The Nigerian National Petroleum Company (NNPC) Limited has reduced the pump price of petrol by N76 per litre in Abuja and surrounding areas. A market survey...
The naira depreciated to ₦1,410 per dollar in the parallel market on Thursday, down from ₦1,405 per dollar recorded on Wednesday. The local currency also weakened...
The naira traded relatively stable against the United States dollar on Thursday, June 18, 2026, amid continued monitoring of foreign exchange liquidity and demand conditions across...
The Federal Government has dismissed reports suggesting it is planning to impose new taxes on fuel and telecommunications services, clarifying that no such measures are under...
The Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS), popularly known as petrol, by ₦75 per litre, offering fresh hope of...
Nigeria’s headline inflation rate rose to 15.93 per cent in May 2026, according to the latest Consumer Price Index (CPI) report released by the National Bureau...
The IMF has raised concerns over Nigeria’s proposed $5 billion borrowing deal with First Abu Dhabi Bank, warning that the structure may be opaque and difficult...
The International Monetary Fund has warned that Nigeria faces rising fiscal pressure, projecting that the country’s external debt will increase by about $20.7 billion before the...
Seplat Energy has announced a major leadership shake-up that will see billionaire investor, Tony Elumelu, assume the position of Chairman of the company effective January 2027,...
Dangote Industries Limited has once again been recognised as Africa’s most admired African brand, extending its dominance in the prestigious ranking for an eighth consecutive year....