Our reporter/ The Central Bank of Nigeria has sold a cumulative amount of $148m to authorised dealers in the Nigerian Foreign Exchange Market (NFEM), to provide liquidity to the foreign…
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Category: Business
Dangote/NNPC Rift: Nigeria’s petrol import from Malta jumps 43 times to $2.08bn
Nigeria’s importation of petroleum from Malta has skyrocketed to 43 folds, amounting to $2.08 billion in 2023. A report by Businessday noted that data sourced from Trade Map, a global…
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Report: Dangote refinery is reselling crude, sources say
Nigeria’s major Dangote oil refinery is reselling cargoes of U.S. and Nigerian crude, four trade sources familiar with the matter said on Friday. According to Reuters report, three of the…
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Alleged Economic Sabotage: Senate invites Dangote, NNPCL, CBN, NIMASA, others
Our reporter/ The Senate on Thursday revealed plans to summon the Central Bank of Nigeria (CBN), Nigeria Port Authority (NPA), Nigerian National Petroleum Company Limited (NNPCL), Dangote Group, and Minister…
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DHQ vows to resist Kenya type protest in Nigeria
Our reporter/ The Defence Headquarters on Thursday vowed to resist any protest in the country capable of reflecting the bloody one recently recorded in Kenya over a controversial finance bill…
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