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Marketers Predict N800/litre Petrol Sale as Import Cost Drops

Marketers Predict N800/litre Petrol Sale as Import Cost Drops Major oil marketers in Nigeria have moved to offer a lower price against the gantry loading cost of N825 per litre set by Dangote Petroleum Refinery. This development followed a revelation by marketers that the landing cost...

Reps Direct CBN to Suspend ATM Charge Hike

Reps Direct CBN to Suspend ATM Charge Hike The House of Representatives has called on the Central Bank of Nigeria to suspend the implementation of the increment in Automated Teller Machine transaction charges given the economic situation in the country. The decision of the House was...

NGX Insurance Trade 72.36m shares Across 951 Deals

NGX Insurance Trade 72.36m shares Across 951 Deals Trading activity in the insurance sector of the Nigerian Exchange Limited remained strong on Tuesday, as investors exchanged 72.36 million shares across 951 deals, with Cornerstone Insurance Plc and International Energy Insurance Plc emerging as the top...

PETROAN Warns Against Monopoly, Unfair Competition as Dangote Cuts Fuel Price

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) yesterday warned against monopolies and unfair competition.

Stock Market Gains N52 billion

The stock market opened the week positively, with investors gaining N52 billion and performance indices rising by 0.08 per cent on Monday.

NNPC Suspends Naira-for-Crude Deal

The Nigerian National Petroleum Company (NNPC) Limited has suspended the naira-for-crude oil swap deal with domestic refiners,