Dangote Petroleum Refinery has warned that the recent directive issued by the Petroleum and Natural Gas Senior Staff Association of […]
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Naira Ranks Ninth Weakest Currency In Africa
The Nigerian Naira has been ranked as the ninth weakest currency in Africa, according to a Forbes currency calculator report […]
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Nigerian Crude Oil Hits $70/barrel Amid Global TensionsÂ
Nigerian crude settled at about $70 per barrel, up from $68 earlier in the week. This is because U.S. crude […]
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BUA Boss Predicts Naira Will Strengthen To N1,300 By Year-end
Abdul Samad Rabiu, president of BUA Group, has predicted that the naira will strengthen to between ₦1,300 and ₦1,400 to […]
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CBN Introduces 75% CRR On Non-TSA Public Sector Deposits
The Central Bank of Nigeria (CBN) has introduced a 75 percent cash reserve ratio (CRR) on non-treasury single account (TSA) […]
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FLASH: CBN Cuts Interest Rate To 27%
The Central Bank of Nigeria (CBN), on Tuesday, announced a reduction in its Monetary Policy Rate (MPR) by 50 basis […]
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Nigeria’s Economy Grows By 4.23 Percent In Q2 2025
Nigeria’s economy grew by 4.23 percent year-on-year in real terms in the second quarter of 2025, according to the National […]
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Nigeria Met 96% OPEC Quota In August; Output Averaged 1.63 Million Barrels Per Day: NUPRC
Nigeria’s upstream oil sector has recorded a year-on-year output increase, averaging 1.63 million barrels per day (bopd) of crude oil […]
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Tinubu’s Reforms In Oil, Gas Sector Deliver 28 FDPs Worth $18 Billion – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed that President Bola Tinubu’s renewed hope competitive reform agenda has delivered […]
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FLASH: FG Suspends 4% FOB Levy On Imported Goods
The Federal Government has suspended the 4% Free on Board (FOB) charge recently imposed on imported goods by the Nigeria […]
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