The Central Bank of Nigeria, CBN, has issued guidelines for the sale of foreign exchange (FX) to Bureaux De Change, BDC, operators. The modalities are outlined...
The Naira has appreciated further against the Dollar at the parallel foreign exchange market. This comes as the Naira recorded the biggest gain against the dollar...
Residents of the Federal Capital Territory have been left stranded and grappling with fuel shortages following the sudden closure of several retail outlets owned by the...
Reports have revealed that shipping companies and port terminal operators operating at Nigerian ports have incurred losses running into billions of Naira following the forfeiture of...
The Nigerian banking sector witnessed significant developments last week, with Zenith Bank and Wema Bank making notable strides in their recapitalization efforts. As banks adapt to...
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has stated that the recent reduction in petrol prices by Dangote Refinery may not immediately reflect...
Dangote Petroleum Refinery has reduced the ex-depot (gantry) price of Premium Motor Spirit (PMS), also known as petrol, to N890 per litre, from N950 per litre,...
The naira appreciated significantly at the official foreign exchange market to end the week stronger. FMDQ data showed that the naira strengthened to N1,531.20 against the...
The Registrar General of the Corporate Affairs Commission, Hussaini Ishaq Magaji has revealed that only 100,000 Point of Sale (POS) operators have officially registered their businesses...
The Dangote Petrochemical Refinery has attributed its recent adjustment in the price of Premium Motor Spirit (PMS), commonly known as petrol, to the rising cost of...