Marketers Kick as Dangote Sells Fuel in Dollars, Exports to US, S/Arabia Oil marketers under the aegis of the Petroleum Products Retail Outlets Owners Association of Nigeria have rejected the decision by the Dangote Petroleum Refinery to sell refined petroleum products in dollars. PETROAN urged the...

FGN Bond Subscriptions Decline to N530bn Investor demand for Federal Government of Nigeria bonds declined significantly in March 2025 as total subscriptions dropped to N530.31bn, representing a sharp 67.5 per cent fall from the N1.63tn recorded in February. The decline follows two consecutive months of strong...

Consumers spend N509bn on Power Bills Amid Grid Collapses - Report  Nigerian electricity consumers paid N509.84bn for electricity bills in the fourth quarter of 2024 despite experiencing five grid Collapses within the same period. The Nigerian Electricity Regulatory Commission said in a report that there were...

Nigeria, Others Digital Payments Rise $1.5tn – Report Nigeria's digital payments and other African countries is projected to hit $1.5tn by the end of this decade, driven by improved internet penetration and financial inclusion rate. According to the Mastercard-commissioned report by Genesis Analytics, Africa’s digital transformation...

₦25.3bn Debt: Keystone Bank Takes Over Bacita Sugar Company, Appoints Receiver …Court Freezes 21 Accounts Linked to KIA Africa Keystone Bank has officially taken over the operations of Bacita Sugar Company, formerly known as Josepdam Sugar Company, following the failure of its parent firm, KIA Africa...

The naira on Monday appreciated in the official foreign exchange (FX) market as the Central Bank of Nigeria (CBN) accounted for the highest dollar inflows of 39.85 percent in the Nigerian Foreign Exchange Market (NFEM).