The Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, says it has never issued a directive stopping gas supply to power generating companies, GenCos. The NMDPRA,...
Nigerian economists are optimistic that the Naira’s appreciation against the dollar, if sustained, may lead to a drastic reduction in the prices of imported goods, by...
The International Air Transport Association, IATA, said that Nigeria has maintained a clean slate by clearing all airlines’ trapped funds. This comes as the IATA noted...
Abia State Governor, Alex Otti has presented the 2025 Appropriation Bill of N750, 282, 200,000.00 to the Abia State House of Assembly for consideration and passage....
The House of Representatives has expressed concern over the ongoing cash scarcity in commercial banks across the country. This is as the green chamber of the...
Nigeria’s petroleum products import from Malta increased to N766.81 billion in the third quarter of 2024 despite the coming on board of Dangote Refinery. This is...
The Naira is back to appreciation against the dollar at the official foreign exchange market 24 hours after it depreciated. The Central Bank of Nigeria exchange...
The Central Bank of Nigeria has described as fake a circular that it authorised the sales of foreign exchange to Bureau De Change operators in the...
Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso, has told chief executive officers of Nigerian banks to seek bold solutions in addressing the challenges facing...
The naira depreciated against the dollar at both official and parallel foreign exchange markets, the second since this week commenced. According to the Central Bank of...
