Despite the backdrop of the positive growth reported for the Nigerian economy in the second quarter 2021 amidst the adverse effect of the COVID-19 pandemic and the drop in Nigeria oil production, a few numbers of commercial banks have recorded impressive growth in their revenues.
Findings from the financial results of five leading banks listed on the Nigerian Exchange Limited (NGX) show that the combined gross earnings grew marginally.
The recent reduction in petrol prices by the Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery has sparked optimism and debate about the benefits of deregulation in Nigeria’s downstream oil sector.
Former vice President of Nigeria, Atiku Abubakar, has raised concerns about sustainability of the proposed 2025 national budget. Atiku said the budget lacks all it takes in terms of structural reforms and
What is the Dollar to Naira Exchange rate at the black market, like the Aboki Fx? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market
The Dangote Refinery announced a strategic partnership with MRS to sell Premium Motor Spirit (PMS), commonly known as petrol, at ₦935 per litre nationwide. This initiative is aimed at ensuring that recent
In what seems like an emerging competition in the downstream sector, the Nigeria National Petroleum Company Limited (NNPCL), has cut its ex-depot price of Premium Motor Spirit (PMS), also known as petrol
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