Cooking Gas Costs Remain High Despite Improved Supply
Two weeks after the Federal Government’s emergency intervention in the liquefied petroleum gas market, marketers say cooking gas prices have yet to return to normal despite improved product supply and easing market...
Tinubu Rejects Two NASS Bills Citing Constitutional Issues
President Bola Tinubu on Thursday declined assent to two bills passed by the National Assembly, citing constitutional concerns and defects that require correction before the proposed legislation can become law.
The Senate was...
Market Cap Climbs to N155.59trn as NGX Rebounds
The Nigerian equities market closed the mid-week trading session bullish on Wednesday, as an aggressive wave of bargain hunting wiped out earlier performance jitters and drove market valuation to historic highs.
The total...
Naira Rises to N1,400 per Dollar in Parallel Market
The Naira yesterday appreciated to N1,400 per dollar in the parallel market from N1,405 per dollar on Tuesday.
But the naira was stable at N1,379 per dollar in the Nigerian Foreign Exchange...
NNPC Halts Crude-Backed Loans to Finance PH, Warri Refineries
The Nigerian National Petroleum Company Limited (NNPCL) has said it is ending the practice of financing the Port Harcourt and Warri refineries with loans backed by crude oil production, opting instead...
N100 Banknotes Still Very Valid, Says CBN
The Central Bank of Nigeria (CBN) has ordered members of the public, businesses, and commercial banks to immediately cease the rejection of the standard N100 banknote, declaring that the currency remains a valid...
