PETROAN lauds NNPC over drop in fuel price
Petroleum Retailers Outlets Owners Association has commended the Nigerian National Petroleum Company Limited, NNPCL, for its petrol price reduction. This was disclosed in a statement...
Naira falls to N1,510/$ in parallel market
The naira weakened further in the parallel market on Monday, trading at N1,510 per dollar, down from N1,505 over the weekend. Meanwhile, in the Nigerian...
Naira appreciates against dollar
Naira appreciated against the dollar to end on positive note at the official foreign exchange market on Friday. The Central Bank of Nigeria’s exchange rate...
Naira drops to N1,495/$ in parallel market
The Naira continued its decline in the parallel market on Thursday, trading at N1,495 per dollar, down from N1,490 per dollar recorded on Wednesday. Similarly,...
Naira devaluation: MTN reports N400bn loss
MTN Nigeria reported a N400.44bn loss after tax for the year ended December 31, 2024, as the devaluation of the naira drove up foreign exchange...
Why we allowed 50% telecom tariff hike — FG
The Federal Government has defended its decision to approve a 50 per cent tariff hike for telecommunications services, citing job protection for Nigerians and the...
Maintain status quo on subscription prices – FCCPC to MultiChoice
The Federal Competition and Consumer Protection Commission, FCCPC, on Thursday directed MultiChoice Nigeria to maintain its current subscription prices pending the outcome of ongoing investigations....
Fuel price drop: Group backs NNPCL’s reforms
A Niger Delta anti-pipeline vandalization group has backed the reforms championed by the Nigerian National Petroleum Company Limited to stabilise the country’s oil and gas...
FCCPC summons MultiChoice over DStv, GOtv price hike
The Federal Competition and Consumer Protection Commission (FCCPC) has summoned MultiChoice Nigeria to provide explanations regarding its planned subscription price increase, scheduled to take effect...
FG eyes fresh World Bank loan
The Federal Government is set to secure six new loans totalling $2.23bn from the World Bank in 2025 as the international financial institution continues to...