Business

Breaking: CBN raises interest rate to 18.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 18…

3 years ago

UK inflation falls to lowest level in one year

British inflation has eased back to its lowest level since March 2022 but remained higher than expected as food prices…

3 years ago

Naira depreciates, exchanges at N464.42 against dollar

The naira, on Tuesday, May 23, depreciated against the dollar, exchanging at N464.42 at the Investors and Exporters window. The…

3 years ago

CBN revokes 179 microfinance banks’ licences

The Central Bank of Nigeria (CBN) has revoked the operating licenses of no fewer than 179 microfinance banks in the…

3 years ago

Dangote refinery begins petrol distribution July

The President of Dangote Group, Aliko Dangote, says the newly-inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos State, would start delivering…

3 years ago

Naira falls against dollar, exchanges at N463.50

Naira, on Monday, May 22, depreciated against the dollar, exchanging at N463.50 at the Investors and Exporters window. The local…

3 years ago

$18.5bn Refinery: Dangote has paid $6bn, $3bn outstanding – Emefiele

Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has revealed that Dangote Group has paid $6 billion out…

3 years ago

Dangote Refinery kickstarts with 33,000 employees

President of Dangote Industries Limited (DIL), Aliko Dangote, on Monday, May 22 disclosed that the newly commissioned 650,000pbd Dangote Petrochemical…

3 years ago

Dangote: Why I invested over $18.5bn in refinery

The President of Dangote Group, Aliko Dangote, says the investment of over $18.5 billion in the Dangote Petroleum Refinery in…

3 years ago

Buhari: Dangote refinery game changer for Nigeria’s economy

President Muhammadu Buhari has described the Dangote Petroleum Refinery in Ibeju-Lekki, Lagos State as a significant milestone for Nigeria's economy…

3 years ago

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