Nigeria and the Niger Republic have agreed to construct a refinery in a border town located between both countries and close to Katsina State. According to the Federal Ministry of Petroleum Resources, an agreement was reached between both nations to build the facility and for the construction of a crude oil pipeline from the Niger […]

The naira is likely to remain stable against the United States dollar next week as demand for the greenback weakens whenever the unit trades below 360 per dollar. Foreign exchange traders said most forex users were not willing to source dollars weaker than N360 at the Investors & Exporters FX window and that offshore investors […]

President Muhamamdu Buhari has nominated Mr. Edward Adamu, for appointment as the deputy governor of the Central Bank of Nigeria. Adamu from Gombe State, replaces Mr. Sulaiman Barau, from Zaria, Kaduna State, who retired in December, 2017. A statement on Thursday by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, […]