Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has predicted that the cost of premium motor spirit also known as petrol will continue to decline...
The Naira depreciated to N1,565 per dollar in the parallel market from N1,555 per dollar on Monday. But the Naira appreciated to N1,510.33 per dollar in...
PTML Terminal, the largest multipurpose terminal in West Africa, recently made history with the arrival of the MV Great Cotonou, the first Con-Ro (Container-Roll-on/Roll-off) vessel, which...
The Nigerian naira recorded three consecutive days of appreciation against the dollar in the parallel foreign exchange market, ending the week on a high note on...
The Central Bank of Nigeria has assured the public of Keystone Bank’s stability amid the recent court judgement, which ordered the forfeiture of the bank’s shares...
The Central Bank of Nigeria (CBN) has announced that the 299th meeting of its Monetary Policy Committee (MPC) earlier scheduled for February 17 and 18, 2025,...
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...