The minimum pump price of petrol has not responded to the latest Dangote Petroleum Refinery ex-pot…
Continue ReadingCategory: News
EXCLUSIVE: Why CBN set N100,000 daily withdrawal limit on PoS terminals
The Central Bank of Nigeria, CBN, has explained the introduction of a N100,000 daily withdrawal limit…
Continue ReadingLanding cost of petrol drops to N970 per litre — Marketers
In a sign of stability in the downstream sector, the Major Energy Marketers Association of Nigeria,…
Continue ReadingFG plans N13tn loan as Tinubu presents N49.7tn 2025 budget
President Bola Tinubu’s government is planning to spend N8.97tn of its projected N49.70tn budget on defence…
Continue ReadingFood inflation hits 40% despite FG $3.3bn agric loan
Despite securing multilateral loans amounting to $3.334bn (N5.178tn) and attracting over $4.3bn investments to boost food…
Continue ReadingFG’s electricity subsidies rise 2.76% to N199.64bn in Dec — NERC
The Nigerian Electricity Regulatory Commission, NERC, has disclosed that electricity subsidies payable by the Federal Government for…
Continue ReadingCBN slams N1.2m daily limit on PoS agents
The Central Bank of Nigeria (CBN) has restricted Point of Sales (PoS) agents to a daily…
Continue ReadingNNPCL supported Dangote refinery establishment with $1bn loan – Official
The Nigerian National Petroleum Company Limited has said it secured a $1bn loan backed by crude…
Continue ReadingNaira appreciates to N1,660/$ in parallel market
The naira had a turbulent trading week as the exchange rate to the dollar experienced sharp…
Continue Reading