Cabals benefit from petrol imports, frustrate local refineries –IPMAN
The massive imports of Premium Motor Spirit, popularly called petrol, using the United States dollar, will continue to put pressure on the…
FOREX
Forex inflow falls by 37% in one month -CBN
The foreign exchange inflows into the country fell by 36.7 per cent in one month to $4.36bn in January, figures obtained from…
Airlines, oil marketers disagree over JET-A1 price
Nigerian airline operators are currently at loggerheads with oil marketers over the rising prices of JET-A1, also known as aviation fuel. While…
Bakers hike bread price again, cite forex crisis, others
Bakers under the aegis of the Premium Breadmakers Association of Nigeria have said they will increase the price of bread, effective Monday…
Massive job cut looms as dollar hits N590
The lingering foreign exchange scarcity in the country has continued to worsen even as the exchange rate on the parallel market is…