Average price of petrol in September was N195.29 per litre- NBS
The National Bureau of Statistics (NBS), says consumers paid N195.29 for a litre of Premium Motor Spirit (Petrol) on the average in October 2022. It
Category : Finance
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CBN raises MPR to 16.5%, retains other parameters
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the country’s Monetary Policy Rate (MPR) by 100 basis points
Petrol, electricity subsidies hurting poor Nigerians – W’Bank
The World Bank has said that subsidies benefit only rich households and reduce government spending on poor Nigerians. This was contained in a statement on
Finance Act: New tax regime threatens oil marketers investments
The Depots and Petroleum Products Marketers Association of Nigeria (DAPPMAN), has warned that the implementation of 0.5 per cent tax on gross turnover by petroleum
Analysts expect MPC to raise lending rate
Analysts at Cordros Securities have predicted that the Monetary Policy Committee of the Central Bank of Nigeria will raise the Monetary Policy Rate at the
FG boosts local production for forex earnings
The Federal Government is targeting zero rejection of Nigerian products at the global market to drive foreign exchange earnings and boost revenue. Speaking at the
Cooking gas price increases by 0.21% in October 2022 – NBS
Average price of 5kg cooking gas rose by 0.21 per cent from N4,474.48 in September to N4,483.75 in October. The increased price is contained in
Interest rate on T-bills hit 32-month high as CBN mops N5.33trn in primary market
In order to attract more investors, especially at a period of inflationary pressures in the country, the Central Bank of Nigeria (CBN) increased interest rate
AELP: Nigerians now able to buy shares in Egypt, SA, Kenya as cross-border trading platform goes live
Nigerians who desire to buy shares in blue chip companies in leading African economies without having to travel can now do so as six exchanges
Operators: transactions on PoS will surpass N6.4trn in 2022
Ahead of the release of the statistics on the volume and value of financial transactions carried out on Point of sales (PoS) terminals in 2022,
