Nigeria will likely experience decline in imports over the inability of the Central Bank of Nigeria (CBN) to meet foreign exchange (FX) obligations, PwC Nigeria says in its bi-monthly economic…
Read More Report: FX backlog to affect Nigeria’s import, as suppliers may not accept letters of credit, PwC says
The Central Bank of Nigeria (CBN), on Monday assured Nigerians that its digital currency, eNaira posed no threat to financial stability. The Director, Corporate Communications Department of CBN, Dr Isa…
Read More eNaira not a threat to financial stability – CBN
Our reporter/ Nigeria will become a net exporter of petroleum products by next year, the group managing director of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari said on…
Read More Nigeria will become net exporter of petroleum products in 2024 – NNPC
Oil prices has surged after a shock attack on Israel by Hamas brought renewed instability to the Middle East. More than 1,100 people have died since the fighting between Israel…
Read More Oil prices surge as Israel-Hamas war ignites supply fears
– lists 17 firms as awardees The Nigerian National Petroleum Company (NNPC) Limited on Sunday denied reports that contracts for the rehabilitation of pipelines across the country were awarded to…
Read More NNPC denies handing pipeline contracts to ‘northern oil cabal’