The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), commonly known as petrol, for the second time in...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to retain the country’s benchmark interest rate at 26.5 per cent. Speaking...
Nigeria’s headline inflation rate dropped marginally to 15.91 per cent in June 2026, down from 15.93 per cent recorded in May, according to the latest Consumer...
The naira weakened in the parallel market on Monday, depreciating to N1,420 per US dollar from N1,406 per dollar recorded over the weekend. However, the local...
Tony Elumelu will step down as Group Chairman of United Bank for Africa (UBA) Plc on August 21, 2026, after reaching the Central Bank of Nigeria’s...
The naira appreciated to N1,395 per dollar in the parallel market on Friday, improving from N1,403 per dollar recorded on Thursday. The local currency also posted...
The Central Bank of Nigeria (CBN) has withdrawn the operating licences of 46 microfinance banks across the country over their failure to comply with regulatory requirements....
The naira weakened against the United States dollar on Monday, dropping to ₦1,395 per dollar in the parallel market from ₦1,386 recorded last Friday. The local...
Dangote Refinery has again reduced its gantry price of Premium Motor Spirit (petrol) nationwide, slashing the rate from N1,175 per litre to N1,125 per litre. The...
Thousands of users across the world reported issues accessing facebook.com, instagram.com and whatsapp.com on Tuesday evening amid an apparent service disruption affecting Meta-owned platforms. According to...