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Article 'NNPCL Follows Dangote's Lead, Cuts Petrol Prices to ₦899 per Litre'- Nigeria News
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Article 'FIRS Announces Nationwide Recruitment for Graduates and Professionals'- Nigeria News
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Access Bank raises $228 million through a rights offer to boost its capital and fund expansion into new markets. The move aligns with regulatory requirements and supports the bank's goal to double assets outside Nigeria by 2027. The bank is also acquiring Bidvest Bank in South Africa.
Access...
![Today's Naira Rate [25-12-2024]: Naira’s Depreciation Continues as Parallel Market Hits N1,650/$](/data/attachments/211/211746-fc88bc2cf08b62eccef5f97dcdd14191.jpg?hash=hFfFcRmkeL)
Nigeria
Today's Naira Rate [25-12-2024]: Naira’s Depreciation Continues as Parallel Market Hits N1,650/$
The Naira has depreciated to N1,650 per US dollar in the parallel market, continuing its downward trend. While the official market shows a slight improvement to N1,537 per dollar, the gap between the two markets widens, posing challenges for Nigeria's currency stability as analysts forecast...
The Nigerian Communications Commission (NCC) has approved a telecom tariff hike set to take effect in January 2025, with increases of up to 40%. The price for calls, SMS, and data bundles will rise, addressing operational costs that telecom companies like MTN and Airtel face due to inflation...
FIRS has announced a nationwide recruitment for young graduates and professionals to strengthen its services. The positions require a Bachelor's degree or HND, completion of NYSC, and specific age limits. Applications open on December 23, 2024, and close on January 11, 2025. Apply via the FIRS...
Rising costs of tricycles (Keke Marwa) and motorcycles (Okada) have led to financial strain for operators in Nigeria. With prices surging and maintenance costs escalating, many are abandoning the business. Operators are calling on the government to address these challenges to ease their economic...
Petrol prices are set to drop to N935 per litre as Dangote Refinery reduces its ex-depot price to N899.50. IPMAN announces the new pricing structure, citing deregulation and increased refinery activities as key factors. The initiative promises uniform pricing, boosting affordability and...
NNPCL has reduced petrol prices to ₦899 per litre, aligning with Dangote Refinery's recent price cut. This move, reflecting the impact of deregulation in Nigeria's fuel sector, is expected to foster competition and lower prices further, benefiting consumers. Price reductions continue to be...
Dangote Refinery has partnered with MRS to sell petrol at ₦935 per litre nationwide. This price reduction follows the Nigerian National Petroleum Company’s recent price cuts, reflecting the positive impact of the naira-for-crude swap deal on the Nigerian economy. The initiative aims to provide...
NNPC has denied reports claiming the Old Port Harcourt refinery has shut down. The refinery, which resumed operations in November 2024, is running at 70% capacity, producing kerosene, diesel, LPFO, and petrol. NNPC urges the public to ignore false claims and emphasizes efforts to ensure a steady...
![Today's Naira Rate [21-12-2024]: Naira Weakens to N1,775 on Parallel Market Amid Forex Challenges](/data/attachments/211/211635-7bc2edcd76b77152035dcdd2d60b7d74.jpg?hash=PERHMQHP25)
Nigeria
Today's Naira Rate [21-12-2024]: Naira Weakens to N1,775 on Parallel Market Amid Forex Challenges
The naira weakened against the dollar, closing at N1,541.68 in the official market and N1,775 in the parallel market. Despite weeklong volatility, the currency saw some gains. President Tinubu’s 2025 exchange rate benchmark of N1,500 per dollar hints at efforts to stabilize Nigeria’s economy...
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