When we look at this month, USD was traded at ₦1614 at the beginning of […]
Category: Business
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“BREAKING: Nigeria Experiences First Inflation Decrease Since 2022”
Nigeria’s inflation fell to 33.40 percent in July 2024 from 34.19 percent in June on […]
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U.S. stock market gains as inflation slows down
NEW YORK, New York – The consumer price index (CPI), for July, rose 0.2 percent, […]
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Milestone Achieved: Port Harcourt Refinery Resumes Operations, Say Experts
Nigerian oil marketers are hopeful that the Port Harcourt Refinery will soon begin commercial production, […]
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JUST IN: President Tinubu to Launch Innoson Motors’ New CNG Buses
President Bola Ahmed Tinubu is scheduled to commission a fleet of Compressed Natural Gas (CNG) […]
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Breaking Nesw: Igbo Man Secures Petroleum Contract with Venezuelan Government.
Veteran journalist and publisher of Ovation Magazine, Dele Momodu, took to his Facebook page on […]
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Charcoal Prices Soar in Kano
Some residents of Kano, who depend on charcoal for cooking and other energy needs, have […]
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#EndBadGovernanceInNigeria: Abuja youths declare week of peace
The Abuja Residents Youth Association has declared a week of peace, beginning on 11 August, […]
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Governor Abba Yusuf Inspects Wheelbarrows He Wants to Use to Empower Youths In Kano (Video)
Critics question the effectiveness of the wheelbarrow distribution as a means of economic empowerment. Kano […]
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BREAKING: Taiwan’s stock market crashes to worst day in 57 years
Taiwan’s stock market crashes to worst day in 57 years – Bloomberg
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The Naira hits its lowest exchange rate against the dollar in four months.
Naira’s depreciation against the dollar reached the lowest mark since March 2024 on Tuesday. FMDQ […]
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President Tinubu Orders NNPC to Sell Crude Oil to Dangote Refinery in Naira.
President Bola Ahmed Tinubu has instructed the Nigerian National Petroleum Company Limited (NNPCL) to conduct […]
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Dangote lowered the price of diesel from N1200 to N800. “Sowunmi mentioned that one of the importers was upset
Olabode Sowunmi, an Oil and Gas Expert, has shed light on tensions arising in Nigeria’s […]
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Breaking: Cement Current Price As Reps take action, issue new directives to Dangote, BUA, Lafarge, others
The House of Representatives Joint Committee investigating the increase in cement prices in the country […]
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CBN announces a rise in the interest rate to 26.75%
The Central Bank of Nigeria (CBN) again, on Tuesday, increased the Monetary Policy Rate (MPR), […]
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Nigerian Government Declares End to Era of Purchasing Fuel at N750 per Liter
The Nigerian government said the era of buying Premium Motor Spirit, known as fuel between […]
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Bayo Onanuga responds to footage of Dangote stating he spent $100 million on land for an oil refinery project in Lagos.
The Special Advisor on Information and Strategy to President Bola Ahmed Tinubu, Bayo Onanuga, responded […]
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Cardoso: CBN Policy Drives Nigeria’s External Reserves to $36.89 Billion
In a significant development, Nigeria’s external reserve has surged to a record high of $36.89 […]