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...
The Federal Competition and Consumer Protection Commission (FCCPC) has launched a major inquiry into widespread consumer complaints against leading players in the banking, telecommunications, and aviation...
The excitement surrounding the purported restart of operations at the Port Harcourt Refining Company earlier this week has quickly dissipated, leaving Nigerians’ hopes in limbo. A...
In a major decision, the Central Bank of Nigeria (CBN) on Friday advised bank customers to report any difficulties withdrawing cash from bank branches or ATMs...
The Nigerian National Petroleum Company Limited (NNPCL) has clarified that the Port Harcourt Refining Company (PHRC) has not yet begun bulk sales or opened its purchase...
The Nigerian National Petroleum Company Limited (NNPCL) has clarified that the recently restarted 60,000 barrels-per-day (bpd) old Port Harcourt Refinery is running at 90% of its...
The Naira, Nigeria’s currency, gained value on Thursday, trading at N1,740 per dollar in the parallel market, a slight improvement from the previous day’s rate of...
The Secretary of the Alesa community stakeholders, Timothy Mgbere, has alleged that the petroleum products loaded from the recently reopened Port Harcourt Refinery were not newly...
