Business

Naira Depreciates To N1,700 In Parallel Market

The Naira weakened on Friday, falling to N1,700 per dollar in the parallel market, compared to N1,675 per dollar the previous day. In contrast, the...

Why Foodstuff Prices Are Not Coming Down – BUA chairman

The Chairman of BUA Foods Plc, Abdul Samad Rabiu, on Thursday attributed the artificial scarcity and rising prices of foodstuffs in Nigeria to the...

Naira Depreciates Again In Parallel Market, NAFEM

The Naira depreciated yesterday to N1,680 per dollar in the parallel market, down from N1,655 per dollar on Tuesday. Similarly, in the Nigerian Autonomous Foreign...

Why FG Can’t Intervene In NNPCL, Dangote Petrol Price Controversy – Presidency

The Presidency has clarified why government agencies cannot intervene in the ongoing price dispute between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote...

Petrol Price 40% Cheaper In Nigeria Than Saudi Arabia Doesn’t Make Sense – Dangote

Nigerian billionaire businessman and owner of Dangote Refinery, Aliko Dangote, has described petrol pricing in Nigeria as unsustainable, particularly when compared to other countries...

How Nigeria Can Stabilise Exchange Rate, Strengthen Naira – Cardoso

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has urged for an immediate increase in oil production and a comprehensive economic...
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