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Naira Hits Record Low in July: Depreciates By N72.58 Against Dollar

The Nigerian Naira hit a new low, depreciating by N72.58 against the US dollar in July 2024. The FMDQ financial market report revealed that the...

CBN Reports High In Remittance Inflows July

The Central Bank of Nigeria (CBN) has announced a remarkable surge in remittance inflows, reaching $553 million in July 2024—an impressive 130% increase compared...

Petrol Price Hits N950 Per Litre In July 2024 – NBS

The price of petrol surged to N950 per litre in July 2024, marking the highest recorded price for Premium Motor Spirit (PMS) in the...

Dangote Refinery Set to Begin PMS Production in July

Devakumar Edwin, vice president of Oil and Gas at Dangote Industries Limited (DIL), has reaffirmed that the 650,000 barrels per day (bpd) Dangote Refinery...

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