Fuel: Major petroleum marketers speak on price hike 

January 4, 2024 Blessing Anaro 0

Major and independent petroleum marketers associations have said there are no plans to increase the price of petrol as being spread by some disgruntled elements. Their position coincided with a statement from then Nigerian National Petroleum Company (NNPC) Ltd, which further gave assurance to the public that there is a plan to increase the cost of Premium Motor Spirit (PMS), Read More

Naira rallies across markets, trades below N900/$1 at P2P

November 5, 2023 Segun Odunewu 0

For the first time since August 2023, the exchange rate dipped below the N900 to $1 mark on peer-to-peer (P2P) platforms, including Binance, indicating a robust turnaround for the Naira. Data from the acclaimed Binance Crypto trading platform showed the exchange rate at an impressive N855 to $1. This development highlights the naira’s impressive recovery trajectory. The black market, often Read More

Naira rallies across markets, trades below N900/$1 at P2P

November 5, 2023 Segun Odunewu 0

For the first time since August 2023, the exchange rate dipped below the N900 to $1 mark on peer-to-peer (P2P) platforms, including Binance, indicating a robust turnaround for the Naira. Data from the acclaimed Binance Crypto trading platform showed the exchange rate at an impressive N855 to $1. This development highlights the naira’s impressive recovery trajectory. The black market, often Read More

Naira rallies across markets, trades below N900/$1 at P2P

November 5, 2023 Segun Odunewu 0

For the first time since August 2023, the exchange rate dipped below the N900 to $1 mark on peer-to-peer (P2P) platforms, including Binance, indicating a robust turnaround for the Naira. Data from the acclaimed Binance Crypto trading platform showed the exchange rate at an impressive N855 to $1. This development highlights the naira’s impressive recovery trajectory. The black market, often Read More

Tinubu clarifies position on fuel subsidy removal, tells Nigerians when policy will take off

May 30, 2023 Rosemary Moribirin 0

President Bola Ahmed Tinubu has given further clarification regarding the removal of the fuel subsidy on Monday, May 29, 2023, during his inaugural speech. This was disclosed in a statement by his media centre on its official Twitter handle on Tuesday, May 30, 2023. The statement reads, “The public is advised to note that President Bola Tinubu’s declaration that “subsidy Read More