FOREIGN EXCHANGE: EXTERNAL RESERVES HIT 22-MONTH HIGH TO $37.31 BILLION – CBN
Nigeria's external reserves have reached a 22-month high of $37.31 billion, indicating considerable foreign inflows into the country's economy. According to data from the Central...
CBN CLARIFIES CONTROVERSY REGARDING EXCHANGE POLICY GUIDELINES FOR FISCAL YEARS 2024-2025 DOCUMENT
The Central Bank of Nigeria has clarified the Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines For Fiscal Years 2024-2025 document, which was issued on...
JUST IN: CBN INSISTS ON 5% WAYS AND MEANS CAP
For the 2024–2025 fiscal years, the Central Bank of Nigeria (CBN) has decided to keep the cap on Ways and Means Advances to the Federal...
WITHOUT ECONOMIC LIBERATION, AFRICA WOULD NOT PROGRESS – OBASANJO
Olusegun Obasanjo, the former president of Nigeria, urged African nations to combine their resources in order to forge closer economic links across the continent on...
DANGOTE DEBUNKS RUMOUR ON SALE OF PMS AT N898 TO NNPCL
The Dangote Refinery located in Lagos has denied selling petrol to the Nigerian National Petroleum Company Limited (NNPCL) at N898 per litre. A spokesman...
VIDEOS: FIRST SET OF NNPC TRUCKS BEGIN PETROL LOADING AT DANGOTE REFINERY
The first set of trucks belonging to the Nigerian National Petroleum Corporation Limited (NNPCL), began lifting of Premium Motor Spirit (PMS), also known as petrol...
DANGOTE REFINERY: LAGOS GOVT BEGINS E-CALL UP ON LEKKI-EPE AXIS SEPT. 23
The Lagos State Government has announced plan to commence an e-call up system for managing truck movements within the Lekki-Epe Free Trade Zone corridor starting...
FG, DANGOTE REACH AGREEMENT ON PETROL SUPPLY, LIFTING COMMENCES SUNDAY
The loading of Premium Motor Spirit (petrol) from Dangote Refinery for local consumption will commence on Sunday, September 15. This was announced by the Presidential...
JUST IN: CBN ORDERS PAYMENT SERVICE PROVIDERS TO TRACK PoS TRANSACTIONS
The Central Bank of Nigeria has ordered all Payment Service Providers to route all transactions from PoS terminals at merchant and agent locations — physical...
‘SAFETY ON OUR WATERS IS CRITICAL FOR ECONOMIC GROWTH’ — OYETOLA
According to Mr. Adegboyega Oyetola, Minister of Marine and Blue Economy, maintaining safety on the country's territory and coastal waterways is not just required by...