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Dangote refinery production expansion will push naira below N1,000/$ before…
The chairman of First HoldCo, Femi Otedola, says he is optimistic that the naira will strengthen meaningfully and will trade below…
Dangote Refinery hits full 650,000bpd capacity after maintenance
The Dangote refinery has announced that it is now operating at its full capacity of 650,000 barrels per day (bpd).
In a…
How African governments can transform rural communities with private sector…
Chairman of Heirs Holdings, Tony Elumelu, has urged African governments to deepen collaboration with the private sector to drive…
Nigeria attracts $21bn Capital Inflows in 2025
Nigeria recorded about $21 billion in capital importation within the first ten months of 2025, marking a 75 per cent increase from…
Ogun poised to join oil-producing states as NNPCL commences exploration in…
A technical team from the Nigerian National Petroleum Company Limited (NNPCL) has visited the Eba oil well in Ogun Waterside Local…
CBN pegs weekly dollar purchases by BDCs to $150,000
The Central Bank of Nigeria (CBN) has introduced a new foreign exchange policy permitting licensed Bureau De Change (BDC)…
Nigeria’s net foreign reserves surge to $49bn – CBN
Nigeria’s net foreign reserves have risen sharply to $49 billion, representing a sustained recovery from the low point of about $3…
Dollar–Naira exchange rate update for February 10, 2026
The Nigerian Naira maintained its positive momentum in the early hours of Tuesday, February 10, 2026, recording further gains…
BYD sues US Govt over Trump-era tariffs, seeks refund of levies
Chinese automaker BYD has taken legal action against the U.S. government, challenging President Donald Trump’s move to impose…
Posting GDP figures not enough, Nigeria must ensure progress filters down…
Vice-President Kashim Shettima says economic progress in Nigeria must be measured by how growth improves lives and strengthens…