The House of Representatives has urged the Central Bank of Nigeria (CBN) to as a matter of urgency address the lingering scarcity of naira notes, calling for an investigation into…
Category: Business
Bitcoin hits $100,000 for first time
Bitcoin broke $100,000 for the first time Thursday as traders cheered Donald Trump’s decision to pick a crypto fan to head the US securities regulator, reinforcing optimism the new president…
Dangote announces reduction in petrol price
Dangote Refinery has announced reductions in its price of Premium Motor Spirit (PMS), also known as petrol, for marketers. Dangote, in a statement on Sunday signed by Anthony Chiejina, Group…
Oyebanji Restates Backing for Ekiti Business Owners As LG Lifts 250 Traders
The Ekiti State Governor, Biodun Oyebanji, has promised solid financial backing for the drivers of Micro, Small and Medium Enterprises (MSMEs) as his government’s efforts on poverty mitigation policy. This…
Naira appreciates to N1,720/$ in parallel market
The Naira appreciated to N1,720 per dollar in the parallel market from N1,725 per dollar on Monday. Similarly , the Naira appreciated to N1,671.32 per dollar in the Nigerian Autonomous…
Petrol Landing Cost comes down From N945.63/litre To N939.86 –MEMAN
Fuel landing cost has reportedly dropped to N939.86 as of November 1, 2024 from N945.63/litre as of September 27. The fuel landing cost was N981/litre on September 25, 2024. These…
We sell petrol at N960, N990 – Dangote refinery
Dangote Refinery on Sunday revealed its petrol prices , saying it sells fuel at N960 per litre into ships and N990 per litre into trucks. A statement signed by its…
Naira appreciates to N1,715 in parallel market
The Naira reportedly yesterday appreciated to N1,715 per dollar in the parallel market from N1,725 per dollar last weekend. However, the Naira yesterday depreciated to N1,603.16 per dollar in the…
How rich people invest their money
Rich people invest their money in various ways, diversifying their portfolios across cash reserves, real estate, and stocks to ensure growth and security over time. Cash and cash equivalents offer…
Dangote seeks Float crude oil production to boost capacity of $20bn refinery
Dangote Group has planned to enhance oil production in it’s refinery by seeking a floating production, storage and offloading, FPSO vessel with 650,000 barrels capacity for its planned oil production.…