News Update THE Nigeria naira traded in the mid – N1,400s on official Nigerian Foreign Exchange Market (NFEM) platforms on Friday while the parallel (black) market continued to price the dollar notably…
Category: Business
Gold hits $3,900
Gold reached a new high above US$3,900 per ounce on October 6, 2025, extending its strong rally with a 50% gain so far this year. After attaining an 11.9% increase in September,…
Naira (NGN) To Dollar (USD), Other Currencies Rate Today
News Update As of Friday, 3rd October 2025, the exchange rate for the United States dollar (USD) to the Nigerian naira (NGN) in the parallel market, popularly referred to as the black…
CAC, SMEDAN rolls out free registration for Nigerian business owners
News Update THE Corporate Affairs Commission (CAC), in collaboration with the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), has unveiled a nationwide initiative to provide free business registration for 250,000…
Dangote: Mafias are out to kill my refinery
President/Chief Executive, Dangote Petroleum Refinery, Aliko Dangote, yesterday, alleged that oil mafias are all out to kill his $20billion refinery the same way they killed Nigeria’s textile industry. He spoke at the…
UPDATED: Dangote dares NUPENG to unmask $18bn refinery squanderers
The controversy between the Dangote Petroleum Refinery and the Nigerian Union of Petroleum and Natural Gas Workers took a new turn on Friday when the Dangote refinery asked the union to expose…
Dangote Refinery adjust fuel price nationwide
Dangote Refinery has adjusted its premium motor spirit retail price nationwide. This is as it announced Monday, September 15, 2025, as the new date to begin the direct petrol distribution initiative. The…
Dangote sponsoring division among tanker drivers — NUPENG
The Nigeria Union of Petroleum and Natural Gas Workers has accused the Dangote Petroleum Refinery of sponsoring division within its Petroleum Tanker Drivers branch, resisting workers’ rights to unionisation, and deploying what…
Naira Per Dollar Hits Highest Level in Months
THE naira has surged to its strongest level in months, trading at N1,497 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). The rally, supported by rising foreign reserves and increased…
BREAKING: NUPENG shuts depots as FG, Dangote talks drag
Talks between representatives of Dangote Petroleum Refinery and the leadership of the National Union of Petroleum and Natural Gas Workers dragged on for several hours on Monday night despite the role played…