The merger between Unity and Providus Banks has been approved by the CBN, pending SEC review. Providus and Unity Bank have received approval from the Central...
Import duty waivers on rice and other products will start next week, according to the FG’s recent announcement. On Tuesday, the Federal Government announced that next...
Operators confirm that the sale of crude oil in Naira is still pending, with no transactions yet occurring. Despite President Bola Tinubu’s directive, the purchase of...
NNPC introduces a new crude oil grade and commences its export to Spain. Find out what this means for Nigeria’s oil industry. On Monday, NNPC’s spokesperson...
Fuel loading operations at Lagos ports are disrupted as protests halt activities, worsening the situation. There is growing worry that the present fuel scarcity in Lagos...
Petrol scarcity intensifies as marketers point fingers at NNPC and DAPPMA, accusing them of causing the shortage. The alleged questionable transactions between the Nigerian National Petroleum...
US crude arrives at Dangote Refinery, heralding a transformation in global oil markets. Explore the implications for the industry. Since January, the refinery has obtained 18...
Dangote loses his title as Africa’s richest man again. Learn about the new wealth rankings and the reasons for this shift. The South African billionaire last...
With Nigeria’s money supply reaching N101.34m, inflation risks may increase. Discover the implications of this significant monetary figure. In June 2024, Nigeria’s money supply (M3), which...
An economist argues that the removal of subsidies and the electricity tariff hike are exacerbating the naira’s devaluation, calling for reevaluation. Despite warnings from the authorities,...