CBN, BANK OF ANGOLA SIGN AGREEMENT TO BOOST CROSS-BORDER FINANCIAL RELATIONS
The Central Bank of Nigeria and the Bank of Angola have formalized a Memorandum of Understanding aimed at enhancing bilateral collaboration, facilitating knowledge exchange, and...
PETROL NEARS N1,000 PER LITRE AS MARKETERS MOVE TO IMPORT FUEL AMID DANGOTE REFINERY SUPPLY GLITCH
By Aishat Momoh. O. Petrol prices in Nigeria have surged close to the ₦1,000 per litre mark amid worsening supply constraints and production hiccups at...
CBN SAYS ALTERNATIVE PAYMENT CHANNELS LIFTING RURAL, UNDERSERVERED NIGERIANS
The Central Bank of Nigeria (CBN) has characterized alternative payment systems as an essential support mechanism for rural populations and marginalized communities throughout the nation....
DOLLAR TO NAIRA EXCHANGE RATE, OCTOBER 8, 2025
The naira experienced a decline in value on Wednesday as the official market and parallel rates diverged. The volume-weighted rate in the Nigerian Foreign Exchange Market (NFEM)/Central Bank of Nigeria (CBN) was approximately ₦1,465...
NNPC BOSS BLAMES COOKING GAS PRICE HIKE ON STRIKE-INDUCED SUPPLY DISRUPTION
By Aishat Momoh. O. The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Bayo Ojulari, has attributed the recent...
CARDOSO ASSURES YOUTHS CBN WILL SUSTAIN ECONOMIC STABILITY, TRANSPARENCY
By Sunmisola Shodayo The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured the youth of Nigeria that the central bank will...
OSHIOMHOLE FAULTS PENGASSAN FOR SHUTTING OIL SECTOR OVER DISPUTE WITH DANGOTE REFINERY
By Sunmisola Shodayo Former President of the Nigerian Labour Congress and legislator representing Edo North, Senator Adams Oshiomhole, has criticized the Petroleum and Natural Gas...
NO AGREEMENT SIGNED WITH DANGOTE REFINERY, STRIKE MAY RESUME – PENGASSAN
By Sunmisola Shodayo The Senior Staff Association for Petroleum and Natural Gas of Nigeria has clarified that it did not endorse the communiqué that concluded...
ELON MUSK HALFWAY TO BECOMING WORLD’S FIRST TRILLIONAIRE: REPORT
Billionaire Elon Musk, the wealthiest individual globally, is approaching the halfway mark in becoming the first trillionaire on the planet, as reported by Forbes magazine...
PENGASSAN SUSPENDS STRIKE
6 The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has temporarily halted its industrial action following the intervention of the Federal Government...