Category: Business

|By Adejumo Adekunle …Currency records second consecutive win at official FX window…Parallel market loses ground despite CBN efforts The naira extended its recovery streak against the dollar at the official…

By Babatunji Wusu • Naira appreciates to N1,530 per dollar in the parallel market • Official market rate improves to N1,532.5 per dollar • CBN data shows N3 gain from…

By Babatunji Wusu • CBN’s Form A platform now processes tuition payments in just 4 business days • GTBank and Lotus Bank facilitate direct naira-to-dollar payments • Faster FX transactions…

|By Adejumo Adekunle …Tinubu’s import waiver policy sparks backlash as fertiliser cost surges Nigerian farmers have expressed alarm over the widespread availability of imported rice and maize, warning that the…

|By Adejumo Adekunle Refinery ends legal battle over import licencesPetroleum importation drops as Dangote products hit the market Dangote Petroleum Refinery and Petrochemicals has officially withdrawn its lawsuit against the…

By Babatunji Wusu Aliko Dangote credits President Bola Tinubu’s Naira-for-Crude initiative and Nigeria First policy with stabilizing crude supply to local refineries and strengthening the naira-to-dollar exchange rate. The Dangote…

|By Adejumo Adekunle Group says move will curb oil theft, restore investor confidenceReforms aim to revive abandoned fields, boost daily output to 2.5 million barrels The Centre for Energy Governance…

|By Adejumo Adekunle …Electricity consumers risk erratic power supply if they pay new rate…Oduntan says EERC’s directive unsustainable, warns of looming setbacks The Association of Nigerian Electricity Distributors (ANED) has…

|By Adejumo Adekunle …Engineers assess aircraft as airline apologises for delays, reschedules trips Air Peace has temporarily disrupted its flight operations after one of its planes suffered a bird strike,…

|By Adejumo Adekunle …Second cut in one week triggers fresh reactions…Independent marketers undercut with N885 pump price The Nigerian National Petroleum Company Limited (NNPCL) has again lowered its pump price…