No Intention to Hike Fuel Price, Says NNPCL The Nigerian National Petroleum Company Limited says it has no intension to increase the retail pump price of Premium Motor Spirit, popularly called petrol. In a post by the company, posted around 11:48pm on Monday on its official...

CBN Governor Blames Speculators for Naira's Free Fall The Central Bank of Nigeria (CBN) Acting Governor, Folashodun Shonubi, has said the Bank is taking proactive measures to halt the depreciation of the Naira, with imminent interventions set to be unveiled within the coming days. The Acting...

Fuel Price: Fresh Hike Looms As Landing Cost Rises By 37.4%   There are strong indications that pump price of petrol is expected to record another round of increases, the third within 10 weeks as oil marketers hint that the landing cost of petrol has risen...

Naira Slides Further As Dollar Shortage Hits Banks   The widening gap between the demand and supply of dollars in the banks and at the parallel market has continued to worsen the value of the naira. In less than three weeks, the naira lost N100 after sliding...

CBN Staff Loans Increase By 113%, Now N40bn The Central Bank of Nigeria (CBN) has said that it issued N40.67bn loans to members of its staff as of December 2022. This was according to the apex bank’s audited financial statement for 2022. Economic Confidential observed that there...

NIPR Election: 18 Fellows, 8 Members others Clear to battle for Governing Council, Presidency As the battle for who controls the leadership of the Nigerian Institute of Public Relations, NIPR, getting ‘hotter’, the 2023 Electoral Committee has cleared 29 candidates vying for the seat of...