Again, Dangote Refinery Reduces Petrol Price to N860/litre  Dangote Petroleum Refinery has reduced the ex-depot price of premium motor spirit (petrol) for the second time in February, cutting it from N890 to N825 per litre. This N65 per litre reduction follows an earlier N60 per litre...

‎Naira Strengthens to N1,485/$1 Across Black, Official Markets ‎The naira appreciated against the dollar on Tuesday, February 25, 2025, trading at N1,485/$1 in both the official and black markets. ‎According to figures released by the Central Bank of Nigeria (CBN), the naira closed at N1,495/$1 at...

Naira Crude Sales Cut FX Risks, Boost Local Refineries, Says Tinubu The Federal Government said the introduction of the sale of crude oil in Naira was a strategic move to enhance the operational efficiency of local refineries by reducing foreign exchange risks and transaction costs. President...

MultiChoice: FCCPC Summons DStv, GOtv over Price Hike The Federal Competition and Consumer Protection Commission has summoned MultiChoice Nigeria, the operator of DStv and GOtv, to account for its planned subscription price hike, scheduled to take effect on March 1, 2025. In a statement on Tuesday,...

World Bank: FG Eyes Six Loans as Nigeria’s Debt Hit $9.2bn The Federal Government is set to secure six new loans totalling $2.23bn from the World Bank in 2025 as the international financial institution continues to support the country’s economic and structural reforms. Data from the...

NGX Domestic Transactions Decline to N535bn Total transactions in equity trading on the Nigerian Exchange Limited declined by 9.89 per cent to N607.05bn in January 2025 from N673.66bn recorded in December 2024. In its Domestic & Foreign Portfolio Investment Report on Monday, the decline was driven...