The Lagos Chamber of Commerce and Industry said private operators have lost about N1.46tn as a result of the foreign exchange constraints being experienced in the...
President Muhammadu Buhari has explained that despite the fall in the international price of crude oil, measures taken to block leakages in the nation’s revenue generating...
I read some comments on Facebook that the reason for naira ATM cards Forex restriction is to curtail frauds. I am putting it out there now...
Nigeria’s foreign direct investment (FDI) is about to receive a boost as one of the leading United Arab Emirates’ business moguls, Sheikh Abdullah Ahmed Al Ghurair,...
Oil marketers on Saturday said it was possible to sell Premium Motor Spirit at N85 per litre. They however expressed doubt if Nigerians were ready to...
Nigerians abroad, mostly students, on Saturday took to the streets to protest against Deposit Money Banks’ proposed ban on naira-denominated Automated Teller Machine cards for dollar-denominated...
The Nigerian Government announced on Friday that it has scrapped the Petroleum Support Fund, also known as fuel subsidy. Speaking to journalists at the Port Harcourt...
The Federal Government may reduce the pump price of petrol to N85 per litre from January 1, 2016. The Minister of State for Petroleum Resources, Dr....
Foreigners, Indigenous Battle For Nigeria’s Auto Industry As Nigeria aspires to become Africa’s next automotive hub, local and foreign auto firms are locked in a battle...
Nigeria’s Gas Revenue Drops by 50.2 Percent Gas proceeds from the Nigeria Liquefied Natural Gas and others have dropped by 50.2 per cent from $169.728m in...