₦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).

The Executive Secretary of the Depot and Petroleum Products Marketers Association of Nigeria, Olufemi Adewole has condemned the sale of crude oil in naira.

Naira-for-Crude: Marketers Fear Price Increase as FG Suspends Sale to Dangote Following the Dangote Petroleum Refinery’s suspension of the sale of petroleum products in naira, some filling stations have started stockpiling Premium Motor Spirit, otherwise known as petrol. The retailers are storing the product to ensure...

Stakeholders to FG: Create Policies to Attract Agric Investments   Stakeholders in the agricultural sector have called for urgent policy reforms, increased investments, and technological innovations to strengthen the country’s food system. With food insecurity affecting millions of Nigerians, the agricultural experts, policymakers, and development partners convened...

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...