We’re not responsible for petrol price hike — Dangote Refinery
Dangote Refinery has clarified its increase in the ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, saying…
Why we issued oil import licences to NNPCL, marketers — NMDPRA
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has explained to a Federal High Court in Abuja the reasons…
SEC sets January 31 deadline for CMO registration renewals
The Securities and Exchange Commission (SEC) has reminded Capital Market Operators (CMOs) to ensure that they renew their registration on…
Senator Natasha lauds Tinubu, NNPC on groundbreaking of LNG plants in Ajaokuta
Senator Natasha Akpoti-Uduaghan has expressed her heartfelt gratitude to President Bola Tinubu and the Nigerian National Petroleum Company Limited (NNPC)…
FAAC: FG, States, LGs share N1.424trn December 2024 revenue
A total of N1.424 trillion, representing the December 2024 Federation Account Revenue, has been shared among the Federal, State, and…
NNPC debunks purported recruitment for Port Harcourt refinery
The Nigerian National Petroleum Company Limited (NNPC Ltd) has urged the public to disregard the purported recruitment announcement for the…
JUST IN: Dangote Refinery increases petrol prices from N899 to N955/litre
The Dangote Petroleum Refinery has increased the price of Premium Motor Spirit (PMS), popularly known as petrol, from N899.50 to…
Why we’re supporting establishment of Africa Energy Bank — NMDPRA
The Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk A. Ahmed, has stated that…
Nigeria’s economy to grow by 3.6% amid reform – World Bank
The World Bank on Thursday projected 3.6 per cent average economic growth for the Nigerian economy between 2025 and 2026,…
Petrol price stood at N1,214.17 in November 2024 —NBS
THE National Bureau of Statistics (NBS) says the average retail price of a litre of petrol increased from N648.93 in…
CBN launches DocFlow, MDA naira payment solutions
THE Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, launched two transformative initiatives: the Document Flow (DocFlow)…
Tax Reform Bills to be signed into law, Q1 2025, implementation to commence July —Oyedele
BARRING all odds, the vexatious tax reform bills may be signed into law by the first quarter of this year…
Banks announce expiry of 2019 NCS/NICPAS cheque booklets
THE Nigerian banking sector has issued an important advisory to customers, notifying them of the expiry of cheque booklets issued…
Developing economies face tougher times as global economy stabilises —World Bank
THE World Bank’s latest Global Economic Prospects report has projected that developing economies, which fuel 60 percent of global growth…
PHOTOS: Landmark partners Enugu govt to lease 150-hectare Nike lake resort
Landmark Africa Group has partnered with the Enugu State Government to lease the 50-hectare Nike Lake resort for 35 years.…
How Dangote Refinery is reducing Nigeria’s fuel imports — OPEC
The Organisation of the Petroleum Exporting Countries (OPEC) has highlighted how the Dangote Petroleum Refinery is helping reduce Nigeria’s reliance…
NNPC remits N10trn into federation account Q3 2024
Group Managing Director of Nigerian National Petroleum Company Limited (NNPCL), Dr. Mele Kyari, on Wednesday disclosed that the company has…
‘Multi-billion dollar investments signal new era of industrial transformation for West Africa’
West Africa is on the cusp of a transformative industrial revolution as multi-billion dollar investments pour into the region, signaling…
Telecoms tariff hike shouldn’t be more than 30 to 60% — Minister
The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has stated that the proposed telecoms tariff hike shouldn't be…
AEO saves importers, logistics operators, SMEs N100m in four months — Customs
Nigeria Customs Service (NCS), on Wednesday, revealed that the Authorised Economic Operator (AEO) programme, which is still in its pilot…
