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Dangote Refinery cuts petrol ex-gantry price by N50, cites inventory costs…
Dangote Petroleum Refinery has reduced its ex-gantry price for premium motor spirit (PMS), also known as petrol, by N50.
The…
Oba Otudeko’s Honeywell group acquires 14.12% stake in Ikeja Hotel
Honeywell Group Limited, owned by Nigerian business mogul Oba Otudeko, has acquired a 14.12 percent stake in Ikeja Hotel Plc.…
Dollar to Naira exchange rate today, July 2, 2026
The Nigerian naira maintained relative stability against the United States dollar on Thursday, July 2, 2026, across both the…
CBN issues guidelines on payment obligations involving troubled banks
The Central Bank of Nigeria (CBN) has issued new guidance limiting the suspension of payment obligations involving troubled banks…
Dangote, Congo Oil firm explore energy partnership
Dangote Petroleum Refinery & Petrochemicals and the Republic of the Congo's national oil company, Société…
Dollar to Naira exchange rate today, July 1, 2026
The Nigerian naira remained broadly stable against the United States dollar across both the official and parallel foreign exchange…
NDIC pays over ₦37.8bn to depositors of failed banks in 2025
The Nigeria Deposit Insurance Corporation (NDIC) says it has paid ₦37.65 billion to depositors of failed banks in 2025.…
Providus, Unity Banks complete merger, unveils new identity
Nigerian banks, Providus and Unity Banks have commenced operations as a single institution following the completion of the…
Dollar to Naira exchange rate today, June 29, 2026
The Nigerian naira traded at an official exchange rate of ₦1,379.22 to the United States dollar at the Nigerian Foreign Exchange…
“Swift to hike, slow to reduce,” FCCPC warns marketers over…
The Federal Competition and Consumer Protection Commission (FCCPC) has warned oil marketers against exploitation, saying the…