The naira depreciated significantly against the dollar at the foreign exchange market as the Nigerian National Petroleum Company Limited, NNPCL, increased the pump price of Premium...
Petroleum marketers have said the Nigerian government has completely removed the subsidy on Premium Motor Spirit (petrol), which is the reason the Nigerian National Petroleum Company...
The President of Dangote Group, Aliko Dangote has urged the federal government to end all crude oil for loan deals. Dangote disclosed on Wednesday at the...
The Central Bank of Nigeria has announced a fresh Foreign Exchange Code as guidelines to legible players in the country’s FX market to stabilize the Naira....
The Central Bank of Nigeria, CBN, has announced the introduction of the Electronic Foreign Exchange Matching System, EFEMS, for foreign exchange transactions in the Nigerian Foreign...
Oil marketers have raised alarm that the Nigerian National Petroleum Company Limited, NNPCL, portal used for the purchase petrol has been shut against dealers, making it...
The Federal Government has introduced new fiscal incentives to boost foreign investments in Nigeria’s oil and gas sector. The two incentives were unveiled by the Minister...
Some customers of First Bank Plc have taken to social media to drag the bank over what they described as unnecessary debits from the money-keeping giant....
The Naira yesterday depreciated to N1,640 per dollar in the parallel market from N1,650 per dollar on Thursday. Similarly, the Naira depreciated to N1,541.52 per dollar...
The Central Bank of Nigeria (CBN) has announced another increase in its Monetary Policy Rate (MPR), raising it to 27.25%. The decision was made on Tuesday...