Business

The landing cost of Premium Motor Spirit (PMS) has dropped from the N981/litre recorded on 25 September to N945.63/litre as of 27 September according to data released by the Major...

The Federal Government of Nigeria has announced plans to reduce transportation fares by over 40 per cent through the adoption of Compressed Natural Gas for commercial vehicles. This initiative was...

The Nigerian National Petroleum Corporation (NNPCL) which is the sole off-taker “for now” of Premium Motor Spirit (PMS) from the Dangote refinery has continued to maintain that it bought petrol...

The Naira depreciated to N1,658.48 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). The Financial Market Infrastructure Group warehousing (FMDQ) data indicated that the exchange rate for NAFEM...

MTN Foundation says the institution has granted scholarships across categories to 13,717 Nigerians in the past 13 years. The foundation’s director, Mrs. Aishatu Sadauki, announced that the beneficiaries cut across...

Alhaji Aliko Dangote, says the visit of operatives of the Economic and Financial Crimes Commission (EFCC) to the Lagos Head Office of the Dangote Group in January 2024 was intended...

Alhaji Aliko Dangote, chairman and president of the Dangote Group, owners of the new 650,000 barrels per day crude oil refinery in Lagos, yesterday argued that the decision by the...

The National Bureau of Statistics (NBS) has said that the average retail price of Automotive Gas Oil, AGO, otherwise known as Diesel, increased Year-on-Year, YoY, by 64.58 per cent to...

Oil prices rose slightly on Monday after last week's cut to U.S. interest rates and a dip in U.S. crude supply in the aftermath of Hurricane Francine countered weaker demand...

The Central Bank of Nigeria has reconstituted the board of directors of Keystone Bank. The move was announced on Wednesday, as part of the apex bank’s strategy to ensure sustained...