Business

The price of Premium Motor Spirit (PMS), otherwise known as petrol, rose, last night, as indications emerged that the product may sell for between N857 and N865 per litre after...

Oil marketers have confirmed that they will start lifting Premium Motor Spirit (petrol), from the Dangote Petroleum Refinery next week. Some revealed that they had started sending trucks to the...

The Federal Government has finally reached an agreement with the management of Dangote Refinery on the commercial terms for the supply of crude oil to the refinery and the off-taking...

The naira appreciated on the official foreign exchange window by N103.35 in a single day to close at N1,546.41/$1. In contrast, the currency remained stable in the parallel market, holding...

The Central Bank of Nigeria has directed that all Point of Sale operators must route transactions through licensed payment terminal service aggregators. A circular posted on the CBN’s website on...

The Central Bank of Nigeria has directed all Payment Service Providers to route all transactions from PoS terminals at merchant and agent locations — physical or electronic — through an...

Nigeria’s trade surplus rose by 33.9 per cent quarter-on-quarter (QoQ) to N67.95 trillion in the second quarter of 2024 from N5.19 trillion in Q1 2024. The National Bureau of Statistics...

The Nigerian National Petroleum Corporation Limited (NNPCL) said on Monday, 09 September that it signed a deal with its Joint Venture (JV) partner, Chevron Nigeria Ltd (CNL) to convert five...

In the wake of the Nigerian National Petroleum Company Limited's (NNPCL) position to fully offtake Dangote Refinery petrol only if the market prices of the commodity were higher than the...

The Nigerian National Petroleum Company Limited (NNPCL) says petrol from the $20bn Dangote Petroleum Refinery will be lifted at the plant from September 15 however, outlined conditions that would determine...