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The import of Premium Motor Spirit (petrol) into Nigeria dropped by 13.77 percent to 20.30 billion liters in 2023 compared to 23.54 billion liters in 2022....
The World Bank has approved three new loan requests totalling $1.57bn in financing for Nigeria. According to a statement released on Monday, the approval is to...
The Technical Sub-Committee on Domestic Sales of Crude Oil in Local Currency, on Sunday, confirmed that the supply of crude in naira by the Nigerian National...
The Minister of Interior, Olubunmi Tunji-Ojo, on Friday justified the increase in passport fees, stating that the rise was only about 45 percent. According to him,...
By Kenneth Ojobor The Managing Director and Chief Executive Officer of Nigeria LNG, Philip Mshelbila, disclosed that the company is committed to supplying more liquefied petroleum...
By Kenneth Ojobor Oil marketers are seeking to deal directly with the Dangote Petroleum Refinery instead of buying the company’s Premium Motor Spirit, popularly called petrol,...
By Kenneth Ojobor The Governor of Enugu State, Peter Mbah, has wooed the Nigerian diaspora community in the Guangdong Province of China to come and invest...
By Kenneth Ojobor The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the monetary policy rate, which measures the benchmark interest...
By Kenneth Ojobor Nigerian shipowners have said the country is losing about $86bn annually to foreign dominance in the freight forwarding business. They said the Federal...
Nigeria’s external reserves, which represent the country’s stock of foreign currency, have reached a 22-month high of $37.39 billion as of September 19, 2024. Data from...
