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Nigeria’s foreign exchange reserves are projected to reach $41 billion by the end of the year, slightly higher than the 2024 figure, as the naira continues...
The Dangote Petroleum Refinery plans to stop importing crude oil by December 2025, aiming to replace hundreds of thousands of barrels per day of imported crude...
Three commercial banks in Nigeria have revealed the recommencement of international transactions on their naira cards. In separate messages to customers, the United Bank of Africa...
The Asset Management Company of Nigeria has confirmed the sale of the Ibadan Electricity Distribution Company. Gbenga Alake, managing director and chief executive officer of AMCON,...
The Nigerian National Petroleum Company (NNPC) Limited has raised the petrol pump price to N925 per litre in Lagos. This adjustment comes just two days after...
Global crude oil prices are expected to surpass $80 per barrel this week due to rising tensions between the United States and Iran. The oil market...
Point of Sale terminals handled transactions worth N223.27tn in 2024, representing a significant increase from the N110.35tn recorded in 2023. This is according to data from...
Members of the Major Energies Marketers Association of Nigeria plan to consult with the Dangote Petroleum Refinery to gain a clearer understanding of its strategy to...
In a bid to end the ongoing violence that has claimed numerous lives and razed homes in multiple communities, President Bola Tinubu is set to meet...
The National Bureau of Statistics (NBS) has reported that Nigeria’s headline inflation rate declined to 22.97 percent in May 2025, compared to 23.71 percent recorded in...
