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Monday, December 9, 2024

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Naira strengthens to N1,725/$ in parallel market

The Naira appreciated to N1,725 per dollar in the parallel market on Tuesday, up from N1,730 per dollar on Monday. Meanwhile, the Naira remained stable...

Port Harcourt Refinery: Loader confirms commencement of operation, rebukes false information

Dibia Isaiah, a loader and the Chief Security Officer of Alesa Kingdom, Rivers State, has confirmed that the Port Harcourt Refinery, recently relaunched by...

Customers lament cash scarcity as CBN warns banks over noncompliance

Residents and small business owners in the Federal Capital Territory (FCT) have raised concerns over the ongoing scarcity of naira notes, which has disrupted...

Naira strengthens to N1,740/$ in parallel market

The Naira gained value on Thursday, appreciating to N1,740 per dollar in the parallel market, up from N1,745 per dollar the previous day. Similarly, the...

NCC sets January 2025 deadline for telecom operators to update contact information

The Nigerian Communications Commission (NCC) has mandated all licensed telecommunications operators to update their contact details by January 9, 2025, in compliance with the...

Naira strengthens to N1,745/$ in parallel market, weakens in NAFEM

The Naira strengthened slightly in the parallel market on Wednesday, rising to N1,745 per dollar, up from N1,755 per dollar the previous day. However, in...

NNPC limits petrol sales from Port Harcourt Refinery to retail outlets

The Nigerian National Petroleum Company Limited (NNPCL) has announced that petroleum products from the Port Harcourt Refinery Company (PHRC) will be exclusively supplied to...

CBN hikes interest rate to 27.5%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 27.25% to 27.50% to curb rising inflation. This decision was made...

Naira gains value, trades at N1,755/$ in parallel market

The Naira strengthened against the dollar in the parallel market yesterday, appreciating to N1,755 per dollar from N1,770 recorded on Monday. Similarly, in the Nigerian...

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