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FG orders crude oil sale to Dangote Refinery, others

FG orders crude oil sale to Dangote Refinery, others

NEC approved that sale of petroleum products to approved local petroleum marketing companies be conducted in naira at the same fixed exchange rate.

30 July 2024 1:01 AM IST
Naira appreciates by 0.94% against dollar at official market

Naira appreciates by 0.94% against dollar at official market

The Central Bank of Nigeria (CBN) has directed Bureau De Change (BDC) operators to sell forex at a maximum profit margin of 1.5 percent, aiming to correct market distortions.

19 July 2024 3:06 PM IST