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Vanguard Verified
1 week, 2 days ago Business

World Bank advice risks dragging Nigeria back into fuel import trap — Energy experts

Energy experts have criticised recent recommendations by the World Bank urging Nigeria to deepen fuel importation and fully liberalise its downstream petroleum sector, warning that the advice is ill timed, economically regressive and in direct violation of th…

World Bank advice risks dragging Nigeria back into fuel import trap — Energy experts
Source: Vanguard
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Vanguard Verified
1 week, 2 days ago Business

Dollar to Naira exchange rate today, April 14, 2026

The Nigerian Naira showed signs of marginal recovery in the early trading hours of Tuesday, April 14, 2026, as the foreign exchange market reacted to mid-month liquidity shifts and ongoing central bank interventions. The post Dollar to Naira exchange rate tod…

Dollar to Naira exchange rate today, April 14, 2026
Source: Vanguard
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Vanguard Verified
3 weeks, 4 days ago Business

NDLEA intercepts large consignment of cocaine at Lagos airport

The National Drug Law Enforcement Agency (NDLEA) has intercepted a large consignment of cocaine at the Murtala Muhammed International Airport (MMIA) Strategic Command, Lagos. A statement by the NDLEA Spokesman, Femi Babafemi, on Sunday in Abuja said that the consignment was concealed in heads of im…

Source: Vanguard
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Vanguard Pending
1 month, 1 week ago Business

Nigeria’s petrol consumption falls to 56.9m litres/day in February – NMDPRA

By Udeme Akpan Nigeria’s average daily consumption of Premium Motor Spirit (PMS), also known as petrol, dropped to 56.9 million litres per day in February 2026, down from 60.2 million litres per day in January. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) disclosed …

Source: Vanguard
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Vanguard Verified
1 month, 3 weeks ago Business

NRC digitises operations to curb vandalism, revenue leakages

Kayode Opeifa By Folarin Kehinde The Managing Director of the Nigerian Railway Corporation (NRC), Dr Kayode Opeifa, has unveiled plans to deploy electronic and electrical systems across the nation’s rail network as part of a sweeping modernisation drive aimed at reducing vandalism, blocking revenue…

Source: Vanguard
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Vanguard Verified
1 month, 3 weeks ago Business

Group warns against politicising Southern Kaduna amid El-Rufai controversies

Former Kaduna State governor Nasir El-Rufai By Ibrahim Hassan-Wuyo The Southern Kaduna Professionals Forum (SKPF) has cautioned political actors against drawing the region into ongoing debates surrounding former Kaduna State Governor Nasir El-Rufai, insisting that the experiences of the people shou…

Source: Vanguard
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