The Nigerian National Petroleum Company Limited and fuel marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria, on Tuesday, clashed again over the removal of subsidy on petrol. ... Read more »
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1215 and sell at N1220 on Tuesday 2nd January 2024, according to sources... Read more »
The increasingly high cost of production, transportation and other factors have caused the price of one kilogramme of local rice to jump by 73.2 per cent in one year. This happened despite... Read more »
The Independent Petroleum Marketers Association of Nigeria has said that its members cannot afford to purchase 45,000 litres of petrol due to the removal of fuel subsidy by President Bola Tinubu. A... Read more »
Regulations Agency NCC have resolved the tariff imbroglio between MTN and Globacom This was a statement issued by the NCC on the matter Re: PRE-DISCONNECTION NOTICE 1. On January 8, 2024 the... Read more »
There is a growing concern among workers as the Central Bank of Nigeria, CBN, commenced the decongestion of its head office in Abuja, affecting 1,533 staff. A circular dated January 12, 2024,... Read more »
Shell Plc has reached an agreement to sell its Nigerian onshore oil assets to a local consortium for over $1.3 billion, pending government approval. Shell’s Integrated Gas and Upstream Director, Zoe Yujnovich,... Read more »
Telecommunications Group, Vodafone, has signed a deal with Microsoft involving a $1.5 billion investment in AI and cloud services to boost adoption in Africa. In the deal announced on Tuesday, Vodafone will... Read more »
The naira yesterday fell to N1,350 per dollar in the parallel market from N1,295 per dollar on Tuesday.However, the naira depreciated to N931.23 per dollar in the Nigerian Foreign Exchange Market (NAFEM).... Read more »
The Central Bank of Nigeria (CBN) has announced its intention to prosecute forex defaulters nationwide following an independent forensic review conducted by a reputable firm to investigate forex exchange issues in the... Read more »