Dangote Refinery Begins Direct Petrol Supply to Oil Marketers. The Dangote Petroleum Refinery has started supplying Premium Motor Spirit (PMS), commonly known as petrol, directly to...
Nigeria’s Petrol Consumption Plummets by 92% Amid Subsidy Removal and Distribution Gaps. Nigeria has experienced a sharp decline in daily petrol consumption, dropping by 92% in...
According to him, a major component of AfDB’s energy strategy is the launch of the Desert to Power initiative, a 20 billion-dollar initiative to provide electricity....
NNPC, Chevron discover oil in Niger Delta. The NNPC Limited – Chevron Nigeria Limited Joint Venture (NNPC-CNL JV) has made a significant near-field oil discovery with...
Naira rises to N1,680/$ in parallel market. The Naira, yesterday, appreciated to N1,680 per dollar in the parallel market from N1,690 per dollar last weekend. Similarly,...
The National Security Adviser, Nuhu Ribadu, stated a year ago that the country is losing 400,000 barrels of oil per day to crude oil thieves. Data...
Rising Petrol Prices Drive Inflation Surge to 32.70%. Nigeria’s headline inflation rate for September 2024 rose to 32.70 percent after slowing consecutively in July and August....
MTN Calls for Fair Regulations and Level Playing Field in the Telecom Industry. MTN Nigeria and other multinational business owners have appealed to the Federal Government...
Naira appreciates to N1,680/$ in parallel market. The Naira yesterday appreciated to N1,680 per dollar in the parallel market compared to N1,690 per dollar last weekend....
•It’ll continue if… — bakers •Flour millers give reasons for high prices •Production cost rises 45% to N2.2trn •Revenue rises faster at 47.5% to N2.5trn By...