FX market reforms raise capital inflows by 200% – Cardoso
Mr Olayemi Cardoso, Governor, Central Bank of Nigeria (CBN), says reforms in Nigeria’s foreign exchange (FX) market have significantly improved...
Economy
FG suspends petrol import licences for second consecutive month
The Federal Government has once again suspended the issuance of petrol import licences as local refining capacity continues to satisfy...
US/Israel-Iran war: Nigeria’s economy on course— FG
Attributes hike in cost of fuel to market realities The Federal Government says Nigeria’s economy is in good shape despite...
Dangote slashes PMS price by N100, declares fuel scarcity “gone for good”
The management of Dangote Petroleum Refinery has announced a major reduction in the prices of Premium Motor Spirit (PMS), commonly...
Fuel crisis: C’River residents groan as transport fares soar
IDONGESIT INYANG, CALABAR Residents of Calabar, the Cross River State capital and its environs, have lamented the high cost...
FG suspends helicopter landing fees for oil companies
CHUKWUEMEKE IWELUNMO, Following extensive deliberations between officials of the Ministry of Petroleum and Aviation, the Minister of Aviation and Aerospace...
U.S. Israel –Iran war: Fuel pump price may hit N2000 if situation persists, PETROAN warns
.Tasks NNPC on domestic refining to curb global shocks The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has...
Nigeria secures hosting rights for 2027 Intra-African Trade Fair
Obasanjo lauds FG, LASG, private sector for securing hosting rights Nigeria has secured the right to host the fifth edition...
NECA warns jobs at risk despite lower interest rates
The Nigeria Employers’ Consultative Association (NECA) says job losses remain a concern in spite of lower interest rates, warning that...
UBA Business series to spotlight Africa’s new generation of women leaders
United Bank for Africa (UBA) Plc is set to host a special edition of its impactful quarterly UBA Business Series,...
