Relaxed quality controls for diesel at the Dangote refinery resulted in reduced domestic prices, S&P Global is reporting. According to a report on Thursday by S&P Global, high-sulphur diesel from…
Read More Report: Dangote refinery reduced diesel price due to relaxed quality controls
Nigeria’s foreign reserves fell to $32.29 billion on April 15 – the lowest level in over six years. According to the latest data from the Central Bank of Nigeria (CBN),…
Read More Report: Nigeria’s FX reserves drop to $32bn – lowest level in six years
Fidelity Bank Plc has recorded a profit before tax of N124.3 billion for the year ended December 31, 2023, indicating a 131.5 per cent increase from N53.7 billion posted in…
Read More Fidelity Bank’s customer deposits cross N4 trillion mark, posts N124.3 billion pre-tax profit In an unprecedented move, Dangote Petroleum Refinery has announced a further reduction of the price of diesel from 1200 to 1,000 naira per litre. While rolling out the products, the refinery supplied at…
Read More Dangote crashes Diesel price to N1,000 per litre
Our reporter/ The International Monetary Fund (IMF) on Tuesday predicted that Nigeria’s inflationary pressure will ease to 26 percent this year. The Bretton wood institution made the prediction while speaking…
Read More IMF projects decline in Nigeria’s inflation to 26%