Petrol: Oil Marketers Project N700bn Monthly Subsidy With a landing cost of N1,117 per litre for Premium Motor Spirit, popularly called petrol, the monthly subsidy on the commodity has increased to about N707bn, oil marketers projected on Monday. It was also gathered that as the Dangote...

'Naira To Appreciate Towards N1000 Per Dollar'   The Lagos Chamber of Commerce and Industry (LCCI) has projected that the Naira would appreciate to N1,000 per Dollar. This was disclosed by the President of LCCI, Mr. Gabriel Idahosa, when he addressed news men on the state of...

In Three Months, Forex Inflow Via IMTOs Hits $1.07bn   Foreign exchange inflows from International Money Transfer Operators increased by 38.86 per cent to $1.07bn in the first quarter of 2024, from $770.23m recorded in the same period in the previous year. This was revealed in the...

Dangote Expresses Willingness to Give Up Refinery Alhaji Aliko Dangote on Sunday indicated his willingness to give up ownership of the multibillion-dollar Dangote refinery to the Nigerian National Petroleum Company Limited (NNPCL). Many Nigerians have at the weekend expressed concern over the new dimension the brawl...

According to Sadiq Atayese, the chairman of the Labour Party in Oyo State, the newly approved N70,000 minimum wage for Nigerian workers is not the solution to the country’s current economic challenges. 

Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), has again reaffirmed the Bank’s commitment to implementing policies that foster sustainable growth in the financial markets while ensuring overall economic stability.