Nigerians are facing further economic strain as the cost of refilling cooking gas cylinders continues to escalate. Recent investigations reveal that in Lagos, the price to refill a 12.5 kg cylinder has... Read more »

The 2023 presidential candidate of the Labour Party (LP), Peter Obi, has charged serial businessman, Aliko Dangote, to maintain his trust in the Nigerian business environment. According to Obi, Dangote did the... Read more »

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1600 and... Read more »

Dollar to naira exchange rate today black market (Aboki dollar rate): The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1585 and... Read more »

Nigerians are expressing optimism about a potential decrease in cement prices after Aliko Dangote, Africa’s richest man, clarified his position regarding monopolizing the industry. Dangote, the owner of Dangote Cement, recently distanced... Read more »

In the last one month, easily one of the most discussed issues in Nigeria is the allegation by the Dangote Refinery accusing the International Oil Companies (IOCs) of frustrating its operations by... Read more »

The naira slumped further against the dollar to end the week on a negative note. FMDQ data showed that it depreciated to N1609.29 per dollar on Friday from N1603.80 exchanged on Thursday.... Read more »

The Central Bank of Nigeria, CBN, has revealed that it recently sold a cumulative amount of 148 million dollars to authorised dealers in the Nigerian Foreign Exchange Market, NFEM. The apex bank’s... Read more »

Dangote Petroleum Refinery, is reselling crude oil cargoes from both the United States and Nigeria. Reuters sources indicate that this move, unusual for refineries, stems from technical challenges at the refinery. A... Read more »