Most Recent News

NNPC Says No Plans to Increase Petrol Price, Warns against Hoarding, Panic Buying

  The Nigerian National Petroleum Corporation, NNPC says that the recent increase in bridging allowance to transporters from N6.20 to N7.20 per litre will not lead to an increase in.

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Nigeria’s central bank to offer $100 mln in forwards -traders

Nigeria’s central bank to offer $100 mln in forwards -traders   Nigeria’s central bank will offer $100 million in currency forwards on Thursday to be settled within 60 days, traders.

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Nigeria to send oil governance bill to Senate on April 25

    Nigeria will send its oil governance bill to the Senate on April 25, a spokesman said on Thursday, the latest step in efforts to overhaul the energy sector.

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Nigeria to sell 235 bln naira treasury bills on April 6

  Nigeria plans to sell 234.89 billion naira ($765.99 million) of short-dated treasury bills at an auction on April 6, the central bank said on Wednesday.   The bank said.

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Nigeria, Morocco Fertilizer Deal Creates 50, 000 jobs

  About 50, 000 jobs have been created in the country following the signing of a Memorandum of Understanding (MoU) on the supply of phosphate between the Nigerian government and.

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Nigeria’s Buhari Notifies Parliament He Has Resumed Duty- Spokesman

    Nigeria’s President Muhammadu Buhari has sent letter to parliament notifying lawmakers that he has resumed his duties, his spokesman said on Monday. It follows the president’s return on.

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Nigeria aims to have market-determined exchange rates: official document

Nigeria’s central bank aims to achieve a market-determined exchange rate regime, according to an official economic plan released on Tuesday, as pressure mounts to let the naira float freely. The.

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Nigeria Advises Citizens against Non-Urgent Travel to U.S.

  Nigeria has advised its citizens against any non-urgent travel to the United States until Washington clarifies its immigration policy, after several incidents in which people with valid visas were.

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Nigeria Trade Balance Turns Positive in Q4 as Exports Jump

      Nigeria’s trade balance turned positive in the fourth quarter of 2016 after exports rose by more than half, the national bureau of statistics said on Saturday, the.

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Nigeria: World Donors Gather to Raise Emergency Aid to Tackle Famine in North-East

  UN aid agencies and donor countries recently gathered in Oslo for a two-day meeting to raise emergency aid for millions of people threatened by famine in northeastern Nigeria, a.

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