Nigeria’s Net Foreign Exchange Reserve (NFER) stood at $23.11 billion by the end of 2024, marking its highest level in more than three years. This increase...
There is growing concern in the downstream oil and gas sector as industry players await the Federal Government’s decision regarding the “naira-for-crude” agreement between the Nigerian...
The continued scarcity of crude oil has greatly impeded investments in establishing and fully operating seven new and existing refineries across the country, according to local...
Airtel Africa has partnered with MTN Group to expand digital inclusion by sharing network infrastructure in Uganda and Nigeria. In a statement released in Lagos on...
The National Bureau of Statistics (NBS) has reported a decrease in Nigeria’s inflation rate, which fell to 23.18% in February from 24.48% in January. The announcement...
The cost of Premium Motor Spirit (petrol) could experience a further decline if crude oil prices continue to drop. This trend will be reinforced if the...
The Nigerian National Petroleum Company (NNPC) Limited has lowered the retail price of premium motor spirit (PMS), commonly known as petrol, to N880 per litre at...
Banks have stocked their ATMs with cash as the N100 transaction fee began on March 1. The Central Bank announced the revised ATM transaction charges in...
Dangote Petroleum Refinery & Petrochemicals has slashed the price of Premium Motor Spirit (PMS), or petrol, for the second time this month. It has cut N65...
Returns as Headline Sponsor for 2025 NBC Trade Fair Wema Bank, Nigeria’s most innovative financial institution and pioneer of Africa’s first fully digital bank, ALAT,...