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Latest News in Nigeria - Page 30

PMS Price: Marketers Raise Concerns Over Epileptic Fuel Supply

Petroleum marketers in Nigeria have voiced concerns that unstable Premium Motor Spirit (PMS) prices might cause erratic fuel supply at filling stations. They noted that while there is no shortage of products due to local refining, station owners are increasingly hesitant to

January 28, 2025

N24bn Loan: Nigeria Trapped In A Vicious Cycle Of Debt – Atiku

News·Politics

Judiciary Now Biggest Threat To Nigeria’s Democracy – Atiku Reveals

Atiku Abubakar, Nigeria’s former Vice President and the 2023 Presidential candidate of the People’s Democratic Party (PDP), has described the Judiciary as the “biggest threat to Nigeria’s democracy.” He made this statement on Monday during the National Conference on Strengthening Democracy in

January 28, 2025

The equity market closed in positive territory for the second time this week as stocks rose by 0.04%. Investors traded N15.07bn worth of shares.

Business·Markets·News

Nigeria’s Equity Market Rises By 0.79% As Investors Focus On Key Stocks

Nigeria’s equity market experienced a 0.79% rise on Monday, with several stocks pushing the market higher. Beta Glass, Access Holdings, and Skyway Aviation Handling Company were among the leading gainers, helping the Nigerian Exchange Limited (NGX) All-Share Index (ASI) rise from 103,598.3

January 28, 2025

Naira Falls Against Dollar Across FX Markets

Business·News

Naira Appreciates To N1,650/$1 As Dollar Weakens Globally

The naira showed strength on Monday, appreciating to N1,650 per dollar in the parallel market, marking a 0.6% gain from Friday’s rate of N1,660. “This development is a positive sign for the naira as it signals a slight improvement in the local

January 27, 2025

News·World News

Trump Secures Colombia’s Compliance On Deportation Flights, Suspends Sanctions

The White House revealed Sunday that Colombia has agreed to accept deported citizens, including on U.S. military flights, after President Donald Trump issued threats of sanctions. This announcement follows weeks of tension between the two nations over deportation protocols as reported by

January 27, 2025

Dangote Petrol Price Cut: We Expected Lower Price – Nigerians

Business·News·Oil & Gas

Why Marketers May Dump Dangote Fuel

Oil marketers in Nigeria have expressed concerns about the current pricing dynamics in the downstream sector. Recent data reveals that the landing cost of imported Premium Motor Spirit (PMS) has dropped to N922.65 per litre, which is N32.35 lower than the price

January 27, 2025

Business·News

Tomatoes Prices Drop By 90% As Farmers Celebrate Bumper Harvest

The price of tomatoes has dropped significantly in Lagos and other major cities, bringing much-needed relief to households across Nigeria. Farmers are attributing this development to a bumper harvest recorded during the January -March harvest period. In Lagos, the price of a

January 27, 2025

List Of Countries Nigerians Can Visit Where Naira Is Stronger

Business·FEATURES·News

Inflation: Has The Naira Become Victim Of Policy Missteps?

The naira, Nigeria’s currency, has been on a turbulent journey, facing consistent depreciation and mounting inflationary pressures. As inflation rises to alarming levels and fiscal deficits continue to grow, experts are raising questions about whether government policies are doing more harm than

January 27, 2025

5 Reasons Nigeria's Crude Oil Production is Declining – And What Next

Business·News·Oil & Gas

Nigeria Needs Improved Security, Investment To Achieve Over 2 mbpd Crude Oil Production – Report

Nigeria must tackle security challenges, boost investments, and implement stronger regulatory frameworks to achieve its crude oil production target of 2.06 million barrels per day (mbpd) by 2025, a recent report by PricewaterhouseCoopers (PwC) has stated. Nigeria’s Current Crude Oil Production The

January 26, 2025

Business·News

Price of Cooking Gas Rises By 44.62% In One Year – NBS

The Nigeria Bureau of Statistics (NBS) has revealed that the price of cooking gas rose significantly in 2024. According to the NBS Liquefied Petroleum Gas (Cooking Gas) Price Watch for December 2024, the cost of refilling a 5kg cylinder increased from N4,962.87

January 26, 2025

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Latest News in Nigeria - Page 30

PMS Price: Marketers Raise Concerns Over Epileptic Fuel Supply

Judiciary Now Biggest Threat To Nigeria’s Democracy – Atiku Reveals

Nigeria’s Equity Market Rises By 0.79% As Investors Focus On Key Stocks

Naira Appreciates To N1,650/$1 As Dollar Weakens Globally

Trump Secures Colombia’s Compliance On Deportation Flights, Suspends Sanctions

Why Marketers May Dump Dangote Fuel

Tomatoes Prices Drop By 90% As Farmers Celebrate Bumper Harvest

Inflation: Has The Naira Become Victim Of Policy Missteps?

Nigeria Needs Improved Security, Investment To Achieve Over 2 mbpd Crude Oil Production – Report

Price of Cooking Gas Rises By 44.62% In One Year – NBS

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