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Category: Business

Business Economy headline

Naira for crude initiative has reduced prices of petroleum products – Dangote

Iheanyi Ejiofor December 21, 2024 No Comments #Dangote #Naira for crude

Our reporter/ Aliko Dangote, founder of the Dangote Group, on Saturday commended President Bola Tinubu’s naira for crude swap deal, citing its positive impact on Nigeria’s economy and the subsequent…

Read More Naira for crude initiative has reduced prices of petroleum products – Dangote
Business Economy headline

NNPC reduces ex-depot petrol price to N899/litre

Iheanyi Ejiofor December 21, 2024 No Comments #NNPC #ex-depot #petrol

Our reporter/ The Nigerian National Petroleum Company (NNPC) Limited has reduced its ex-depot price of petrol to N899 per litre in Lagos, the Petroleum Products Retail Outlets Owners Association of…

Read More NNPC reduces ex-depot petrol price to N899/litre
Business Economy headline

CBN permits BDCs to buy $25,000 weekly to meet yuletide demands

Iheanyi Ejiofor December 20, 2024 No Comments #CBN #BDC #Yuletide

Our reporter/ The Central Bank of Nigeria has granted temporary permission to Bureau de Change operators, to purchase up to $25,000 in foreign exchange weekly from the Nigerian Foreign Exchange…

Read More CBN permits BDCs to buy $25,000 weekly to meet yuletide demands
Business Economy headline

PETROAN lauds Dangote refinery for slashing Petrol price

Iheanyi Ejiofor December 19, 2024 No Comments #Petroleum Products Retail Outlets Owners Association of Nigeria #PETROAN #Dangote refinery #Petrol

Our reporter/ The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has commended the management of Dangote Refinery for crashing the price of its petrol to N899.50K per litre.…

Read More PETROAN lauds Dangote refinery for slashing Petrol price
Business Economy headline

Nigeria’s Capital Inflows Drop by 52% QoQ to US$1.3bn in Q3 2024

Iheanyi Ejiofor December 19, 2024 No Comments #Capital inflow

Capital Importation report from the National Bureau of Statistics (NBS) reveals that capital inflows into Nigeria declined by -52% quarter-on-quarter (QoQ) to approximately US$1.3bn in Q3 2024. However, on a…

Read More Nigeria’s Capital Inflows Drop by 52% QoQ to US$1.3bn in Q3 2024

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