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Pinnacle Oil boss Dickerman explodes, says Tinubu’s government still paying about...

Temitope Hassan
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BREAKING: CBN revokes operational licenses of 4173 Bureau de Change operators

Temitope Hassan
Business

Nigerian government pays $120m from gas debts as blackout spreads

Temitope Hassan
Business

Nigeria’s petrol importation reduces by 990million litres monthly after Tinubu’s subsidy...

Temitope Hassan

CBN governor Cardoso defends himself, asks Nigerians not to blame him for economic hardship

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has defended himself amid the current hardship occasioned by the naira depreciation, saying...

BREAKING: CBN raises Nigeria’s interest rate to 22.75%

The Central Bank of Nigeria (CBN) has increased the benchmark interest rate by 400 basis points to a record 22.75%.The CBN Governor, Olayemi Cardoso,...

BREAKING: CBN begins sale of dollars at N1301/$

The Central Bank of Nigeria (CBN) has announced the sale of foreign exchange to Bureau de Change (BDC) operators in the country.This was contained...
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CBN increases BDC license fees to N2bn, issues new guidelines on FX transactions (Full List)

The Central Bank of Nigeria (CBN) has introduced a fresh set of guidelines to keep Bureau De Change (BDCs) in check.The Nigerian naira has...

JUST IN: Nigerian government bans cooking gas export to reduce price

The Nigerian government has banned the exportation of Liquefied Petroleum Gas, popularly called cooking gas, in a bid to increase its volume domestically to...

CBN increases customs duty rate to N1605 for the seventh time in 2024

The Central Bank of Nigeria (CBN) has increased the exchange rate for Customs cargo clearance from N1, 537.073/$ to N1, 605.82/$ for the seventh...
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BREAKING: Nigeria’s naira hits record low of N1830 per dollar at black market

The Nigerian Naira has fallen to an all-time low as it exchanged for N1,830 per dollar in the parallel market, commonly referred to as...

Tinubu’s government targets $10bn to increase FX liquidity and stabilize Naira

The federal government under President Bola Ahmed has stated it is looking to raise about $10 billion in revenue to boost liquidity in the...

BREAKING: Nigeria fuel tanker union suspends planned nationwide strike

The Nigerian Association of Road Transport Owners (NARTO) has suspended its planned nationwide strike.This followed Monday’s meeting with the Federal Government and stakeholders after...
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Nigerian government’s meeting with NARTO and oil marketers ends in deadlock as fuel queues return

The meeting between the Nigerian Association of Road Transport Owners (NARTO) and officials of the federal government over the suspension of petroleum product loading...

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