The Chinese Navy Escort Task Group (ETG) 162, comprising MSL Destroyer NANNING, MSL Frigate SANYA, and Supply Ship WEISHANHU, on Sunday visited Nigeria to strengthen bilateral...
The World Bank has said the decision by the previous administration to subsidise the price of petrol hindered the development of e-mobility and use of alternative...
The Naira on Friday dropped against the dollar, exchanging at N769.25 at the investors and exporters window. The Naira depreciated by 0.82 per cent when compared...
Oil marketers have projected that the pump price of petrol could rise above N700 per litre in Northern Nigeria starting from July. The National Controller Operations,...
The Central Bank of Nigeria, CBN, has placed a N50,000 daily limit on contactless payments either through bank accounts or digital wallets. The apex bank also...
The Naira on Tuesday dropped further, exchanges for N763 against the dollar at the Investors and Exporters window. The Naira depreciated by 0.67 per cent when...
Nigeria’s decision to eliminate fuel subsidies has had a significant impact, resulting in the collapse of a thriving black market in Vibrant West Africa’s Fuel Black...
…Banks ignore CBN’s directive on domiciliary accounts There are indications that banks are ignoring the Central Bank of Nigeria, CBN, directive that they should grant their...
The naira yesterday depreciated N765.13 per dollar in the Investors and Exporters (I&E) window. Data from FMDQ showed that the indicative exchange rate for the window...
Despite the scarcity of petroleum products Nigerians experienced in the first quarter of 2023, Q1’23, Petroleum products led the import chart during the period with a...