Business news today
CBN has denied introducing new N5,000 and N10,000 notes, labeling the reports as false. The reports had claimed that the CBN was set...
The naira has continued to appreciate against the dollar at the official foreign exchange market. According to the Central Bank of Nigeria’s data,...
Nigeria’s Net Foreign Exchange Reserve (NFER) has increased to $23.11 billion, the highest level in over three years. Nigeria’s Net Foreign Exchange Reserve...
President Bola Tinubu has removed Mele Kyari as the Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited. President...
The Minister of State for Petroleum Resources, Heineken Lokpobiri, has threatened to revoke licenses of dormant oil blocks. Lokpobiri stated that the government...
The Nigerian National Petroleum Company Limited (NNPCL) is preparing to list its shares on the capital market. The company is engaging with prospective...
The price of Premium Motor Spirit (petrol) may rise further due to the increase in the landing cost of imported PMS. Also the...
PETROAN has commended the Nigerian government and the NNPCL for successfully running the revamped Port Harcourt Refinery for 180 consecutive days. The refinery,...