Business

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the Dangote Petroleum Refinery's decision to sell petrol at N990/litre is an inconsiderate move, especially as the company enjoyed...

The Nigerian Ports Authority said that seven ships would berth with crude oil on Friday at the Lagos ports. The NPA, in its “Daily Shipping Position’, said that seven vessels,...

The Central Bank of Nigeria (CBN) has said that the broad money supply (M²)  increased by 64.6 per cent year-on-year, YoY, to N108.95 trillion in September 2024, from N66.17 trillion...

Central Bank of Nigeria(CBN) governor, Olayemi Cardoso has said that the apex bank from 2025 will regularly share information on the nation's Net external reserves. The governor said this at...

The Federal Competition and Consumer Protection Commission (FCCPC) has said the recent service disruptions experienced in banks which has prevented customers from accessing their funds is a violation of customers rights....

Oil marketers have raised alarm over the continued losses and the threat of about 10,000 dealers shutting down as a huge number of consumers shun fuel consumption across the country...

The Naira yesterday depreciated to N1,739 per dollar in the parallel market from N1,735 per dollar on Wednesday, 24 October 2024. However, the Naira appreciated to N1,601.2 per dollar in...

ExxonMobil has disclosed that the sale of Mobil Producing Nigeria Unlimited shares for $1.28 billion to Seplat Energy Plc. is nearing its conclusion. Seplat is a Nigerian energy company listed...

Following the National Assembly's reintroduction of 5 per cent excise duty on the telecommunications sector, previously exempted by former President Muhammadu Buhari, industry players have vehemently pushed back the federal...

The Nigerian National Petroleum Corporation (NNPC) Limited – Chevron Nigeria Limited (CNL) Joint Venture (NNPC-CNL JV) on Friday, 18 October disclosed that a major oil discovery was made at the...