The Dangote Petroleum Refinery has refuted claims that it filed a lawsuit against Nigerian National Petroleum Company Limited, Nigerian Midstream…
Foreign remittances surge to $600m
The Central Bank of Nigeria (CBN) facilitated the remittance of approximately $600 million through International Money Transfer Operators (IMTOs) in…
CBN to unveil revamped website soon – Cardoso
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has revealed that the bank is currently working to launch…
FG plans cash transfer for 20 million poor Nigerians
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the increase in Nigeria’s revenue…
Dangote To Begin Crude Oil Production Soon, Says Report
Dangote Group is looking to start production at its two Nigerian oil assets in the fourth quarter of 2024, after…
Naira drops against dollar amid fresh fuel price hike
The naira depreciated significantly against the dollar at the foreign exchange market as the Nigerian National Petroleum Company Limited, NNPCL,…
Oil yet to lifted from Dangote Refinery – IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that it is still in negotiations with the Dangote Refinery…
Naira-for-crude: Dangote refinery to get 400,000 barrels daily — Report
The Federal Government is set to supply up to 400,000 barrels of Nigerian crude oil daily to the Dangote refinery…
NNPC quits as middleman in Dangote Refinery petrol purchase
The Nigerian National Petroleum Company Limited (NNPC) is ending its exclusive purchase agreement with Dangote Refinery, opening up the market…
CBN sells $543.5m to stabilise FX market in September
The Central Bank of Nigeria (CBN) has revealed that it sold a total of $543.5 million (N844,920,000,000.00) to authorised dealer…