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Revenue Generation: Tinubu Launches Single Window Initiative, Targets $2.7bn Annually 

President Bola Tinubu on Tuesday launched the National Single Window initiative, a transformative project that will propel the nation's economy to new heights. 

Dangote Refinery Crashes Diesel Price to N1000 Per Litre

The Dangote Petroleum Refinery has announced further reduction of the price of diesel from 1200 to 1,000 naira per litre. 

Nigerian Equities Open With N304bn Loss

Nigerian Equities Open With N304bn Loss   Nigerian equities opened this week with a continuation of bearish sentiment as investors sought to lock in gains into fixed income securities. Benchmark indices at the Nigerian Exchange (NGX) indicated average decline of 0.53 per cent, equivalent to net capital...

Naira Closes at N1,050 per Dollar at Parallel Market

Naira Closes at N1,050 per Dollar at Parallel Market The naira yesterday exchanged at N1,050 to dollar at the parallel market. It exchanged at N1,125 to dollar on over the weekend, representing N75 appreciation. Naira appreciated by 0.56 per cent to close at N1,136 to dollar...

NUPRC Announces The Increase of 1.087bn Barrels to Nigeria’s Crude Oil Reserves

NUPRC Announces The Increase of 1.087bn Barrels to Nigeria’s Crude Oil Reserves The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday formally announced a rise in Nigeria’s hydrocarbons’ reserves as of January 1, 2024, with the country’s stock of crude oil jumping by 1.087 billion barrels...

Naira Gains Against Dollar, Trades for N1,136.04 per Dollar

Naira Gains Against Dollar, Trades for N1,136.04 per Dollar The Naira on Monday appreciated at the official market, trading at N1,136.04 to the dollar. Data from the official trading platform of the FMDQ Exchange revealed that the Naira gained N6.34. This represents a 0.55 per cent gain...