Business

Dangote Petroleum Refinery has announced a further reduction in the pump price of Automotive Gas Oli (AGO) otherwise known as diesel from N1200 to N1,000 per litre. The company said...

The Central Bank of Nigeria (CBN) maintained Cash Reserve Ratio (CRR) at 32.5 per cent in 2023, Zenith Bank Plc and nine other banks’ restricted deposits increased to N17.1 trillion,...

The naira hit the brakes on some of its gains yesterday and the past few weeks selling at N1,050/$1 to the dollar at the parallel market, as the external reserves...

Israel and Iran's conflict may be credited to bolstering the dollar index as it steadied in London trade after surging to 5-½ month highs. The demand for a haven after...

In news reports, the Naira has continued its strong showing in the black market performing at less than NGN1,000 to a dollar in some market segments. Strengthening against major currencies...

The value of the naira appreciated at the parallel market on Thursday, 11 April as the three-day public holiday was rounding up, selling around N1,150 to the dollar compared to...

The Chairman of BUA Group of Companies, Alhaji Rabiu Abdulsamad, has expressed confidence that prices of goods in the country would soon start to come down under the present government’s...

reports that there are fresh concerns over the fate of the cotton industry in the country, which has remained comatose over the years. The cotton industry in Northern Nigeria was...

The naira continued its rally with a 4.7 per cent gain to close the weekend at N1,251.05 per dollar. In the forwards market, the naira appreciated across all tenors. The...

The Nigerian National Petroleum Company Limited (NNPCL) is on a course to end petrol scarcity in Lagos and its environs as Dangote Refinery and oil marketers have intensified efforts at...