Brent crude prices exceed $100, causing petrol hikes in Nigeria and raising transport and food costs amid global supply concerns and geopolitical tensions.
Brent crude prices exceed $100, causing petrol hikes in Nigeria and raising transport and food costs amid global supply concerns and geopolitical tensions.
There is a new petrol price at filling stations nationwide as NNPC, MRS, and other marketers cut pump rates after Dangote Refinery’s gantry price reduction.
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has announced plans to launch a microfinance bank and is seeking CBN's licence.
The largest Western bank still operating in Russia was on Thursday ordered to pay nearly $400 million in compensation for losses incurred by Russian company Rasperia due to European sanctions. According to Washington and Brussels, Rasperia is linked to the Russian businessman Oleg Deripaska, who has been under Western sanctions since Russia's invasion of Ukraine in 2022.
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