Minister Says FG Not Responsible for Setting Fuel Prices
The Minister of State Petroleum Resources, Heineken Lokpobiri, emphasized that fluctuations in petrol prices at the pump are largely driven by the volatile price of crude oil in the international market.
He...
FG Targets N1.8trn Bond Sale in Q1, 2025
The Federal Government has announced plans to generate N1.8 trillion through bond sales in the first quarter of 2025, as disclosed by the Debt Management Office (DMO).
The proposed issuances, detailed in the...
Dangote Refinery Targets 650,000bpd Production by June
The Dangote Petroleum Refinery is set to ramp up its crude oil imports due to inadequate supply from the Nigerian National Petroleum Company Limited (NNPC) which is struggling to meet the refinery's fuel...
How CBN's Voluntary Early Exit Program is Revolutionizing Performance, by Rahma Olamide Oladosu
In response to widespread criticism, the Central Bank of Nigeria (CBN) recently affirmed that the departure of 1,000 employees in December 2024 stemmed from a fully voluntary...
The China Development Bank (CDB) has approved a 245 million euro ($254.76 million) loan to support the construction of the Kano-Kaduna railway project in Nigeria.
In the third quarter of 2024, the demand for foreign exchange decreased significantly, mainly because of a notable reduction in invisible transactions.
