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The Naira on Tuesday went down again at the official market, trading at N1,658.97 to the dollar. Data from the official trading platform of the FMDQ...
In a landmark move, Nigeria has officially commenced the sale of crude oil and refined petroleum products in Naira. EKO HOT BLOG reports that the announcement...
The Nigerian National Petroleum Company Limited (NNPC) has yet to begin the planned supply of crude oil in naira to the Dangote Petroleum Refinery, which was...
The federal government is proposing that the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Port Authority (NPA) shift to collecting charges, fees, fines,...
The Federal Executive Council (FEC) has proposed amendments to the National Identity Management Commission (NIMC) Act of 2007, seeking to include foreigners living and working in...
The Federal Executive Council (FEC) has given its approval for the Economic Stabilization Bills (ESB), marking a significant step in the government’s Accelerated Stability and Advancement...
The naira experienced a significant decline against the dollar in the foreign exchange market following the Central Bank of Nigeria’s (CBN) fifth interest rate hike, raising...
The U.S. Federal Reserve’s recent interest rate cut is expected to influence the upcoming decisions of Nigeria’s Monetary Policy Committee (MPC), which meets next week to...
The Nigerian National Petroleum Corporation (NNPC) Limited has requested dedicated office space for around 10 of its employees at the Dangote Refinery as part of an...
The FMDQ forex market recorded a turnover of just $61.9 million, marking the lowest since January 2024. This figure is the second-lowest daily average turnover this...