Business

The Naira yesterday appreciated to N1,655 per dollar in the parallel market from N1,665 per dollar last weekend. But, the Naira depreciated to N1,550 per dollar in the official foreign...

NNPC Limited has reduced the pump price of petrol at its retail outlets in Abuja to N965 per litre, down from N1,030 per litre. Reports indicate that NNPC retail outlets...

Dangote Petroleum Refinery has announced a reduction in the ex-depot price of its premium motor spirit (PMS), commonly known as petrol, to ₦899.50 per litre. Dangote Group's chief branding and...

Nigeria’s stock market maintainted its rebound streak last week, ahead of potential January effects in apparent higher inflow of funds from both domestic and foreign investors strengthening the market following...

With the Central Bank of Nigeria's (CBN) Monetary Policy Rate (MPR) increases, there has been a significant increase in Mutual Fund investments kicking total Net Asset Value, NAV, Year-on-Year, YoY,...

The Association of Telecommunications Companies of Nigeria (ATCON) has raised an alarm over ongoing challenges that threaten the sustainability of the telecom industry. Acknowledging that multiple taxations, Right-of-Way (RoW) issues...

Shell CEO Wael Sawan said on Thursday that Shell is starting arbitration hearings over the supply of liquefied natural gas from Venture Global's Calcasieu Pass facility. Shell and other companies...

The Nigerian National Petroleum Company Limited (NNPCL) has concluded plans to commence the lifting of petroleum products from Port Harcourt Refinery. The lifting, which will commence today, Tuesday, November 26,...

The managing director of the Nigeria Deposit Insurance Corporation, Bello Hassan has said that customers of the failed Heritage Bank need not be distressed over accessing their funds in the...

Today's Naira depreciated to N1,750 per dollar in the parallel market from N1,745 on Thursday. But the Naira appreciated to N1,652.62 per dollar in the Nigerian Autonomous Foreign Exchange Market,...