Category: featured

FX markets hold steady near ₦1,468/$1 at official rate

The Naira traded in a narrow band across both the official and parallel foreign exchange...

Nigeria to push for higher OPEC oil quota – Minister

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, announced that Nigeria will...

Reps to intervene in PENGASSAN–Dangote refinery dispute

The House of Representatives on Tuesday agreed to intervene in the recent dispute between the...

ICYMI: Enugu residents face 10-day blackout over TCN rehabilitation

MainPower Electricity Distribution Limited has announced scheduled power outages across Enugu metropolis from Wednesday, October...

Presidency denies selective justice as EFCC recovers ₦500bn under Tinubu

Vice President Kashim Shettima has disclosed that the Economic and Financial Crimes Commission has recovered...

Nigeria’s raw material imports surge to ₦3.53trn in six months

Nigeria’s manufacturing sector is increasingly dependent on imported raw materials for survival, a trend that...

High bank charges, taxes top Nigerian business constraints — CBN

Businesses and households have clearly identified high interest rates, multiple taxes, and poor infrastructure as...

NCC, CBN partner to tackle failed airtime, data transactions

The Nigerian Communications Commission and the Central Bank of Nigeria are collaborating to develop a...

FG to launch national campaign to promote made-in-Nigeria goods

The Federal Government is set to launch a nationwide campaign to promote Made-in-Nigeria goods and...

Naira falls to ₦1,500 in black market

The Naira traded within the mid-₦1,400s on the official Nigerian Foreign Exchange Market platforms on...

Dangote refinery to release 600m litres of petrol monthly

Independent petroleum marketers have confirmed that the Dangote Petroleum Refinery plans to release up to...

Official forex rate stuck at ₦1,475 as parallel market surges

The Naira continued to trade within the mid-₦1,400s on official Foreign Exchange platforms, while the...