Naira falls to N1,300/$ on P2P market
The naira is currently trading above N1,300/$ on the Peer-to-Peer cryptocurrency window on Tuesday.
This is as many traders on the parallel market confirmed that...
Shell Set to Sell Nigeria Onshore Oil Business for $1.3 Billion
Shell Plc has reached an agreement to sell its Nigerian onshore oil assets to a consortium of local companies for a price surpassing $1.3...
Oil Theft: Tinubu commends Tantita security services others on recorded successes.
President Bola Tinubu on Monday commended Tantita Security Services Limited and other security agencies for combating oil theft and hailed their collaborative efforts that...
FAAC disbursed N1.35trn to FG, States, LGs in Nov 2023 — NBS
The National Bureau of Statistics (NBS) in its latest report said that the Federation Account Allocation Committee (FAAC) disbursed the sum of N1.35 trillion...
$20bn Dangote Refinery to boost Nigeria’s foreign exchange generation, conservation — Experts
AS the $20 billion Dangote Refinery begins operations, experts have stated that it will culminate in the boosting of Nigeria’s foreign exchange generation and conservation.
The...
Dangote Refinery gets 4th shipment of crude; 5th coming
Preparations are in top gear for the commencement of production in Dangote Refinery, as the petrochemical company has received the fourth crude shipment of...
How To Apply For N50,000 Federal Govt Grants, Loans For Nano Business
The Federal Government of Nigeria under the supervision of the Federal Ministry of Industry, Trade and Investment, is rolling out two initiatives – the...
2024: South African billionaire, Johann Rupert edges out Dangote as Africa’s richest man
South African business mogul, Johann Rupert, has retained Africa’s richest man for the year 2024, after displacing Nigerian billionaire, Aliko Dangote.
This was revealed by...
Naira weakens to 1,233/dollar at parallel market
The naira exchanged to the dollar at 1,233/$ on Monday at the parallel market, according to Bureau de Change operators.
Some BDC operators who spoke...
Sterling Bank appoints new chairman
Sterling Bank Limited has announced a strategic change on its Board of Directors, with Olatunji Mayaki as the new Chairman effective January 1, 2024.
The...