Petrol pump price remains N1,025 per litre despite Dangote Refinery slash

The minimum pump price of petrol has not responded to the latest Dangote Petroleum Refinery ex-pot…

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EXCLUSIVE: Why CBN set N100,000 daily withdrawal limit on PoS terminals

The Central Bank of Nigeria, CBN, has explained the introduction of a N100,000 daily withdrawal limit…

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Landing cost of petrol drops to N970 per litre — Marketers

In a sign of stability in the downstream sector, the Major Energy Marketers Association of Nigeria,…

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FG plans N13tn loan as Tinubu presents N49.7tn 2025 budget

President Bola Tinubu’s government is planning to spend N8.97tn of its projected N49.70tn budget on defence…

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Food inflation hits 40% despite FG $3.3bn agric loan

Despite securing multilateral loans amounting to $3.334bn (N5.178tn) and attracting over $4.3bn investments to boost food…

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FG’s electricity subsidies rise 2.76% to N199.64bn in Dec — NERC

The Nigerian Electricity Regulatory Commission, NERC, has disclosed that electricity subsidies payable by the Federal Government for…

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CBN slams N1.2m daily limit on PoS agents

The Central Bank of Nigeria (CBN) has restricted Point of Sales (PoS) agents to a daily…

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NNPCL supported Dangote refinery establishment with $1bn loan – Official

The Nigerian National Petroleum Company Limited has said it secured a $1bn loan backed by crude…

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Naira appreciates to N1,660/$ in parallel market

The naira had a turbulent trading week as the exchange rate to the dollar experienced sharp…

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We’ve exported petrol to Cameroon, Ghana, Angola, South Africa — Dangote Refinery

The Dangote Petroleum Refinery said it has exported Premium Motor Spirit, PMS, also known as petrol…

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