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Business and Economy

Tinubu lauds Dangote’s diesel price cut, foresees economic relief

President Bola Tinubu praised Dangote Oil and Gas Limited for reducing the price of Automotive Gas Oil (diesel) from N1,650 to N1,000 per litre,...

CBN Recommits To Creating Enabling Environment For Economic Devt

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has reaffirmed the bank's commitment to prioritizing its primary goal of ensuring price...

Ministry of Marine and Blue Economy Allocates N1.35 Billion for Vehicles and Travel in 2024

The Federal Ministry of Marine and Blue Economy plans to spend N1 billion on vehicle purchases in 2024, according to LEADERSHIP. The ministry will...

Wema Bank In Heavy Litigation Mess

Negative reports have continued to trail Moruf Oseni's led Wema Bank, one of which is its involvement in what is termed a heavy litigation...

Nigeria and Benin Republic Customs Enhance Collaboration for Trade Facilitation

The Nigeria Customs Service (NCS) and the Customs Administration of Benin Republic convened over the weekend to discuss strategies for boosting trade between the...

Naira gains 7.2% against dollar at official market

The Naira saw significant appreciation at the official market on Friday, trading at N1,142.38 to the dollar. This marks a gain of N88.23, or...

Nigeria’s oil production drops again, now 1.23mbpd – OPEC

Nigeria's crude oil production saw its second consecutive monthly decline since the start of the year, dropping to 1.231 million barrels per day (mbpd)...

“Naira Surges to 8-Month High Against Dollar as FX Reforms Unlock Liquidity”

By Milcah TanimuThe Nigerian Naira reached an eight-month high of 1,120 against the US dollar on the parallel market, buoyed by...

Kyari: Prioritizing Natural Gas Production and Supply Will Propel Economic Growth and Industrial Development

The Nigerian National Petroleum Company Limited (NNPCL) has highlighted the importance of prioritizing natural gas production and supply for driving economic growth and industrial...

Lower Diesel Costs From Refinery To Rapidly Reduce Inflation – Dangote

Aliko Dangote, the billionaire industrialist, has highlighted that the ability of his refinery to offer diesel at significantly lower prices will bring immediate relief...

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