CBN forecasts petrol price at N950 per litre in 2026
By Udeme Akpan The Central Bank of Nigeria, CBN, said the price of Premium Motor Spirit, PMS, also known as petrol could rise to about N950 per litre in 2026. The Dangote Petroleum Refinery currently puts its gantry price at N699 per litre while the retail price at MRS Oil, authorized distributor stood at N739 per litre. […]
CBN: Naira rallies as FX speculations decline, reserves hit $43bn
The naira stability is also driven by inflows from Foreign Portfolio Investors (FPIs), substantial contributions from International Oil Companies (IOCs), and the CBN’s interventions to authorised dealers
Nigeria’s trade surplus climbed to 6% – Cardoso
He said that there was a link between disciplined fiscal and monetary policies, economic growth, and a gradual reduction in inflationary pressures.
Nigeria steps into spotlight at G-24 as Cardoso and Uzoka-Anite signal confident new economic era
CBN Governor, Cardoso and Minister of State for Finance, Uzoka-Anite presented a united front that underscored a shift in tone and substance
Reps summon CBN, Banks over unexplained customer deductions
The House of Representatives has summoned the Central Bank of Nigeria (CBN) and major commercial banks to explain the rising wave of arbitrary and unexplained deductions from customers’ accounts across the country.
Cardoso reaffirms collaborative approach to economic coordination
Cardoso has underscored the importance of clear communication, credible data, and strong coordination between fiscal and monetary authorities
