Business

10 States With Lowest IGR In 2023

According to the latest data from the National Bureau of Statistics (NBS), Nigeria’s 36 states and the Federal Capital Territory (FCT) collectively generated N2.43...

Ghana Plans Fuel Imports From Dangote Oil Refinery

Ghana may purchase petroleum products from Nigeria’s Dangote Oil Refinery once it is operating at full capacity, according to the head of Ghana's oil...

Pick N Pay Joins List Of IOCs’ Exit From Nigeria – Report

South African grocery retailer Pick n Pay announced plans to exit Nigeria by selling its 51% stake in a joint venture as part of...

Naira Depreciates By 4.41% Against Dollar At Official Market

On Monday, the naira depreciated in the official market, trading at N1,670.65 to the dollar. Data from the FMDQ Exchange, which manages the Nigerian Autonomous...

Oil Price Drops Significantly

The price of oil has dropped significantly as Middle Eastern tensions appeared to ease. For the first time since the beginning of the month, Brent...

New Exchange Rate Emerge As Naira Depreciates In Both Official And Parallel Markets

On Monday, the naira depreciated in both the official and parallel markets, reaching rates of 1,670.75/$ and 1,748/$, respectively, as daily foreign exchange turnover...
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