Business News

The Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery are currently negotiating the renewal of their naira-based crude oil supply agreement, which is set to expire at the end...

The Naira dropped to N1,545 per dollar on the parallel market Friday, down from N1,525 on Thursday. Similarly, the Naira declined to N1,542 per dollar on the Nigerian Foreign Exchange...

The Naira rose to N1,512 per dollar in the parallel market yesterday, up from N1,515 on Tuesday. However, the Nigerian Foreign Exchange Market (NFEM) saw the naira fall to N1,505...

The Naira strengthened on Tuesday in the official market, trading at 1491.67 to the dollar. According to data from the Central Bank of Nigeria (CBN) website, the naira increased by...

Dangote Petroleum Refinery & Petrochemicals has announced a refund of ₦65 per litre to petroleum marketers who purchased Premium Motor Spirit (PMS) at the previous ex-depot price of ₦890 per...

Dangote Cement Plc reported a revenue of N3.58 trillion for the financial year ending December 31, 2024, marking a 62% increase from N2.21 trillion in 2023. This growth was primarily...

The Nigerian National Petroleum Company Limited (NNPCL), in partnership with the African Export-Import Bank (Afreximbank), is advancing the completion of the African Medical Center of Excellence (AMCE) in Abuja. This...

Effective March 1, 2025, Nigerian banks have implemented new Automated Teller Machine (ATM) withdrawal charges as directed by the Central Bank of Nigeria (CBN). These changes are part of the...

The Naira dropped to N1,505 per dollar on the parallel market Friday, down from N1,495 on Thursday. Similarly, the Naira declined to N1,500 per dollar on the Nigerian Foreign Exchange...

The Federal Government has announced plans to construct 7,000 new communication towers in rural areas to enhance telecommunications services and improve digital connectivity across the country. Minister of Communications, Innovation,...