The Dangote Petroleum Refinery has announced a reduction in the price of Automotive Gas Oil, popularly called diesel, from N1,200/litre to N1,000/litre. It announced this in a statement issued on…
The Nigerian naira has strengthened further across the foreign exchange (forex) markets amid expectations that the national currency will continue to gain weight in the period ahead. At the Nigerian…
Guaranty Trust Holding Company (GTCO) Plc grew pre-tax profit by 184.5 per cent to N609.3 billion in 2023. Key extracts of the audited report and accounts of GTCO for the…
Imports of raw materials into the country rose by 25 per cent to N3tn in 2023 and this is according to the Foreign Trade Statistics data published by the National…
The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last week Thursday. This indicates an increase…
The $20bn worth Dangote Petroleum Refinery has commenced the sale of Automotive Gas Oil, popularly called diesel, to oil marketers nationwide. Dealers and officials of the plant confirmed this…
Economists have stated that it will take some time for Nigerians to feel the impact of the current strengthening of the naira against the dollar on the prices of commodities…
BUA Foods has improved profit after tax by 22.72 per cent to N112.1bn in 2023 from the N91.3bn reported in the prior year. According to its annual report and…
The Central Bank of Nigeria has said that it recorded an inflow of over $1.5 bn into the economy over the past few days, indicating that its monetary policy efforts…
Following the exit of Binance from Nigeria, cryptocurrency traders are seeking other naira exchange platforms to carry out their trading. The Nation reported that Binance, on March, 5 announced plans…