Nigerian Breweries Plc has recorded a net loss of N106 billion for the year ended 2023, as against N13.93 billion posted in its 2022 financials, indicating 860 per cent loss. Company Secretary,... Read more »
The Central Bank of Nigeria (CBN) says it has stopped the payment of personal and business travel allowances (PTA/BTA) by banks in the country. This is part of the apex bank measure... Read more »
The Naira experienced a significant depreciation, reaching its lowest point in recent times, with an exchange rate of N1,043.09 to the dollar in the official foreign exchange market on Thursday. This is... Read more »
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 »
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 »
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 »