Economy
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Middle-East crisis: How Tinubu’s policy of naira-for-crude guarantees supply security in Nigeria
President Bola Tinubu demonstrated foresight in July 2024, when he approved the use of the naira as the payment currency…
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Equities market loses N276bn on sell pressure
The Nigerian stock market opened the week on a bearish note, with investors losing N276 billion in market value. Sell-offs…
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More Revenue For Nigeria As NNPC Exports 950,000 Barrels Cawthorne Blend Crude
The feat was achieved through the FSO Cawthorne vessel, Nigeria’s first new crude oil terminal in 50 years, according to…
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Naira strengthens against dollar at official FX market
The Nigerian naira appreciated against the United States (US) dollar, trading at N1,383.8830 per dollar at the Central Bank of…
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Dangote Refinery reduces petrol price
Dangote Petroleum Refinery & Petrochemicals has reduced its gantry price for petrol to N1,200 per litre and its coastal price…
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Global Trading System Hit By ‘Worst Disruption In 80 Years’, Says Okonjo-Iweala
The global trading system is experiencing the “worst disruptions in the past 80 years”, World Trade Organization chief Ngozi Okonjo-Iweala…
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FGN Launches National Single Window To Cut Trade Costs, Boost Growth
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, led the launch in Lagos. Edun explained that the…
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Dangote Refinery Hikes Petrol Price To ₦1,245/Litre
In a notice to marketers on Friday, the Refinery noted that its ex-depot (gantry) price would rise from N1,175 to…
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NGX records N1.77trn weekly gain as market rises 1.39%
The Nigerian Exchange Ltd. (NGX) closed the week on a positive note, with the All-Share Index (ASI) and market capitalisation…
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Naira gains N8.46 at official market
The Naira on Monday further appreciated at the official market trading at N1,357.76 against the U.S. dollar. Data published on…
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