The Dangote Petroleum Refinery & Petrochemicals has slashed the ex-gantry price of Premium Motor Spirit (petrol) to N1,200 per litre,…
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TAAG Angola Airlines begins operations to Abidjan
TAAG Angola Airlines has announced its entry to Abidjan, the Côte d’Ivoire capital, reinforcing its commitment to expanding its destination…
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Electricity tariff hike imminent as Gencos step up pressure
Electricity generation companies have called on the Nigerian Electricity Regulatory Commission to urgently review electricity tariffs following the Federal Government’s…
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Oil surges, global stocks fall as Trump threatens to bomb ‘Iran to stone age’
Oil prices spiked, and stocks sank on Thursday after Donald Trump reiterated that US forces would hammer Iran for another…
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Nigeria Enforces “No Certification, No Entry” Rule for Vehicle Imports
The Federal Government has introduced a sweeping regulatory framework that fundamentally changes vehicle importation into Nigeria, making certification a compulsory…
Read MoreNigeria Records Lowest Petrol Imports As Dangote Refinery Dominates Supply
Nigeria’s petrol imports fell sharply in February as Dangote Refinery drove domestic supply, meeting about 92% of market demand. Nigeria…
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In Win For Dangote, Nigeria Suspends Petrol Import Permits
In win for Dangote, NMDPRA suspends new petrol import permits after Africa’s richest man’s refinery demonstrates capacity to meet Nigeria’s…
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CBN Reduces Interest Rate To 26.50%
The Central Bank of Nigeria has cut the interest rate by 50 basis points to 26.50 percent from 27 percent.…
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