In a show of strong support for Guaranty Trust Holding Company (GTCO), the Central Bank of Nigeria (CBN) has set the record straight by debunking allegations being peddled against GTCO and its... Read more »

Nigeria attracted $5.97 billion investments in the first half of 2024, according to a capital importation report by the National Bureau of Statistics (NBS) on Tuesday.The report indicated that total capital importation... Read more »

Nigerians will soon face increased petrol prices due to the Nigerian National Petroleum Company Limited (NNPC Ltd) decision to terminate its exclusive purchase agreement with Dangote Refinery According to a Premium Motor... Read more »

Chairman of Dangote Refinery and Petrochemicals Company Limited, Aliko Dangote, has said that Nigeria’s in-country petroleum products refining would help save the continent a whopping $17 billion spent to import products from... Read more »

Huawei, the global technology leader, will be introducing its latest innovation, the HUAWEI Mate XT, in Nigeria. This cutting-edge, tri-fold smartphone has been garnering attention worldwide for its revolutionary design and advanced... Read more »

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that it is still in negotiations with the Dangote Refinery regarding the commencement of oil lifting operations. Currently, IPMAN has not begun... Read more »

The naira appreciated significantly against the dollar at the foreign exchange market as FX supply increased on Tuesday. FMDQ data showed that the naira gained to N1561.76 against the dollar on Tuesday... Read more »

EUC Homes Ltd, a leading real estate company is mostly delighted to inform her partners across the world and South Africa in particular that it will bringing a town hall meeting to... Read more »

Petrol price is likely to rise again following the decision by the Nigerian National Petroleum Company Limited (NNPCL) to end its exclusive offtake agreement with the Dangote Refinery, allowing other marketers to... Read more »

Having lifted about 103 million litres of petrol from Dangote Refinery between September 15 and 30, the Nigerian National Petroleum Company Limited (NNPC) is now set to implement a new pricing regime... Read more »

Zenith Bank, one of Nigeria’s leading financial institutions, has restored improved services across its electronic transaction channels, ensuring customers have seamless access to banking services. In a statement released on Thursday via... Read more »

Petroleum marketers have raised an alarm that the Nigerian National Petroleum Company Limited, NNPCL, portal used for the purchase of Premium Motor Spirit (Petrol) has been shut down against dealers, making it... Read more »

Data from the Central Bank of Nigeria (CBN) has shown that the currency in circulation has reached an all-time high of N4.1trillion as of August 2024. The report also revealed that currency... Read more »

The Technical Sub-Committee on Domestic Sales of Crude Oil in Local Currency has confirmed that the supply of crude in naira by the Nigerian National Petroleum Company Limited to the Dangote Petroleum... Read more »

Join us at the Expanded National MSME Clinics this week to celebrate innovation, creativity, and commerce among Enugu’s businesses. Showcase your efforts to key stakeholders, including federal agencies, and receive support to... Read more »

Nigeria’s import bills on used vehicles, popularly known as tokumbo, fell by 83 percent year-on-year, YoY, to N138.62 billion in the first half of the year (H1’24) from N819.15 billion in H1’23.... Read more »

Dangote Group has said that it plans to transport refined petroleum products by sea. This announcement was made in a statement on Sunday by the Senior Adviser to the Group President on... Read more »

The Nigerian National Petroleum Company Limited (NNPCL), on Saturday, declared that production of 3 million barrels of crude oil per day was achievable from the 1.7 million currently produced. Making the declaration... Read more »

The naira depreciated to N1,700 per dollar at the parallel section of the foreign exchange (FX) market on Friday. At the end of trading hours, the naira depreciated by 1.49 percent compared... Read more »