US President Donald Trump has imposed tariffs of 50% on all imports from Lesotho, the second highest rate of any country in the world after China. The tiny southern African…
Read More How Nigeria, Lesotho, Kenya and South Africa are affected by Trump’s tariffsCategory: Economy
NNPC increases petrol price to N950 per litre in Abuja, N925/litre in Lagos
The Nigerian National Petroleum Company (NNPC) Limited has increased the price of premium motor spirit, also known as petrol, to N950 per litre in Abuja. The national oil firm raised the…
Read More NNPC increases petrol price to N950 per litre in Abuja, N925/litre in LagosSterling Bank cancels transfer fees; challenges other Banks to follow suit
Sterling Bank on Tuesday announced it has cancelled transfer fees, challenging other commercial banks to emulate its policy. Sterling Bank announced its transfer fees cancellation in a post on X…
Read More Sterling Bank cancels transfer fees; challenges other Banks to follow suitTinubu sacks NNPCL CEO Kyari, replaces him Ojulari
Our reporter/ President Bola Tinubu on Wednesday approved the reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the Chairman, Chief Pius Akinyelure and the Group Chief Executive…
Read More Tinubu sacks NNPCL CEO Kyari, replaces him OjulariNigeria’s net reserve hits $23bn, highest in over three years – CBN
Our reporter/ Nigeria’s Net Foreign Exchange Reserve (NFER) as of the end of 2024 stood at $23.11 billion, the highest level in over three years, reflecting a substantial improvement in…
Read More Nigeria’s net reserve hits $23bn, highest in over three years – CBN
