The Nigerian National Petroleum Company Gas Marketing Limited, a subsidiary of NNPCL, has executed a Gas…
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Value of unsold goods rises 357.6% to N1.24trn — MAN
The declining purchasing power of consumers has led to a 357.57 per cent rise in the…
Continue ReadingPetrol: Banks creating N3.5trn loan for imports
Banks are set to increase funding of petrol importation to N3.5 trillion as more marketers move…
Continue ReadingMarketers sue Dangote, insist on petrol import
Three oil marketers, AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited, have…
Continue ReadingPetrol Price: Marketers set to import cheaper products
The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, on Monday insisted that the price…
Continue ReadingPressure mounts on naira, falls to N1,740 in parallel market
There are indications that the local currency is set to fully reverse its gains as the…
Continue ReadingFG to raise VAT on luxury goods to 15%
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has confirmed that the…
Continue ReadingNaira appreciates to N1,680/$ in parallel market
The Naira yesterday appreciated to N1,680 per dollar in the parallel market compared to N1,690 per…
Continue ReadingCBN sells dollars to BDCs at N1,590/$
The Central Bank of Nigeria (CBN) has approved another sale of foreign exchange (FX) to eligible bureau…
Continue ReadingInvestors lose N847bn as profit-taking rattles stock market
Investors lost N847 billion in the stock market last week due to the negative impact of…
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