NNPCL executes gas sale agreement with Dangote refinery

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…

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Petrol: Banks creating N3.5trn loan for imports

Banks are set to increase funding of petrol importation to N3.5 trillion as more marketers move…

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Marketers sue Dangote, insist on petrol import

Three oil marketers, AYM Shafa Limited, A. A. Rano Limited, and Matrix Petroleum Services Limited, have…

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Petrol Price: Marketers set to import cheaper products

The Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, on Monday insisted that the price…

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Pressure 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…

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FG 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…

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Naira closes strong at N1,050/$ at parallel market

Naira 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…

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CBN sells dollars to BDCs at N1,590/$

The Central Bank of Nigeria (CBN) has approved another sale of foreign exchange (FX) to eligible bureau…

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Investors 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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