Dangote Refinery drops PMS to N1,165/litre, diesel to N1,570/litre
By Peter Egwuatu Dangote Petroleum Refinery has announced a reduction in the ex-depot prices of Premium Motor Spirit (PMS) and Automotive Gas Oil (Diesel), effective Thursday 6th of August, thereby reaffirming its commitment to providing affordable, high-quality petroleum products to the Nigerian market. The company in a statement said, under the new pricing structure, the […]
S.Korea planning to close cryptocurrency exchanges, bitcoin dives
South Korea is preparing to shut down cryptocurrency exchanges in the country, its justice minister warned Thursday, sending prices of bitcoin and other virtual units into a tailspin.
Low forex margin triggers massive job losses in BDCs
A wave of staff retrenchment is sweeping across the bureaux de change (BDC) subsector as operators struggle against declining margins occasioned by uncompetitive dollar selling rate from the Central Bank of Nigeria (CBN).
Cars45, Kia Motors partner to boost access to new and Nigerian-used Kias
Cars45, Nigeria’s foremost Car buying and auctioning platform for Nigerian used cars, has entered a car trade-in deal with Kia Motors.
ADB denies calling off $600m loan to Nigeria
The African Development Bank (ADB) has refuted media reports that it has called off its $600 million loan to Nigeria.
Kwara approves N100m SME funds for market groups
THE Kwara State gover-nor, Abdulfatah Ahmed, has approved the release of N100 million Small and Medium Enterprises (SME) funding to market associations in the state.
