Business

In news reports, Dangote refinery has begun negotiations with Libya to secure crude for the 650,000 barrels per day plant and will also seek Angolan oil, a senior executive, Devakumar...

President of Dangote Industries Limited (DIL), Aliko Dangote, has called on the House of Representatives to investigate the quality of diesel and petrol at filling stations. Dangote made the call...

The funds in dormant accounts, assets and unclaimed balances in banks and other financial institutions in the country will henceforth be transferred to an account managed by the Central Bank...

The Manufacturers Association of Nigeria (MAN), Nigerian Association of Chambers of Commerce Industry Mines and Agriculture (NACCIMA), and Nigeria Employers’ Consultative Association (NECA) have faulted rushed government policy shifts and...

The Naira on Thursday, 11 July 2024 appreciated to N1,550 per dollar in the parallel market from N1,560 per dollar on Wednesday. It also performed better at N1,554.55 per dollar...

According to news reports, current exchange rates and customs import duty on cargo clearance continue to account for the continued drop in vehicle importation into the country by 60 per...

According to a National Bureau of Statistics (NBS) data set the capital importation into the sector has decreased by 25.07 per cent, year-on-year (y/y), in Q1’24 compared to N256.12 billion...

The United Nations recognizes 180 currencies worldwide as legal tender however, the popularity and use of such currencies should not be mistaken for economic value or strength often defined by...

Nigerian National Petroleum Company Limited (NNPCL) is optimizing efforts to ensure the penetration of Compressed Natural Gas (CNG) for powering vehicles nationwide - launching additional stations in Abuja and Lagos...

The Naira on Thursday, 04 July depreciated in the parallel market to N1,535 per dollar from N1,520 per dollar on Wednesday. Similarly, the Naira depreciated to N1,520.24 per dollar in...