The Nigeria Customs exchange rate for calculating import duty at the ports has decreased by N31.32 to N1593.41/$ from N1,624.732/$ last week.
MoreSurging inflation in Nigeria has, in the views of economic experts, plunged the West African country into the worst economic crisis in years,
MoreAmid the clamor and consternation surrounding the purported N3.7 trillion budget padding by senators, a startling revelation has emerged, shedding light on Nigeria’s expenditure of N2 trillion on constituency projects since 2003.
MoreNigeria's headline inflation rate hit a record high of 31.70 per cent in February 2024.
This is an increase of 1.80 per cent from 29.90 per cent recorded in January 2024
MoreAs Nigerian consumers reel under the heavyweight of high cost of petroleum products, the Nigerian National Petroleum Company Limited (NNPCL), has reiterated its determination to end the decades-long importation of the products into
MoreA Nigerian energy services firm, Westfield Energy Resources Limited, has won an offshore pipeline installation contract in India said to be worth about $ 85 million.
MoreThe value of Nigeria’s currency, the naira, dropped by 0.78 per cent on Wednesday in the official window of the foreign exchange market. According to data published on the FMDQ Exchange platform
MoreThe Executive Order on oil and gas reforms signed recently by Present Bola Ahmed Tinubu will play a pivotal role in unlocking the development of non-associated gas (NAG) in Nigeria, says Managing
MoreIn its quest to support efforts by the Federal Government to mitigate the raging food crisis, the Central Bank of Nigeria (CBN), has donated 2.15 million bags of fertilisers worth over N100 billion to
MoreAside from multinational firms, there are several indigenous companies that play significant roles at various levels in Nigeria’s oil and gas industry. With the ongoing trend of multinationals making efforts to exit,
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