The Petroleum Products Pricing Regulatory Agency (PPPRA) in its March template, for pump price of the Premium Motor Spirit (PMS) is N212.61 per litre. This is an indication of a subsidy of N50.61 per litre since the only importer of the product- the Pipelines Products Marketing Company (PPMC) has not […]

The Central Bank of Nigeria has introduced a rebate of N5 for every $1 of fund remitted to Nigeria, through International Money Transfer Organisations in its new forex policy. The Central Bank Governor, Godwin Emefiele, disclosed on Saturday during a virtual event organised by Fidelity Bank at its inaugural webinar […]

  The Central Bank of Nigeria (CBN) has reacted to condemnations trailing the directive to Deposit Money Banks (DMBs) to desist from transacting in Cryptocurrencies. In a statement on Sunday, Osita Nwanisobi, Acting Director, Corporate Communications, clarified that the CBN circular of February 5, 2021 did not place any new […]

A Civil Organisation, Network for Democracy and Development (NDD), has commended efforts of the Federal Government at improving the state of the economy. The group gave the commendation during a virtual news conference on the state of the nation on Sunday. The NDD National Coordinator, Mr Tajudeen Alabede while addressing […]

The Dangote Group says it has completed Nigeria’s longest rigid pavement located in Kogi State. According to a statement issued by the group on Sunday, the Obajana-Kabba 43KM road constructed by Dangote Industries Limited, has been described by motorists as the country’s most strategic highway aiding travellers between the North […]