Business

Prada To Buy Rival Versace For 1.25 bn Euros

Italian fashion giant Prada announced on Thursday that it has agreed to acquire Versace from the American company Capri Holdings for 1.25 billion euros...

Dangote Refinery Slashes Petrol Price

The Dangote refinery has notified marketers and customers of a N15 reduction in its ex-gantry loading price for fuel, now set at N865 per...

FG Meets With Dangote Officials, Makes Fresh Announcement On Naira-For-Crude

The Federal Government has clarified that its policy of allowing local refineries to pay for crude oil in naira is not a short-term fix...

U.S. Criticises Nigeria’s Import Ban On 25 Products

The United States Trade Representative (USTR) stated on Monday that Nigeria's ban on importing 25 categories of products negatively affects American exporters, particularly those...

FG Takes Action After Trump’s Tariff

Finance Minister Wale Edun has announced that the Nigerian government will focus on boosting non-oil revenue as a strategy to mitigate the impact of...

Naira Falls To N1,629/$ Despite $668m CBN Intervention

Despite the Central Bank of Nigeria (CBN) injecting $688.8 million into the official Nigerian Foreign Exchange Market (NFEM), the naira's exchange rate against the...
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