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Dangote Refinery Drops Petrol Price Again, Sells at N835/Litre
The Dangote Refinery has reduced its ex-depot price for petrol to N835 per litre, its third downward review in six weeks. The latest...
Olaitan Sodiq
FAAC Disburses N1.578trn March Revenue to Federal, State, LGs
The Federation Account Allocation Committee (FAAC) has disbursed N1.578 trillion to federal, state, and local governments for March 2025. This allocation marks the...
Olaitan Sodiq
CBEX Crash: Expert Warns Investors of Low Chances of Recovering Lost Funds
The digital asset platform CBEX has reportedly crashed, wiping out over ₦1.3 trillion from thousands of Nigerian investors. A crypto security expert has...
Olaitan Sodiq
World Bank Clarifies $10.50m Funding to CBN as Grant, Not Loan
The World Bank has clarified that the $10.50 million funding for the Central Bank of Nigeria (CBN) is a grant, not a loan,...
Olaitan Sodiq
Nigeria Spends N11.8bn on Apple Imports as Fruit Prices Soar
Nigeria imported N11.8 billion worth of apples in the last quarter of 2024. The fruit prices continuing to rise, making them unaffordable for...
Olaitan Sodiq
CBN Injects $197.71 Million into FX Market to Boost Liquidity
CBN has injected $197.71 million into the foreign exchange market to ensure liquidity and stability. The move aims to support a stable, transparent,...
Olaitan Sodiq
Nigeria’s Public Debt Soars to N144.67 Trillion in 2024
Nigeria’s total public debt hits N144.67 trillion ($94.23 billion) as of December 31, 2024. The debt increase is attributed to significant rises in...
Olaitan Sodiq
IMF Endorses Nigeria’s Single Window Trade Project
IMF has expressed support for Nigeria’s Single Window Trade Project, aimed at streamlining trade processes and increasing government revenue. The project, which has...
Olaitan Sodiq
