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Tinubu Approves 15 Percent Import Duty on Petrol and Diesel
President Tinubu has approved a 15 percent import duty on petrol and diesel imports to strengthen local refining and stabilise the domestic oil market
October 30, 2025
News
IHS Nigeria Cuts Fuel Use By 50 Million Liters Through Project Green
IHS Nigeria cut diesel use by 50 million liters after investing $750 million in hybrid and solar power systems.
October 30, 2025
News
Nigeria’s Inflation Battle Intensifies as MPC Meets
Nigeria's inflation battle intensifies as the MPC meets to decide on measures to curb rising prices. Key areas include interest rates, currency stability, and food security.
July 23, 2024
News
Naira Gains Put Spotlight on Petrodollar Inflow
In a striking turn of events, Nigeria's currency, the naira, has experienced a noteworthy...
April 18, 2024
News
Stronger Naira Fails to Alleviate Food Insecurity Woes
Despite the recent strengthening of Nigeria's currency, the Naira, against the US dollar, many...
April 16, 2024
News
Presidency Forecasts Enhanced Investor Confidence with Naira Performance
The Presidency in Nigeria has expressed optimism regarding the performance of the Naira, projecting...
April 12, 2024
News
Nigeria’s Foreign Exchange Reserves Hover Near Two-Month Low at $33.36 Billion
Nigeria's foreign exchange reserves are approaching a two-month low, standing at $33.36 billion, signaling...
April 10, 2024
News
Naira Soars Below N1,600: A Glimmer of Economic Hope
The Nigerian Naira is showing promising signs of recovery, with its value appreciating to...
March 20, 2024
News
Nigeria’s Central Bank Boosts Dollar Inflow to $1.3 Billion
Nigeria’s central bank has increased its dollar inflow to $1.3 billion in February 2021,...
March 8, 2024
News
Nigeria’s Currency Crisis: How Floating the Naira Backfired
Nigeria, Africa's largest economy, is facing a severe currency crisis that has been worsened...
March 5, 2024
Business
Naira Gains Strength as Foreign Reserves Grow**
The Nigerian currency, the naira, has appreciated against the US dollar in the parallel...
February 23, 2024
News
Presidency Slams Atiku’s Naira Floatation Plan
Former Vice President Atiku Abubakar has been criticized by the presidency for his proposal...
February 20, 2024
News
CBN Bans Cash Payout for Travel Allowances
The Central Bank of Nigeria (CBN) has announced a new policy that prohibits authorized...
February 16, 2024
News
Nigeria’s Naira Plummets to All-Time Low Against Dollar
Nigeria’s currency, the naira, has fallen to a record low of 1,534.39 per dollar...
February 13, 2024
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News
Tinubu Approves 15 Percent Import Duty on Petrol and Diesel
President Tinubu has approved a 15 percent import duty on petrol and diesel imports to strengthen local refining and stabilise the domestic oil market
October 30, 2025
News
IHS Nigeria Cuts Fuel Use By 50 Million Liters Through Project Green
IHS Nigeria cut diesel use by 50 million liters after investing $750 million in hybrid and solar power systems.
October 30, 2025
News
Lagos Waterfront Demolition Leaves Oworonshoki Families Homeless, Desperate
Hundreds of Oworonshoki residents remain homeless after a midnight demolition left families struggling to survive in open fields.
October 30, 2025
News
Nigeria’s Service Chiefs Outline Plans To Tackle Security Challenges
Nigeria’s new military leaders outlined clear plans to strengthen internal security and called for reforms in the police system.
October 30, 2025