Nigeria’s oil importation dropped to $2.79bn from $4.31bn in Q2 of 2024. This amounts to a $1.52bn decline or a 35 per cent decline. This development was contained in the …
Business
-
-
By Musa Na Allah Sokoto The Zonal Coordinator of the Nigeria Customs Service in charge of Zone “B”, Assistant Comptroller General of Customs (ACG) Sambo Kaliel (Dangaladima), has on Friday …
-
The naira today depreciated to N1,740 per dollar in the parallel market from N1,725 per dollar on Thursday . Similarly, the naira depreciated to N1,678.87 per dollar in the Nigerian …
-
Nigerian currency, the Naira, on Thursday appreciated at the official market, trading at N1,639.50 to the dollar. Data from the official trading platform of the FMDQ Exchange, revealed that the …
-
Muhammad Garba Nigerian Export and Import Bank has engaged residents in Jigawa state on the available opportunities for exporting non-oil commodities from the state to other parts of the world. …
-
Business
Deregulation Not a License to Blend Off-spec Products, Jeopardise National Interest, Dangote tells Pinnacle Oil
Dangote Petroleum Refinery and Petrochemicals has advised Pinnacle Oil and Gas Limited that deregulation should not be used as a justification for the importation of off-spec petroleum products or the …
-
Dangote Refinery says its petrol prices are cheaper than the imported product as claimed by the Independent Petroleum Marketers Association of Nigeria (IPMAN) and Petroleum Products Retail Outlets Owners Association …
-
Nigeria Customs Service (NCS) has successfully facilitated Nigeria’s inaugural shipment to Kenya, marking a significant milestone as Lucky Fibres, a subsidiary of the Tolaram Group, becomes one of the first …
-
Kano Chapter, Manufacture Association of Nigeria (MAN), over the weekend revealed that its members lost over N500 Million during the 12 days power outage that rocked seven states in the …
-
The Senate on Tuesday at plenary passed a bill to strengthen the capacity of the Nigeria Deposit Insurance Corporation (NDIC) to safeguard depositors’ fund and strengthen financial institutions in Nigeria. …