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Petrol Scarcity: Marketers Defy FG, Hike Pump Price To N280/litre

Three days after the Federal Government denied that it planned to hike the pump price of petrol, independent marketers have raised their price to N280...

NNPC Petrol Price Without Subsidy Is ₦‎400/Litre – Marketers

The lowest price the Nigerian National Petroleum Company Limited can sell Premium Motor Spirit, popularly called petrol, to marketers, assuming there is no subsidy,...

Closure Of Dangote Cement Factory By Kogi State Govt Illegality Taken Too Far —...

A group, The Coalition For Civil Society Groups in Abuja has condemned the illegal closure of Obajana cement factory by the government of Kogi...

Nike Opens Flagship Store In Lagos, Nigeria (Photos)

Multibillion dollar company, @Nike , opens its first flagship store in West Africa, today in Lagos Nigeria. Nigeria will be serving the west African...

FG Blocks Mobile Payment, Telecoms Network Access To Online Loan Firms

The Federal Competition and Consumers Protection Commission, FCCPC, has directed payment systems operators, PSOs, such as Flutterwave, Opay, Paystack and Monify, as well as...

CBN Asks Banks To Pay Higher Interest On Savings

By Ayodeji Adegboyega The Central Bank of Nigeria has raised the minimum interest rate on Naira savings deposits from 0.15 percent to 4.2 per cent. The...

JUST IN: Naira falls to N645 per dollar

The Nigerian currency has sunk to a new low, exchanging for N645 against the U.S. dollar in the parallel market, according to data from...

Marketers Hike Petrol Price To Between ₦170 And ₦190/Litre

Premium Motor Spirit popularly known as petrol will now be sold between N170/litre and N190/litre in filling stations across the country, following what is...

Net Foreign Exchange Inflow Falls 56% To $3.2bn In 3yrs

Net foreign exchange (forex) inflow into the economy fell by 56 per cent to $3.2 million in February 2022 from $7.2 billion in February 2020. Vanguard...

Nigeria Lost N500.6bn Crude Oil In Five Months – Investigation

Revenues accruable to Nigeria from the sale of crude oil crashed by about N500.6bn between January and May this year, findings from various oil...
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