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Nigeria’s proposed $5bn Abu Dhabi swap deal draws IMF warning
The International Monetary Fund has urged Nigerian authorities to carefully assess the proposed $5 billion financing arrangement…
Dollar to Naira exchange rate today, June 9, 2026
The Nigerian naira maintained a relatively stable performance against the United States dollar on Tuesday, June 9, 2026, across…
OPEC+ agrees to raise oil output by 188,000 bpd from July
The Organization of Petroleum Exporting Countries (OPEC) and its allies have agreed to increase oil production by 188,000 barrels…
Dollar to Naira exchange rate today, June 7, 2026
The naira exchanged at ₦1,400 per dollar in the parallel market, popularly known as the black market, on June 7, 2026.…
Why subscribers experience rapid data depletion — MTN
MTN Nigeria has denied allegations that its system is responsible for “stealing” customers’ data, explaining that cases of rapid…
Dangote refinery raises processing capacity to 700,000 barrels per day
Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd),…
Court orders over Nestoil, Neconde remain valid – Receiver-manager
The receiver manager of Nestoil Limited, Abubakar Sulu-Gambari, has dismissed claims that court orders backing his actions have…
Nigeria’s capital importation rises 83.8% to $10.37bn in Q1 2026 — NBS
The National Bureau of Statistics (NBS) has reported that Nigeria’s total capital importation climbed to $10.37 billion in the…
Dollar to Naira exchange rate today, June 3, 2026
The Nigerian naira maintained relative stability against the United States dollar on Wednesday, June 3, 2026, in both the official…
Dollar to Naira exchange rate today, June 2, 2026
The Nigerian naira traded within a narrow range against the United States dollar on Tuesday, June 2, 2026, across both the…