The Naira, on Wednesday, made a impressive performance against the US dollar across the foreign exchange…
Category: Business/Economy
CBN debunks alleged scarcity of new Naira notes
The Central Bank of Nigeria (CBN) has dismissed claims that the new Naira notes are in…
Reps urge NNPC to clear queues at filling stations
The House of Representatives has urged the Nigerian National Petroleum Corporation (NNPC) Limited, as the sole…
Naira falls as CBN increases interest rate
The Naira, on Tuesday, fell marginally by 0.08 percent against the dollar at the official market,…
Edo refinery begins production, plans to expand capacity to 21,000bpd
The Edo State government-backed Edo Modular Refinery has begun production at its 6,000bpd plant in Ologbo,…
Buhari heads 14-member committee to address petrol scarcity
President Muhammadu Buhari has approved the constitution of a 14-man Steering Committee on Petroleum Products Supply…
Again, Senate asks CBN to extend deadline on old Naira notes to June 30
The Senate, again on Tuesday, urged the Central Bank of Nigeria (CBN) to extend the deadline for phasing…
Reps summon bank CEOs over scarcity of new Naira notes
Incensed by reports of shortage of the new Naira notes in circulation, the House of Representatives,…
CBN raises interest rate to 17.5%
* Refuses to shift Jan 31 deadline to phase out old N1000, N500, N200 notes The…
Buhari inaugurates Lagos Blue Rail Line
President Muhammadu Buhari, on Tuesday, inaugurated the 13km first phase of the Blue Line, one of the…