The Economic and Financial Crimes Commission (EFCC) has pressed new charges against Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), for his alleged involvement in approving the printing of N684.5m notes using N18.9bn. 

Yesterday, Dangote Petroleum Refinery further reduced the prices of both diesel and aviation fuel to N940, N980 per litre respectively.

Again, Dangote Crashes Diesel, Aviation Fuel to N940, N980   Dangote Petroleum Refinery has again announced a further reduction in the prices of diesel and aviation fuel to N940, N980 per litre respectively. This is coming at the wake of its widely celebrated price reduction to N1,000...

NERC Transfers Regulatory Oversight to Ekiti Board   The Nigerian Electricity Regulatory Commission (NERC) on Tuesday, April 23, revealed that it has transferred regulatory oversight of the electricity market in Ekiti state from the commission to the Ekiti State Electricity Regulatory Bureau (EERB). According to the commission,...

CBN Injects Dollars into BDCs at N1,021 per Dollar   The Central Bank of Nigeria (CBN) has announced the sale of $10,000 to each licensed Bureau De Change (BDC) operator nationwide. This marks the second such intervention this month by the apex bank. In a circular addressed to...

Equities Market Opens Week By N71bn Gain   Opening the week, the local equities market yesterday gained N71 billion, recovering some of the prior week losses. The All Share Index (ASI) rose by 125.30 points, representing a gain of 0.13 per cent to close at 99,665.05 points....