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Dangote, IPMAN sign 60m litres weekly fuel deal
The Dangote Refinery has entered a significant agreement with the Independent Petroleum Marketers Association of Nigeria (IPMAN) for the weekly...
CBN to refund $22m as World Bank detects $32m unaccounted funds
The World Bank has uncovered $32 million in unaccounted funds in Nigeria’s water project. This was disclosed in the banks’...
FEC approved fresh borrowing plan for Nigeria
The Minister of Finance, Wale Edun, has disclosed that the Federal Executive Council approved a fresh $2.2 billion borrowing plan...
Naira resumes depreciation against dollar
The naira returned to depreciation against the dollar at the foreign exchange market barely 24 hours after respite. Obtained data...
Stock market rebounds with N96bn gain
Investors in the Nigerian Exchange Limited gained N96bn at the close of trading on Wednesday, thus reversing the N68bn loss...
FG’s International Debt Servicing Gulps $3.5bn In Nine Months
Information says Federal Government spent $3.58 billion servicing the country’s foreign debt in the first nine months of 2024. Data...
Inflation in October expected, CBN
Majority of Nigerians believed that the country’s inflation would rise further in October 2024. This is according to the Inflation...
Naira may depreciate to N1,993 against dollar
Nigeria’s naira has been projected to depreciate further to N1,993 per dollar in the coming days according to BMI, a...
NNPCL ends N24tn fuel import to buys from Dangote refinery
The Nigerian National Petroleum Company Limited (NNPCL) said it has stopped importing refined petroleum products and is now off-taking fuel...
NDIC plans auction of Heritage Bank
The Nigeria Deposit Insurance Corporation (NDIC) has begun a nationwide auction of properties and assets previously owned by the defunct...
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