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Oil marketers, on Wednesday, said the supply of Premium Motor Spirit, popularly called petrol, had not yet stabilise and this was why queues were still prevalent in many parts of ...
On Wednesday, February 8, the Naira gained 0.14 percent or 67 Kobo against the US dollar in the Investors and Exporters (I&E) segment of the foreign exchange (FX) market, closing ...
Nigerians have continued to lament the inability to obtain new naira notes. Citizens of the country, including civilians, public figures, and elites, have struggled in recent weeks to spend funds ...
Nigeria Employers’ Consultative Association has predicted shutdown of small businesses if the lingering naira crisis persists. The Director-General, NECA, Mr Wale Oyerinde, said with the rising inflation and reduction in ...
Operators of Point of Sale, or POS, have taken on the role of the new lords as both new and old naira notes continue to be in short supply across ...
Trading on the Nigerian stock exchange floor ended bullish once more, as most large-cap stocks closed the week higher, gaining N847 billion for the week. The All Share Index and ...
The incessant reoccurrence of the scarcity of Premium Motor Spirit, popularly called petrol, is going to continue until the country starts refining petroleum products domestically and halts complete reliance on ...
The local currency gained N2 on the US dollar at the Peer-2-Peer (P2P) foreign exchange (FX) window, closing at N760/$1 on Friday, February 3, compared to the previous day's N762/$1, ...
The Director-General of Nigerian Maritime Administration and Safety Agency, Dr. Bashir Jamoh, has called for deeper private sector participation in the blue economy initiative to harness greater benefits from the ...
The Nigerian National Petroleum Company Limited and Daewoo Engineering and Construction Nigeria Limited, on Thursday, signed a contract of $740.67m (N341.48bn as at Thursday’s official exchange rate of N461.04/$) for ...