Category: featured

NGX records 12.01% drop in transactions in November

The Nigerian Exchange Limited reported a 12.01% decline in total transactions for November 2024, amounting...

CBN attributes oil revenue crash to ageing pipelines

The Central Bank of Nigeria has identified ageing pipeline infrastructure and operational inefficiencies as key...

Petrol price cut in response to market conditions – Dangote

The President of Dangote Industries Limited, Aliko Dangote, had stated that the recent reduction in...

Food, drink prices hits 40% as Nigerians celebrate christmas

Festive season celebrations in Nigeria are overshadowed by surging inflation, with food and non-alcoholic beverage...

CBN to launch whistleblower platform January

The Central Bank of Nigeria will launch an externally hosted whistleblowing platform on January 1,...

Port Harcourt refinery resumes petrol loading operations

The Port Harcourt Refining Company has resumed the loading and transportation of Premium Motor Spirit,...

Fuel price drops to N935/litre today – IPMAN

The Independent Petroleum Marketers Association of Nigeria has announced that petrol will be sold at...

Dangote, MRS partner to sell petrol at ₦935 nationwide

Dangote Refinery has partnered with MRS Oil and Gas to offer petrol at ₦935 per...

Nigeria needs $20bn annually for 7% growth by 2027 – Edun

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Fri...

FG achieves 256% increase in meter installations in Q3

The Federal Government’s efforts in Nigeria’s electricity sector have led to substantial progress, with the...

Customs scrap import duties on LPG, CNG conversion Kits

The Nigeria Customs Service has removed import duties on Liquefied Petroleum Gas and related equipment,...

Diaspora remittances surge to $4.22bn – CBN

The Central Bank of Nigeria has reported a substantial rise in diaspora remittances through International...