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Jonathan NwokporAccording to the Nigerian National Petroleum Company Limited, it has chosen not to increase its previous investment in the Dangote Refinery, which produces 650,000 barrels of oil per day. In
Read MoreJonathan NwokporThe Nigerian National Petroleum Company Limited, NNPCL, no longer has a twenty percent share in Dangote Refinery, according to Aliko Dangote, chairman of the Dangote Group and owner of the
Read MoreJonathan NwokporAccording to data from the Financial Institutions Training Centre (FITC), the three most common types of fraudulent behaviour in Nigeria’s banking sector during the first quarter of 2024 were computer/web
Read MoreJonathan NwokporStudents from 36 state-owned postsecondary institutions may now apply for the Nigerian Education Loan Fund, or NELFUND, beginning Sunday, July 7, 2024. This was revealed by NELFUND in a notice
Read MoreJonathan NwokporAn arm of the UN called the Food and Agriculture Organisation has issued a warning that, due to food insecurity, 80–82 million Nigerians could experience acute hunger by 2030. This
Read MoreJonathan NwokporSince May 13, 2024, the naira has depreciated against the dollar at its greatest rate. The naira dropped from N1512.61 to N1520.24 versus the dollar on Thursday, according to FMDQ
Read MoreJonathan NwokporAliko Dangote, the chairman of the Dangote Group, has voiced concerns about the Central Bank of Nigeria’s (CBN) intention to hike interest rates to almost thirty percent. The business magnate
Read MoreJonathan NwokporIn the last nine days, the naira has lost more value in the foreign currency market when compared to the dollar. The naira dropped from N1507.83 on Wednesday to N1510.10
Read MoreJonathan NwokporMarketers and energy experts in Nigeria’s oil and gas business have ruled out expectations of a price collapse ahead of Dangote Refinery’s start of Premium Motor Spirit, or petrol, supplies
Read MoreJonathan NwokporAs trade on the foreign currency market restarted, the value of the naira continued to decline against the dollar. The naira dropped to about N1505 against the dollar on Monday
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