The National Bureau of Statistics (NBS) has reported that the price of 1 kilogram (Kg) of rice increased by 81 percent to N917.93 in December 2023...
Mr. Olayemi Cardoso, the governor of the Central Bank of Nigeria (CBN), stated that the goal of the top bank is to lower the headline inflation...
Following the conclusion of trade on Monday, Dangote Cement achieved a significant milestone by reaching a market capitalization of N10tn on the Nigerian Exchange, making it...
The National Patriotic Elders Forum has advised President Bola Tinubu to ensure that Nigeria’s crude oil is sold to the Dangote Refinery in Naira as it...
The Central Bank of Nigeria (CBN) has revealed that it has paid around $2 billion to different sectors, such as manufacturing, aviation, and petroleum, in order...
The parallel market witnessed a depreciation of the naira on Tuesday, as it fell to N1,330/$, marking a decrease of 3.91 percent or N50 from the...
Shell, a prominent international oil company, has reached an agreement to sell its Nigerian onshore subsidiary, Shell Petroleum Development Company of Nigeria Limited (SPDC), to Renaissance,...
In December, Nigeria’s headline inflation rose to 28.92 percent, up from 28.20 percent in November, according to the National Bureau of Statistics’ consumer price index and...
Aliko Dangote, the President of the Dangote Group, expressed his gratitude towards President Bola Tinubu for his unwavering support in the commencement of diesel and aviation...
The commencement of production at the Dangote Refinery, situated in Nigeria’s commercial hub, marks a significant milestone. Despite the refinery’s original start date being set for...