Finance & Economy

DSS To Track Cross-border Fuel Smuggling, As 270 Filling Stations Shut Down

The Federal Government shut down over 270 filling stations amid scarcity of Premium Motor Spirit (PMS) and a hike in… Read More

1 year ago

Dollar Rate Falls By 0.80% In Bureau De Change Window

The exchange rate depreciated in the Bureau De Change window of the black market on Wednesday, 1, February 2023, after… Read More

1 year ago

Buhari Charges MOFI Board To Grow FG’s Assets To ₦100trn In 10 Years

President Muhammadu Buhari, Wednesday in State House, Abuja, charged the Ministry of Finance Incorporated (MOFI) to grow its Assets Under… Read More

1 year ago

Oil Price Rises, As Nigeria’s Failure To Meet Quota Drags OPEC Output Down

Despite Nigeria claiming the spot of the largest crude oil producer in Africa, it failed to meet its quota in… Read More

1 year ago

Fuel Scarcity: Edo Receives 784,000 Litres Of Petrol, Task Force Set To Monitor Distribution, Pricing

Edo State Government has said it is stepping up efforts to find lasting solutions to distribution challenges and price hikes… Read More

1 year ago

EFCC Arrests Racketeers Of New Naira Notes

Operatives of the Economic and Financial Crimes Commission (EFCC), have arrested members of a  syndicate of currency racketeers hoarding and… Read More

1 year ago

NCDMB Pledges Continuous Support To Local Content Development In Africa

The Nigerian Content Development and Monitoring Board (NCDMB) is ever ready to support other African nations in developing and implementing… Read More

1 year ago

Naira Gains Against Dollar, As Exchange Rate Falls In Black Market, Official Window

The exchange rate between the Naira and the United States Dollar (USD) depreciated on Monday, 30, January, 2023, on the… Read More

1 year ago

Fuel Scarcity Protest In Edo Enters Day 2, As Youths Block Benin-Lagos Expressway

Protest over fuel scarcity which started in parts of Edo State on Monday morning, entered Tuesday, with angry youths blocking… Read More

1 year ago

Video: New Naira Scarcity Forces Nigerians To Fight At ATMs

The biting scarcity of the new naira notes, worsened by the deadline set by the Central Bank of Nigeria (CBN),… Read More

1 year ago

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