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 »

Zenith Bank Plc has informed its customers of an early closure of its branches nationwide on Friday, September 27, and Monday, September 30, 2024. According to a notice issued by the bank,... Read more »