Business

The loading cost of Premium Motor Spirit (PMS) at privately-owned depots fell to ₦925 per litre on Monday, marking a ₦27 decrease from the ₦952 price set by the highest-selling...

The Naira appreciated further yesterday in the parallel market to N1,610 per dollar from N1,615 per dollar last Friday, as weak dollar demand persists. However, the Naira depreciated to N1,495.6...

Due to oil companies' failure to meet the crude oil demand of local refineries, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that it will no longer grant export...

A Central Bank of Nigeria (CBN) Survey report has shown that high bank charges, poor infrastructure, unfavourable economic climate, insecurity, and access to credit were top business constraints in December...

The Naira yesterday appreciated to N1,630 per dollar in the parallel market from N1,640 per dollar on Tuesday. Similarly, the Naira appreciated to N1,507 per dollar in the official foreign...

The cryptocurrency market experienced unprecedented volatility on Monday, marking its first flash crash of 2025, sparked by the introduction of the Chinese AI app DeepSeek. This dramatic decline saw Bitcoin...

The pump prices of Premium Motor Spirit, popularly called petrol, have risen to between N1,050 and N1,150/litre depending on the area of purchase, following the hike in the cost of...

The Central Bank of Nigeria (CBN) has imposed a fine of N1.35 billion on nine Deposit Money Banks (DMBs) for failing to make naira notes available through Automated Teller Machines...

The Independent Marketers Association of Nigeria (IPMAN) has sought to patronize the Dangote refinery as the depot price of Premium Motor Spirit (PMS) rose by 4.7 per cent to N950...

The Naira yesterday depreciated to N1,660 per dollar in the parallel market from N1,655 per dollar on Monday. However, the Naira appreciated to N1,549 per dollar in the official foreign...