NNPCL Raises Petrol Prices Again Amid Declining Global Oil Rates and Naira Depreciation
In a new price adjustment, the Nigerian National Petroleum Company Limited (NNPCL) has raised the price of Premium Motor Spirit…
Tag: market
CBN Maintains High Interest Rates to Tackle Persistent Inflation in Nigeria
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, recently highlighted the complexities surrounding Nigeria’s high-interest rate…
Nigerian Government Bans LPG Exports to Curb Rising Cooking Gas Prices
In a bid to address the soaring cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, the Nigerian…
NNPC-Chevron Joint Venture Makes New Discovery Amid Declining Oil Exploration in Nigeria
The NNPC Limited – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has achieved a significant milestone with the successful drilling…
EU Launches Climate Month to Foster Sustainability Ahead of COP29
The European Union (EU) has kicked off a series of strategic events to celebrate its Climate Month in anticipation of…
Former Rivers APC Chairman Tony Okocha Criticizes Governor Sim Fubara Amid Political Rift
Tony Okocha, the former Chairman of the Rivers State chapter of the All Progressives Congress (APC), has criticized Governor Sim…
Naira Among Worst-Performing Currencies in Sub-Saharan Africa, World Bank Report Reveals
The Nigerian Naira has emerged as one of the worst-performing currencies in sub-Saharan Africa as of the end of August…
Naira Appreciates in Official Market But Crashes in Parallel Market
On Monday, October 14, 2024, the Nigerian currency, the naira, made a notable recovery in the official foreign exchange market,…
World Bank Endorses CBN Governor Yemi Cardoso’s Exchange Rate Policy
The World Bank has expressed support for the Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, and his recent exchange…
Federal Government Grants Dangote Refinery Exclusive Rights to Supply Jet Fuel in Nigeria
The Federal Government of Nigeria has announced that the Dangote Refinery has been granted exclusive authorization to supply jet fuel,…