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Dangote, NNPC Set to Crash Prices Further as Warri Refinery Begins Operation

The Warri Refining and Petrochemicals Company has begun operations, setting the stage…

Tinubu Seeks Increase In $2 Billion Currency Swap With China

President Bola Ahmed Tinubu met with China's Foreign Minister, Wang Yi, to…

NBS Reports 87.1% Increase In Petrol Price In November 2024

The National Bureau of Statistics (NBS) reports that the average retail price…

CBN Approves Release Of Nigerian Foreign Exchange Code

The Central Bank of Nigeria (CBN) has approved the release of the…

CBN Approves CFA Franc Listing on Nigeria Export Proceeds Forms

CBN has approved the inclusion of the CFA Franc on Nigeria Export…

Naira Gains Despite 32% Drop in FX Market Turnover

Nigeria's foreign exchange market turnover declined by 32.28% in December 2024, falling…

Dangote Counters NMDPRA, Says Refinery Meets 100% of Nigeria’s Petrol Requirements

Aliko Dangote, President and Chairman of Dangote Group, has countered NMDPRA claim…

Dangote Refinery to Refund N65/Litre to Buyers

The Dangote Petroleum Refinery has announced a refund for customers who purchased…

NNPCL Refutes Ending Naira-for-Crude Deal with Dangote Refinery

NNPCL has denied reports that it terminated its naira-for-crude sale deal with…

FG Owes Power Generation Companies N4.7tn, Threatening Nationwide Blackout

FG owes power generation companies (Gencos) N4.7 trillion, posing a significant threat…