Independent oil marketers under the Independent Petroleum Marketers Association of Nigeria (IPMAN) have forecasted a reduction in the retail price of Premium Motor Spirit (PMS), commonly...
The Nigerian Naira experienced mixed movements in the foreign exchange market as of yesterday. In the parallel market, the Naira saw a slight appreciation, rising to...
The Nigerian National Petroleum Company Limited (NNPCL) has announced the successful acquisition of a $1 billion crude-backed loan aimed at facilitating the operations of the 650,000...
Nigeria’s headline inflation has risen to 34.60% in November, according to the latest report from the National Bureau of Statistics (NBS). The report revealed an increase...
The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (petrol) at its retail outlets in Abuja, the Federal Capital...
In a decisive effort to curb the unauthorized distribution of freshly minted naira notes, the Central Bank of Nigeria (CBN) has announced a penalty of N150...
The Nigerian Naira weakened further in the parallel market on Thursday, dropping to N1,668 per dollar from N1,600 per dollar the previous day. In contrast, the...
The cost of landing Premium Motor Spirit (PMS), commonly referred to as petrol, in Nigeria has decreased by N36, now standing at N900.28 per litre as...
The Association of Senior Staff of Banks, Insurance, and Financial Institutions (ASSBIFI) has blamed the escalating cash scarcity in Nigeria on the Central Bank of Nigeria’s...
The Human Rights Writers Association of Nigeria (HURIWA) has expressed profound concern over the country’s unrelenting cash shortage, describing it as a clear indication of a...