Business

Nigerians Cry As NNPC Fuel Prices Skyrocket Above N850 Per Litre
- By Adeyinka Arutu
- . September 3, 2024
Fuel prices at Nigerian National Petroleum Company Limited (NNPC) stations have surged to over N850 per litre nationwide. Reports have

President Tinubu to Unveil Nigeria’s Premier Container Terminal in Onne
- By Adeyinka Arutu
- . August 26, 2024
President Bola Tinubu will next Wednesday inaugurate the newly upgraded West Africa Container Terminal (WACT) in Onne, Rivers State. The

Investors Lose N847 Billion in Stock Market Amid Profit-Taking and Selloffs
- By Adeyinka Arutu
- . August 19, 2024
Investors saw a significant loss of N847 billion in the stock market last week, driven by profit-taking activities and selloffs

Naira Continues to Slip as Exchange Rate Hits N1,595 to the Dollar
- By Adeyinka Arutu
- . August 15, 2024
The Naira saw a further decline yesterday, slipping to N1,595 per dollar in the parallel market, down from N1,590 per

Nigeria Spends $600 Million Monthly On Fuel Import Amid Subsidy Removal- Wale Edun
- By Adeyinka Arutu
- . August 7, 2024
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
- By Adeyinka Arutu
- . July 29, 2024
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
- By Adeyinka Arutu
- . July 26, 2024
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
- By Adeyinka Arutu
- . June 28, 2024
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
- By Adeyinka Arutu
- . June 24, 2024
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
- By Adeyinka Arutu
- . June 20, 2024
The national average retail price of Premium Motor Spirit (PMS), commonly known as petrol, rose by 223.21 percent year-on-year to