NCC Boss Alerts, Switching off mobile data during idle periods can significantly reduce consumptionAkpabio Seeks Stronger Collaboration With ChinaNAF pharmacist makes history with triple honors at PSN national conferenceEFCC – Olukoyede to Nigerian Youths, Replace Cybercrimes With Cyber ValuesMC Oluomo Assumes Office As President Despite Court Order
21
Nov, Thursday
0°C
Current location
Category: Economy and Capital Markets
Dangote Petroleum Refinery Crashes Diesel and Aviation Fuel Prices to N940 and N980, Respectively
Dangote Petroleum Refinery has, again, announced a further reduction in the prices of both diesel and aviation fuel to N940, N980 per litre respectively. This is coming in…
Read More
Naira tumbles to N1,234/$ at official market, speculators resume hoarding
The naira depreciated in its value against the United States dollar to N1,234 at the official foreign exchange market on Monday, according to data obtained from the FMDQ securities exchange.…
Read More
Nigerian Breweries : Consumers no longer able to afford beer
Nigerian Breweries has vowed to remain consumer focused despite the economic headwinds which saw the brewery giant recording some upsets in its financials in the year end results. Speaking during…
Read More
More Relief As Dangote crashes Diesel price to N1,000 per litre
The Dangote Petroleum Refinery has announced a reduction in the price of Automotive Gas Oil, popularly called diesel, from N1,200/litre to N1,000/litre. It announced this in a statement issued on…
Read More
Excitement As Nigeriaβs Naira Sustains Rally at parallel market
The Nigerian naira has strengthened further across the foreign exchange (forex) markets amid expectations that the national currency will continue to gain weight in the period ahead. At the Nigerian…
Read More
How We Grew Our Pre-Tax Profit To N609.3b β GTCO
Guaranty Trust Holding Company (GTCO) Plc grew pre-tax profit by 184.5 per cent to N609.3 billion in 2023. Key extracts of the audited report and accounts of GTCO for the…
Read More
NBS Report: Naira Crash Pushes Raw Material Imports To N3trn
Imports of raw materials into the country rose by 25 per cent to N3tn in 2023 and this is according to the Foreign Trade Statistics data published by the National…
Read More
Naira sells below 1,280/$ at official, parallel markets
The naira began the new month on a bullish note, appreciating to N1,278.58 against the United States dollar from N1,309.39 per dollar recorded last week Thursday. This indicates an increase…
Read More
Dangote Refinery : 150,000 fuel retail outlets Nationwide Receive their fuel supply
The $20bn worth Dangote Petroleum Refinery has commenced the sale of Automotive Gas Oil, popularly called diesel, to oil marketers nationwide. Dealers and officials of the plant confirmed this…
Read More
Economists : Why Price Of Food Wonβt Drop Immediately Despite Naira Appreciation
Economists have stated that it will take some time for Nigerians to feel the impact of the current strengthening of the naira against the dollar on the prices of commodities…
Read More
