Naira Falls Against Dollar Across FX Markets

Naira Falls To N1,562.66/$ On Monday

Nigerian naira opened the week on a negative note, as it recorded losses at the official segment of the foreign exchange market on Monday, 23 September 2024. The local currency exchanged N1,562.66 against the dollar on Monday, according to the Nigeria Autonomous
September 23, 2024
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NNPCL VS Dangote Refinery: Price War Or Fraud?

NNPCL and Dangote Refinery in Pricing Controversy A fresh storm is brewing in Nigeria’s energy sector as the Nigeria Labour Congress (NLC) accuses the Nigeria National Petroleum Corporation Limited (NNPCL) and Dangote Refinery of engaging in fraudulent practices regarding fuel pricing. The
September 20, 2024
Nigeria’s Oil Production Declines By 33,000 Barrels As OPEC Reports Setback In September

Taxes, Not Oil Prices, Driving Fuel Costs- OPEC

The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has disclosed that taxes imposed by major oil-consuming countries, not oil prices, are the main driver behind rising fuel costs at the pump. Al Ghais revealed this during
September 19, 2024
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