•Fuel queue Long queues are snaking back at petrol stations across Africa’s biggest economy, raising fresh concerns about shortages as the Nigerian National Petroleum Company Ltd (NNPCL) struggles with a staggering $6 billion petrol payment backlog. NNPC owes around $6 billion to international traders for imported petrol as traders said the st...
•CBN Governor Cardoso The Central Bank of Nigeria (CBN) says it has settled all outstanding foreign exchange (FX) obligations. Acting Director of Corporate Communications, Mrs Sidi Ali, said in a statement made available to journalists yesterday. Ali said the financial regulator recently concluded the payment of obligations to bank customers, ...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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