naira
President Bola Tinubu has instructed the Nigerian National Petroleum Company Limited (NNPC) to sell crude oil in Naira to the
Local Refiners Promise to End Nigeria’s Fuel Imports in 18 Months
Local refinery owners, including the Dangote Petroleum Refinery, assert they can eliminate Nigeria’s dependency on imported refined petroleum products within
Naira’s Stability Restored as Liquidity Returns- CBN Governor
Olayemi Cardoso, the Governor of Nigeria’s Central Bank, has announced the end of the recent concerns over the naira’s devaluation,
Femi Otedola Boosts Majority Stake in FBN Holdings with N17.2 Billion Share Purchase
Billionaire businessman and Chairman of FBN Holdings Plc, Femi Otedola, has strengthened his majority stake in the company by acquiring
Petrol Prices Skyrocket by Over 200%: May 2024 Report Reveals Highest and Lowest Rates Across Nigeria
The national average retail price of Premium Motor Spirit (PMS), commonly known as petrol, rose by 223.21 percent year-on-year to
Blackouts Hit Parts of Ghana and West Africa Due to Nigerian Gas Supply Disruption
Several regions in Ghana and other West African countries are currently experiencing blackouts due to a prolonged disruption in gas
FG To Take $500M World Bank Loan to Boost Roads and Agriculture
The Federal Government of Nigeria is seeking a $500 million loan from the World Bank to enhance rural road infrastructure
Nigeria’s Inflation Rises to 33.69%
Nigeria’s headline inflation rate climbed to 33.69% in April 2024, up from 33.20% in March, according to the National Bureau
House of Representatives Urges CBN to Reconsider Cybersecurity Levy Implementation
The House of Representatives has called on the Central Bank of Nigeria (CBN) to retract its directive mandating all banks