The Nigerian government, through the Federal Competition and Consumer Protection Commission, has given traders in the country a one-month ultimatum, September 2024 to crash the prices...
Nigerian businesses and households expect the inflation rate to rise in the next one to six months. This is according to the Central Bank of Nigeria’s...
The naira recorded its first gain against the dollar on the foreign exchange market on Tuesday as FX transaction turnover increased. The FMDQ data showed that...
The Chief Executive Officer of Binance, Richard Teng, has disclosed that its detained executive, Tigran Gambaryan’s physical and mental conditions is rapidly deteriorating in detention. Teng...
BudgIT, a tech-civic and social accountability organization, has said that the Nigerian Federal Government spent 225 percent more than its revenue for the 2023 fiscal year....
The Nigerian Petroleum Company Limited has withheld the sum of $262.6 million in taxes due to the Federal Inland Revenue. This is according to a report...
The Central Bank of Nigeria (CBN), on Tuesday, announced an unprecedented surge in remittance inflows, reaching a historic high of $553 million in July. The figure...
The Nigerian National Petroleum Company Limited has announced September 2024 as a new date for the commercial commencement of Port Harcourt Refinery. The Chief Financial Officer...
The Nigerian National Petroleum Company Ltd (NNPCL) has demonstrated remarkable profitability, achieving a Profit After Tax of N3.3tn for the 2023 financial year. Chief Pius Akinyelure,...
Dollar supply at the official foreign exchange market dropped by 18.26 percent to $201 million as the Naira depreciated on Tuesday. FMDQ data showed that the...
