Business
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Naira Closes Week Stronger, Gains 1.07% at Official Forex Market
The Naira closed the week on a positive note, appreciating to N1,421.73 per dollar at the official foreign exchange market…
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Fuel Import Duty Hikes: Tinubu Approves 15% Ad-Valorem Tariff
President Bola Tinubu has given his approval for a 15 percent ad-valorem import duty on diesel and premium motor spirit…
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Cooking Gas Prices Drop Across Nigeria as Supply Improves
Prices of liquefied petroleum gas (LPG), popularly known as cooking gas, have begun to drop across Nigeria after weeks of…
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Inflation Cools to 18.02% in September, Driven by Drop in Food Costs
The National Bureau of Statistics (NBS) has reported a decline in Nigeria’s headline inflation, which fell to 18.02% in September…
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Fuel Price Hits ₦992 as NNPCL Adjusts Pump Rates Across Nigeria
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol from ₦865 to ₦992 per litre,…
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Why Cooking Gas Price Soared to ₦2,000 Per Kilogram — Marketers Explain
Nigerians have expressed deep frustration over the sudden surge in the price of cooking gas, which now sells for as…
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CBN Slashes Interest Rate to 27% in First Adjustment of 2025
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the benchmark interest rate to 27.00…
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Africa Can Secure Its Energy Destiny, Says NNPC Boss Ojulari
The Group Chief Executive Officer of NNPC Limited, Engr. Bashir Bayo Ojulari, has restated Nigeria’s commitment to collaborating with other…
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Unlocking The Economic Potential of Nigeria’s Shea Industry
Amid Nigeria’s urgent quest for economic diversification, the shea industry stands out as a largely untapped asset. With global demand…
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44.5% Jump in Cooking Gas Prices in One Year – NBS
The National Bureau of Statistics (NBS) has revealed a significant increase in the price of cooking gas, with a 44.5%…
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