CBN Issues Directives as Abuja Bureau De Change Operators Suspend Operations
The Bureau De Change (BDC) operators in Abuja have suspended their operations in response to the significant depreciation of the...
Business
Senate Committee Summons CBN Governor Over Naira’s Forex Decline
The Senate Committee on Banking, Insurance, and other Financial Institutions has issued a summons to the Governor of the Central...
Dangote Refinery’s Import of US Crude Sparks Debate
The Dangote Refinery, a monumental $20 billion project, is set to diversify its crude oil sources by importing two million...
CBN Releases US$500 Million to Address Forex Backlog, Aims to Boost Market Liquidity
The Central Bank of Nigeria (CBN) has taken decisive steps to tackle the backlog of verified foreign exchange (forex) transactions,...
Eminent Figures to Analyze President Tinubu’s Economic Reforms at 2024 Daily Trust Dialogue
The upcoming 21st Annual Daily Trust Dialogue, scheduled for Thursday in Abuja, is set to feature a lineup of distinguished...
NAFDAC Under Fire Over Alleged Delay in Investigating Plantain Chips Controversy
The National Agency for Food and Drug Administration and Control (NAFDAC) has launched an investigation into an allegation that a...
Nigeria’s Food Inflation Reaches 33.93% in December 2023, Reflecting Growing Price Pressures
Nigeria experienced a surge in food inflation, reaching 33.93% in December 2023, up from 32.83% in November of the same...
Dangote Group Condemns EFCC’s Handling of Document Request
Dangote Industries Limited has responded to the recent visit by officials of the Economic and Financial Crimes Commission (EFCC) to...
OPEC+ Implements Production Cuts Amidst Market Uncertainty, Nigeria Projects Growth
The Organization of Petroleum Exporting Countries (OPEC) has maintained a stable crude oil production, averaging 28.05 million barrels per day...
Nigerian Petroleum Retailers Association Commends FG for Fuel Price Stability
The Petroleum Retailers Outlet Owners Association of Nigeria has praised the Federal Government and the Nigerian National Petroleum Corporation Limited...
