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To curb speculation, CBN introduces electronic FX matching system
The Central Bank of Nigeria (CBN) has announced the introduction of an electronic foreign exchange matching system (EFEMS). In a ...NNPC portal shutdown delays petrol supply – Marketers
Oil marketers have said that the Nigerian National Petroleum Company Limited portal used to purchase petrol has been shut against ...Naira notes Emefiele released not what Buhari approved – Witness
A former acting Governor of the Central Bank of Nigeria, Folashodun Shonubi, on Wednesday, told Justice Maryann Anenih of the ...FG stops VAT on diesel, cooking gas
The Federal Government has announced the provision of new tax reliefs for deep offshore oil and gas production to boost ...Naira appreciates to N1,700 in parallel market
The Naira yesterday appreciated to N1,700 per dollar in the parallel market from N1,705 per dollar on Monday. Similarly, the ...Emirates’ return will open more international routes for local airlines – Keyamo
Festus Keyamo, minister of aviation and aerospace development, says the return of Emirates will open more international destinations to local ...Tolaram completes 58.02 acquisition of Guinness Nigeria Plc, names new board members
Tolaram has completes the transaction for the acquisition of 58.02 percent controlling shares in Guinness Nigeria PLC, effective from ...Govt to invest N122bn in six gas firms to improve energy infrastructure
The federal government has approved the investment of N122 billion in six gas infrastructure companies. Ekperikpe Ekpo, minister of state ...Emirates resumes flight operations to Nigeria after 2-year hiatus
Emirates, the United Arab Emirates (UAE) flag carrier, has resumed flight operations to Nigeria. The development comes almost two years ...Elon Musk’s Starlink increases subscription rates
Satellite internet provider, Starlink, has announced an increase in its monthly subscription rates. According to a message sent to ...
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