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...
Nigeria’s oil marketers have said that Dangote Refinery may crash the price of petrol to between N600 – N650 per liter depending on its production cost....
The Nigeria Deposit Insurance Corporation says it has disbursed the insured deposits of N5 million each to 82.36 per cent of the total customers of the...
A leading Africa-focused fintech platform, PalmPay, has called for collaboration and innovation among banks and fintechs to drive financial inclusion at the last mile. The call...
In what appears a major shift from previous clam by the Dangote Refinery company, the Group Chief Strategy Officer, Dangote Refinery and Petrochemicals Company, Aliyu Suleiman...
The naira has recorded three consecutive days of appreciation against the dollar at the official foreign exchange market amid the Central Bank of Nigeria’s latest FX...