Dangote’s partner station MRS, NNPC raise petrol price by N100/litre
Less than 24 hours after Dangote Petroleum Refinery & Petrochemicals raised the gantry price of Premium Motor Spirit (PMS), also known as petrol, by N100 per litre, its partner retail outlet, MRS Oil Nigeria Plc, and NNPC Limited have increased their pump prices by a similar margin.
Manufacturing’s share of capital inflows shrinks to 2.76%
…Despite 132% surge in total importation By Yinka Kolawole Capital inflows into Nigeria’s manufacturing sector suffered a sharp decline in the first nine months of 2025 (9M’25), even as overall capital importation into the country recorded a huge surge, figures from the National Bureau of Statistics (NBS) have shown. According to the data, capital importation into the […]
Depositors of defunct Heritage Bank appeal to Tinubu, CBN for bail out
By Florencemary Nwabueze Depositors of defunct Heritage Bank whose money were trapped in the bank have appealed to President Bola Tinubu and the Central Bank Governor, Olayemi Cardoso, to ensure a swift and full reimbursement of all depositors affected by the liquidation of the bank. They also called for immediate bailout funds to the Nigeria Deposit […]
Nigeria’s private sector rebounds as PMI climbs to 53.2 pts in February
By Peter Egwuatu Nigeria’s private sector recorded a strong rebound in February, as renewed growth in customer demand lifted business activity and eased inflationary pressures, the latest Purchasing Managers’ Index (PMI) survey report by Stanbic IBTC Bank has shown. The headline PMI rose to 53.2 in February from 49.7 in January, returning above the 50.0 threshold […]
Kefas, Alia tour Taraba-Benue border communities
The Governors of Taraba and Benue states, Dr. Agbu Kefas and Rev. Fr. Hyacinth Alia, have visited communities along their shared borders, pledging to resettle displaced persons back to their ancestral homes.
Dollar to Naira exchange rate today, March 3, 2026
The Nigerian Naira opened the second trading session of March with a slight cooling against the US Dollar on Tuesday, March 3, 2026.
