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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Rail revenue falls 4% to N2.2bn in Q3’24
Revenue generated from rail transport fell by 4.7 percent year-on-year (YoY) to N2.19 billion in the…
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FG overshoots 2024 borrowing target by N4trn
As President Bola Tinubu prepares to present to the National Assembly tomorrow, the 2025 national budget…
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N2.7tn debt: Nigerians face blackout as gas producers cut supply to Gencos
Wholesale gas-producing companies have abruptly stopped the supply of natural gas to power generation companies for…
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US Embassy issues new visa directive for Nigerian applicants
United States Embassy in Nigeria has announced updates to its immigration visa process, effective January 1,…
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NNPCL uncovers 34 illegal refineries, 17 illegal pipeline connections in one week
The Nigerian National Petroleum Company Limited said it uncovered at least 34 illegal refineries and 17…
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