At the weekend, the National Bureau of Statistics (NBS) said the country's headline inflation rose to 33.88 per cent in September 2024, with both core and food inflation driving the...
Read moreDetailsThe Nigerian National Petroleum Company (NNPC) Limited says it has reached its gas production goal of 7.4 billion standard cubic feet per day (bscfd) ahead of the year-end target, with...
Read moreDetailsAccording to the Central Bank of Nigeria (CBN), many businesses have less confidence in the economy, with the Overall Confidence Index falling by 3.2 index points to 14.5 from 17.7...
Read moreDetailsThe Nigerian National Petroleum Company Limited (NNPCL) has stopped importing refined petroleum products and is now off-taking the product from the Dangote Petroleum Refinery and other local refineries. Mele Kyari,...
Read moreDetailsThe Naira gained on Monday, 11 November to N1,730 per dollar in the parallel market from N1,740 per dollar last weekend However, the Naira depreciated to N1,681.42 per dollar in...
Read moreDetailsAccording to news reports, the cost of landing Premium Motor Spirit (PMS) has reduced by 20.34 per cent compared to the past three months indicating a drop to N971.57 per...
Read moreDetailsNigeria Deposit Insurance Corporation (NDIC) said it has started the process of selling off landed properties and chattels of the inoperative Heritage Bank, to ensure the timely declaration of liquidation...
Read moreDetailsThe Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the Dangote Petroleum Refinery's decision to sell petrol at N990/litre is an inconsiderate move, especially as the company enjoyed...
Read moreDetailsThe Nigerian Ports Authority said that seven ships would berth with crude oil on Friday at the Lagos ports. The NPA, in its “Daily Shipping Position’, said that seven vessels,...
Read moreDetailsThe Central Bank of Nigeria (CBN) has said that the broad money supply (M²) increased by 64.6 per cent year-on-year, YoY, to N108.95 trillion in September 2024, from N66.17 trillion...
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