The naira weakened slightly against the dollar on Monday, December 1, 2025, as increased year-end demand pushed parallel-market rates higher, even though the official Nigerian Foreign...
The Nigerian National Petroleum Company Limited, NNPCL, has reduced the pump price of premium motor spirit after Dangote Refinery and depot owners slashed their ex-depot rates....
The naira yesterday weakened in the parallel market, dropping to N1,474 per dollar from N1,465 recorded on Monday. However, at the Nigerian Foreign Exchange Market (NFEM),...
The monetary policy committee of the Central Bank of Nigeria has again maintained the monetary policy rate at 27 percent. CBN governor Olayemi Cardoso made the...
The naira gained strength yesterday, rising to N1,465 per dollar in the parallel market, compared to N1,474 per dollar recorded last weekend. The currency also appreciated...
The Nigeria National Petroleum Company Limited (NNPC Limited) has reported a Profit After Tax of ₦5.4 trillion for the 2024 financial year, earned from total revenue...
The naira continued to struggle in the foreign exchange market last week, closing lower at both the official and parallel markets. At the Nigerian Foreign Exchange...
Dangote Sugar Refinery Plc has announced the resignation of its Group Managing Director and Chief Executive Officer, Ravindra Singhvi, effective November 30. The disclosure was made...
Several major websites around the world, including the social media platform X, faced disruptions on Tuesday due to problems linked to internet infrastructure company Cloudflare. Cloudflare...
Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, has revealed that the country’s foreign reserves have risen to over $46 billion. He made the announcement on...