FREEPRESS – Nigerians should prepare for another increase in the pump prices of petrol, due to the continued scarcity of foreign exchange to finance the importation of the product, oil marketers have said. According to them, the United States dollar…
FREEPRESS – An accountant and bureau de change, BDC, operator, Harisson Owoh, says the naira is on the path to recovery as banks were set to sell Forex to BDC Operators. Owoh told the NAN in Lagos that his colleagues…
FREEPRESS – The Central Bank of Nigeria (CBN) has directed Nigerian deposit banks to allow customers deposit cheques into their saving accounts. The directive, which was issued via a circular, is part of four new guidelines for the banking sector…
FREEPRESS – The Commissioner for Energy and water resources Edo State, Hon. Washington Osifo has called on stakeholders to de-emphasize profits and emphasize human health in its production of table water for consumption. The Commissioner gave the charge in his…
FREEPRESS – The naira on Wednesday witnessed a significant rise in value against the dollar by N1.51k or 0.76 percent at the interbank foreign exchange (FX) market. According to data from the FMDQ, it closed at N197.70k/$ against N199.21k/$ witnessed…
FREEPRESS – The Central Bank of Nigeria (CBN) yesterday said it will sell treasury bills of N1.73 trillion in the second quarter of the year. The apex bank stated this in its Nigeria Treasury Bills Issue programme released on Thursday.…
FREEPRESS – The Independent Petroleum Marketers of Association of Nigeria (IPMAN) yesterday blamed fresh nationwide fuel scarcity on unavailability of petrol for the marketers to load from the petrol depots. Its Vice President, Alhaji Abubakar Dankigari, who spoke to The…
FREEPRESS – Following the recent increase in the price of sachet water otherwise known as “Pure Water” in Edo State, and the subsequent outcry by members of the public, the Chairman Edo State Association of Water Producers and Director of…
FREEPRESS – The naira traded at 320 to a dollar on the parallel market on Friday, after five days of speculations, trades, drama and controversies. The week had witnessed a dramatic rise of the naira which was short lived. Coming…
FREEPRESS – South African mobile phone operator, MTN Group, withdrew its lawsuit against Nigeria’s National Communications Commission, over a N780 billion fine, and paid N50 billion toward a possible settlement. A judge in Lagos last month gave both parties until…
