Dangote refinery has purchased 5 million barrels of US crude scheduled for delivery next month and in September, Bloomberg is reporting. According to the report on...
The Central Bank of Nigeria (CBN) decided to settle $7.5 billion forex backlog owed, to build investor confidence in the domestic economy and build lasting credibility...
The Dangote Refinery has announced plans to acquire an additional 11 million barrels of crude oil from the United States, in a move that underscores Nigeria’s...
Olayemi Cardoso, the Governor of the Central Bank of Nigeria, has said that the Monetary Policy Committee’s hikes in interest rates were timely in stabilising the...
Managing Director of Guinness Nigeria Plc, Adebayo Alli, has said the company is not planing to leave the country. Alli noted the Guinness is improving despite...
The naira has experienced a notable depreciation on the Nigerian Autonomous Foreign Exchange Market (NAFEM) window, falling to N1,561.98/$1 on Wednesday, July 10, 2024. According to...
A bill proposing the use of gold by the Central Bank of Nigeria (CBN) to curb inflation and stabilise the naira has passed second reading in...
The Nigerian Railway Corporation (NRC) says it will soon resume transportation of livestock from north to south. The service was suspended in 2017 due to technical...
President Bola Tinubu will on Thursday, July 11, meet organised labour comprising the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) of Nigeria as...
The Nigerian National Petroleum Company Limited is in talks for another oil-backed loan to boost its finances and allow investment in its business, the Group Chief...
