The Federal Competition and Consumer Protection Commission has given a one-month moratorium to traders and other market stakeholders involved in exploitative pricing to crash the prices...
The Naira yesterday depreciated to N1,620 per dollar in the parallel market from N1,615 per dollar on Tuesday. Similarly, the Naira yesterday depreciated to N1,606.56 per...
The Federal Government of Nigeria has successfully issued a $500 million domestic dollar bond with an attractive 9.75% interest rate for investors. This inaugural bond in...
The Federal Government has threatened to withdraw licences of oil marketers found guilty of hoarding Premium Motor Spirit otherwise known as petrol, following the unabated scarcity...
Guaranty Trust Bank Plc has confirmed an attempt to compromise its website domain. According to NAN, the bank’s management disclosed this in a statement made available...
The Nigeria Customs Service (NCS), on Wednesday, announced President Bola Tinubu’s approval for the implementation of a Zero Percent Duty Rate (0%) and Value Added Tax...
The Central Bank of Nigeria says six out of 32 banks that bid for foreign currency at its recently launched retail Dutch Auction System were disqualified...
The Central Bank of Nigeria (CBN) on Tuesday announced the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and...
President Bola Tinubu has directed the Nigerian National Petroleum Company Limited to sell crude oil to Dangote Refinery and other upcoming refineries in Naira. The Special...
Amidst the lingering crisis, Dangote Refinery has revealed that the Nigeria National Petroleum Company Limited, NNPCL, is supplying insufficient crude oil for its production demand, hence...