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BDCs committed to checkmating attack on the Naira – ABCON boss

The President, Association of Bureau De Change operators of Nigeria (ABCON), Aminu Gwadabe, says the BDC operators are committed to wadding off attack on...

Again, Dangote cuts diesel, aviation fuel prices to less than N1,000

Dangote Petroleum Refinery on Tuesday revealed a further reduction in the prices of diesel and aviation fuel to N940 and N980 per litre, respectively. Daily...

CBN sells dollars to BDCs at N1,021

The Central Bank of Nigeria (CBN) has announced that it has sold US dollars to the Bureaux De Change (BDCs) at the rate of N1,021 per...

NERC transfers regulatory oversight to Enugu state govt

The Nigerian Electricity Regulatory Commission (NERC), says it has transfered regulatory oversight of the Enugu electricity market to the State Electricity Regulatory Commission. With the...

Naira crashes to N1,234 /$1 as 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...

Petrol to sell at N500/ltr as Portharcourt refinery set to release refined product

Oil marketers are gearing up to load refined petroleum products from the Port Harcourt Refining Company, as workers at the facility race to get it...

Naira will continue to appreciate against dollar – Shettima

Vice President Kashim Shettima has expressed optimism that the Naira would continue to appreciate against dollar at the forex market. Mr Stanley Nkwocha, spokesperson of...

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