The Port Harcourt Refining Company (PHRC) has reportedly begun exporting low-sulphur straight-run fuel oil, with its initial shipment heading to Dubai, United Arab Emirates. The development...
The naira has shown remarkable gains over the past five days, bolstered by Nigeria’s successful $2.2 billion Eurobond issuance and the introduction of the Central Bank...
The Special Adviser on Information and Strategy to President Bola Tinubu, Mr. Bayo Onanuga, has confirmed ongoing rehabilitation efforts at the 150,000 barrels-per-day (bpd) plant of...
Margaret Adeyileka, a Nigerian entrepreneur who has lived with a disability for over 20 years, has accused Emirates Airline of discrimination after being denied boarding with...
The President of the Trade Union Congress (TUC), Festus Osifo, has revealed the reasons behind petroleum marketers’ refusal to lift products from the recently revitalized Port...
The Nigerian Naira appreciated to N1,695 per dollar in the parallel market on Wednesday, up from N1,725 per dollar on Tuesday, showing a positive shift in...
The Central Bank of Nigeria (CBN) has addressed rumors surrounding forced retirements, emphasizing that its Early Exit Package (EEP) is entirely voluntary and comes with no...
The Central Bank of Nigeria (CBN) is preparing to retire approximately 1,000 employees as part of a strategic workforce realignment aimed at streamlining operations. A severance...
The Port Harcourt Refining Company has confirmed that it has reduced its operations to allow for necessary upgrades at the facility, clarifying that activities were not...
The Central Bank of Nigeria (CBN) has introduced updated guidelines that allow licensed Bureaux de Change (BDCs) to directly acquire foreign exchange from Authorized Dealers. This...
