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Latest News on Business, Economy, stock market, Crypto currency, Bitcoin and monetary policy in Nigeria

Fuel Supply: 9,000 Marketers May Lose Licences, Seek FG’s Intervention

Fuel Supply: 9,000 Marketers May Lose Licences, Seek FG’s Intervention

As a result, the Independent Petroleum Marketers Association of Nigeria is urging the Nigerian National Petroleum Company Limited to extend…
Refined Dangote Fuel Now Expected In July

Refined Dangote Fuel Now Expected In July

The 650,000 barrels per day Dangote Refinery may not be able to deliver Premium Motor Spirit (PMS) also called petrol…
Multichoice Ignores Court Order, proceeds With DSTV, Gotv subscription Hikes

Multichoice Ignores Court Order, proceeds With DSTV, Gotv subscription Hikes

Multichoice Nigeria, a popular Pay TV provider, has proceeded with the upward adjustment of its prices for DStv and GOtv…
Naira Rebounds, Gains N28.15 Against Dollar

Naira Rebounds, Gains N28.15 Against Dollar

The naira closed the month of April on a good footing as it gained N28.15 at the official market, trading…
CBN Raises Customs FX Duty Rate For Cargo Clearance By 14% – Politics

CBN Raises Customs FX Duty Rate For Cargo Clearance By 14% – Politics

This represents a 14 percent increase in rate compared to the old rate of N1,164.84/$ previously used for the opening…
Petrol Stations Shut Down In Kano As Fuel Scarcity Bites Harder

Petrol Stations Shut Down In Kano As Fuel Scarcity Bites Harder

Fuel scarcity is biting harder in the ancient city of Kano as most of the petroleum stations have been shut…
Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$

Increased Demand For Dollar Causes Naira To Depreciate To 1,420/$

The naira on Thursday continued its downward trend against the United States dollar, depreciating to N1,309/$ at the official market…
Naira Depreciates By N64 Against Dollar At FOREX Market

Naira Depreciates By N64 Against Dollar At FOREX Market

FMDQ data indicated that the Naira depreciated to N1,234.49 per US dollar on Monday compared to N1,169.99 on Friday, The…
Chinese Chamber Of Commerce In Nigeria Breaks Silence On Abuja Supermarket

Chinese Chamber Of Commerce In Nigeria Breaks Silence On Abuja Supermarket

The China General Chamber of Commerce in Nigeria has reacted to the allegations that the Chinese supermarket within the premises…
Dangote Refinery Ramps Up Production With US Crude

Dangote Refinery Ramps Up Production With US Crude

The 650,000 barrels per day Dangote Petroleum Refinery is taking advantage of cheaper oil imports from the United States for…
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