Kaduna: Electricity employees issue fresh 7-day ultimatum
A seven-day ultimatum has been given to the Kaduna Electricity Distribution Company by the National Union of Electricity Employees, NUEE, to resume negotiations over the...
DSTV, Gotv increase subscription tariff for Nigerians
Nigeria’s pay television, Multichoice, has announced a plan to increase subscription prices for DStv and GOtv packages effective from March 1, 2025. Multichoice disclosed this...
Naira hits seven-month high, strengthens to N1,500/$ in parallel market
The Naira maintained its upward momentum in the parallel market, appreciating to N1,500 per dollar yesterday from N1,530 per dollar recorded over the weekend. This...
We have over N600bn worth of petrol in store ― Dangote
Aliko Dangote, the President of Dangote Industries Limited, has revealed that his refinery has enough Premium Motor Spirit, PMS, in storage to sufficiently meet the...
Truck ban will reduce fuel supply to North – NARTO
The Nigerian Association of Road Transport Owners has expressed concern over the potential impact of the Federal Government’s impending ban on large tankers carrying over...
Naira records depreciation against dollar
The Naira dropped slightly against the dollar to end the week at both the official and parallel foreign exchange markets for the first time in...
NNPC fails to remit N13.7tn into Federation account
The Nigerian National Petroleum Company Limited has failed to remit N13.763 trillion in revenue to the Federation account. This is according to a document obtained...
Naira appreciates to N1500/$
The Naira has continued to appreciate against the dollar at the parallel foreign exchange market. This comes as the Naira strengthened to N1,500 against the...
CBN probes 19.7 million dormant bank accounts
The number of dormant bank accounts in Nigeria is over 19.69 million, according to the industry customer account database released by the Nigeria Inter-Bank Settlement...
Naira continues to rise against dollar
The Nigerian currency, Naira, has continued its appreciation against the dollar at the parallel foreign exchange market. It appreciated to N1,505 per dollar on Wednesday...