Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says the bank is collaborating with the Securities and Exchange…
Nigerian govt vows to sustain oil production above OPEC quota
The Nigerian government has vowed to sustain its crude oil production above a 1.5 million barrel per day monthly average…
NOGASA resumes supply of petrol products to telcos to halt network shutdown
The Natural Oil and Gas Suppliers Association of Nigeria has directed its members to resume business with IHS and other…
NCAA announces suspension of ValueJet’s crew licences, gives reason
The Nigeria Civil Aviation Authority on Tuesday announced the suspension of ValueJet crew members licences over a breach of safety…
Fuel price nears N1,000 per litre in Nigeria as marketers, retailers trade blame
Petroleum product marketers and retailers are trading blame as the premium motor spirit pump price nears N1,000 per litre in…
NNPCL boss, Ojulari not forced to sign resignation letter – Presidency
Nigeria’s presidency has said that the Group Chief Executive Officer of Nigerian National Petroleum Company Limited, Bayo Ojulari, has not…
Naira continues depreciation against dollar after CBN fails to cut interest rate
The Nigerian naira continued to depreciate against the dollar at the official foreign exchange market on Tuesday as the Central…
CBN MPC retains Nigeria’s interest rate at 27.50%
The Central Bank of Nigeria’s Monetary Policy Committee meeting has retained the country’s interest rate at 27.50 percent.The Governor of…
CBN fixes date for Monetary Policy Committee meeting
The Central Bank of Nigeria has announced Monday and Tuesday, July 21 and 22, 2025, as the 301st Monetary Policy…
BREAKING: Nigerian petrol marketers to reduce fuel prices nationwide
The Nigerian Petroleum Products Marketers Association of Nigeria has announced a plan to reduce the premium motor spirit price from…