Monday, February 24, 2025

Economy

At N557 a litre, margin of petrol price increase widest in 30 years

The Nigerian National Petroleum Company Limited has confirmed increasing the price of petrol across the country. The state oil firm said it was acting in...

Fuel chaos #Day 2: Nigerians pay dearly after Tinubu subsidy remark

Nigerians faced a second day of chaos as the price of petrol soared across the country on Wednesday, after President Bola Tinubu declared an...

Price of petrol to rise as Tinubu ends subsidy

President Bola Tinubu has announced the removal of petrol subsidy, setting the stage for increased petrol price in the country. Mr Tinubu was inaugurated on...

Naira drops to six-month low at parallel market

The naira fell to N780 a dollar at the parallel market on Friday, trading at its lowest rate in at least nearly seven months. The...

Seeking to tame rising prices, CBN raises interest rate again

The Central Bank of Nigeria has raised its key interest rate to the highest level in at least a decade as it continues to...

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