Naira hits N1,040 per dollar in parallel market The exchange rate between the naira and the dollar has dropped to N1,040 in the parallel market. The...
Petroleum products marketers have warned that retail outlets are shutting down operations due to increasing cost of running the business. Speaking during the National Executive Council...
The Federal Government, on Monday, denied reintroducing the subsidy on Premium Motor Spirit, popularly called petrol, amid the closure of many filling stations nationwide due to...
There are growing concerns over the rising price of cooking gas as a kilogramme is now sold for between N1,000 and N1,200 in parts of the...
The Central Bank of Nigeria (CBN) has appointed three more banks for the collection of fees under the Nigerian Export Supervision Scheme (NESS). The NESS Fee...
The Senate Committee on Finance has recommended the sale of government-owned dormant oil refineries, characterizing them as “endless drains” despite repeated maintenance efforts. Sani Musa, the...
The United States Government through the US Agency for International Development has announced a $29m investment to support aquatic and fish farmers in Nigeria, Bangladesh, Kenya...
The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) Festus Osifo says the Federal Government is still paying subsidy on...
Petrol price landing cost has crashed to N720/litre. Many petroleum products depots are currently deserted due to lack of products caused by foreign exchange rate volatility,...
BUA Cement PLC on Sunday announced the reduction of the price of its cement product to N3,500 per bag starting from Monday, October 2, 2023. It...