NNPCL speaks on fuel price hike
Nigerians have been reassured by the Nigerian National Petroleum Company Limited (NNPCL) that the price of Premium Motor Spirit (PMS), also referred to as petrol, will not rise anytime soon.
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Nigerians have been reassured by the Nigerian National Petroleum Company Limited (NNPCL) that the price of Premium Motor Spirit (PMS), also referred to as petrol, will not rise anytime soon.
Read MoreAmid economic difficulties, the World Bank claimed that it has committed more than $15 billion to fund 30 development initiatives throughout Nigeria. This was revealed in a statement released by
Read MoreIn 2023, Nigeria’s cashless transactions reached N611.06 trillion. On Wednesday, the Nigeria Inter-Bank Settlement System made this revelation. According to NIBSS, cashless payments increased by 54.55 per cent annually by
Read MoreThe federal government of Nigeria has declared that, as of February 1, 2024, alcohol produced in sachets less than 200 milliliters will be banned. This was revealed in a recent
Read MoreAgainst the US dollar, the Naira saw a notable increase in the Foreign Market due to the Central Bank of Nigeria’s extensive policy changes. The Naira strengthened against the dollar
Read MoreUS dollar supply at the official foreign exchange market jumped last Friday, reaching 180.59 percent to $440.13 million as commercial banks scrambled to evade regulatory sanctions from the Central Bank
Read MoreThe proposal to convert $30 billion in deposits in domiciliary accounts to naira has been rejected by the Central Bank of Nigeria or CBN. The CBN reacted in response to
Read MoreAt the end of January 2024, the Naira saw a slight increase against the US dollar on the official foreign exchange market due to the Central Bank of Nigeria’s recent
Read MoreAccording to Bloomberg, the Dangote refinery plans to import oil from the US in the upcoming months. Trafigura Group is anticipated to sell the Dangote refinery 2 million barrels of
Read MoreOn Monday, the Naira hit an all-time low of N1,348.63 versus the US dollar in the foreign exchange market. The Naira dropped from N891.90 on Friday to a record low
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