In an effort to address the recent devaluation of the Naira, the Association of Bureaux De Change Operators of Nigeria…
The Naira has dropped seven times in the last several days at the foreign exchange compared to the US dollar. …
Aminu Gwadabe, the president of the Association of Bureau De Change Operators of Nigeria, or ABCON, has stated that the…
According to oil marketers, Premium Motor Spirit—also known as fuel—will soon be available at the Port Harcourt Refinery for less…
The foreign exchange market saw a N81.34 depreciation of the naira against the US dollar in a single day. The…
Olayemi Cardoso, the governor of the Central Bank of Nigeria, reports that Nigeria’s foreign reserves have increased by $600 million.…
The price of diesel has been confirmed to drop from N1200 to N1,000 per litre by Dangote Petroleum Refinery. The…
The Nigerian government has decided to sell crude oil to Dangote and local refineries to strengthen the Naira. Gbenga Komolafe,…
According to Finance Minister Wale Edun, Nigerians save in US dollars because they no longer trust the Naira. He pointed…
The national grid collapsed on Monday due to a fire incident, according to the Transmission Company of Nigeria, or TCN.…