BUSINESS: PETROL LANDING COST JUMPS BY N88/LITRE IN ONE WEEK
A litre of imported fuel now costs ₦88 more to land than it did a week ago, according to data released by the Major Energies...
INFRASTRUCTURE: FG BEGINS CONSTRUCTION OF SECOND NIGER BRIDGE PHASE 2B ACCESS ROAD
The Federal Government has commenced the construction of Phase 2B of the access road to the Second Niger Bridge, marking a significant step in enhancing...
NIGERIA, CANADA ENHANCE AVIATION PARTNERSHIP WITH CODE-SHARING AGREEMENT
The Federal Government of Nigeria and the Canadian government have signed a code-sharing agreement aimed at enhancing efficiency in the aviation sector. Gbenga Saka, Special...
UPDATE: OIL PRICES JUMP ON CONCERN OVER GLOBAL ECONOMIC SLOWDOWN
Monday saw a modest increase in oil prices due to worries about a global economic slowdown brought on by growing trade tensions between the US...
ECONOMY: NAIRA DEPRECIATES TO N1,570 PER DOLLAR IN PARALLEL MARKET
The Naira yesterday depreciated to N1,570 per dollar in the parallel market from N1,545 per dollar last weekend. But the Naira appreciated to N1,528 per...
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...