UPDATE: OIL PRICE DROPS 20% TO $67 PER BARREL
The price of Bonny Light, Nigeria’s premium crude dropped further by 20 per cent to $67 per barrel from $84.02 per barrel on January 2025,...
JUST-IN: NAIRA RISES TO N1,490/$ IN PARALLEL MARKET
The Naira yesterday appreciated to N1,490 per dollar in the parallel market from N1,502 per dollar on Tuesday. Similarly, the Naira appreciated to N1,499.8 per...
DANGOTE REFINERY ANNOUNCES REDUCTION OF PETROL PRICE TO N860 PER LITRE IN LAGOS
The management of Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, from N890...
SENATE COMMENCES TWO-DAY PUBLIC HEARING ON PROPOSED TAX REFORM BILLS
Key players from the country's financial and economic sectors are present at the Senate's two-day public hearing on proposed tax reform legislation. The Federal Inland...
COLLABORATION: TAIWAN SEEKS DEEPER ECONOMIC TIES WITH NIGERIA
Taiwan’s Head of Mission in Nigeria and Chief of Taiwan’s Mission at the Taipei Trade Office, Andy Liu, has called on President Bola Tinubu to...
SERAP SLAMS CBN, SEEKS REVERSAL OF ATM TRANSACTION FEES HIKE WITHIN 48-HOUR
The Socio-Economic Rights and Accountability Project has given the Central Bank of Nigeria a 48-hour ultimatum to reverse the newly announced hike in Automated Teller...
FG TO SET UP ‘POWER RANGERS’ TO STOP VANDALISM OF ELECTRICITY ASSETS – TUNJI-OJO
Nigeria has made the decision to assemble a specialised security force to guard its infrastructure and power plants. “We have decided now with the Minister...
LAGOS GOVT SIGNS MoU WITH SUMMA GROUP TO CONSTRUCT LEKKI-EPE INT’L AIRPORT
The Lagos State Government has signed a Memorandum of Understanding (MoU) with construction company, Summa Group, for the development of an international airport in the...
JUST IN: TINUBU INCREASES 2025 BUDGET FROM N49.7TRN TO N54.2TRN
President Bola Tinubu has raised the proposed 2025 budget from ₦49.7 trillion to ₦54.2 trillion, attributing the increase to additional revenues generated by key government...
BREAKING: EXCHANGE RATE APPRECIATES TO N1,610/$1 IN PARALLEL MARKET
The Nigerian naira strengthened against the U.S. dollar on the parallel market on Friday, closing at N1,610/$1, representing a N20 advance in a single day....