Petrol Imports Surge to 154m Litres Weekly Amid Naira-for-Crude Crisis   Seven vessels carrying imported Premium Motor Spirit, popularly called petrol, are expected to berth at seaports along the nation’s borders between Monday, March 17, and Sunday, March 23. According to a document obtained from the Nigerian...

Market Capitalization Drops to N65.8trn on NGX   The Nigerian Exchange Limited (NGX) recorded a decline in market capitalisation at the close of trading on Thursday, as the All-Share Index dropped marginally by 0.05 per cent. The total market capitalisation fell to N65.8tn, reflecting a weaker investor...

FG Panel Reconvenes Monday to Address Naira-for-crude Crisis     The huge allocation of crude oil by the Nigerian National Petroleum Company Limited (NNPCL) to its foreign creditors is a big challenge to the supply of the commodity to domestic refiners including the Dangote Petroleum Refinery. Insiders familiar...

International trade policy and law expert Olusegun Olutayo has underscored the decisive role of implementation in driving the success of regional trade agreements, particularly the African Continental Free Trade Area (AfCFTA).

Tinubu Approves Board Members for Power System Operator President Bola Tinubu on Wednesday appointed board members of the recently established Nigerian Independent System Operator. He named Dr Adesegun Olugbade as the Board Chairman, while Abdu Bello was appointed the Managing Director of the new NISO. An Independent...

CBN: 65.5% of Nigerians Demand Drop in Lending Rates – Survey A new Household Expectations Survey by the Central Bank of Nigeria (CBN) has revealed that 65.5 per cent of Nigerian households believe a reduction in lending rates would be best for the economy. The survey,...