Business
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NNPCL Petrol Price Reduction: NNPC Stations Lower Pump Price to N860/Litre
March 5, 2025
NNPCL Petrol Price Reduction: NNPC Stations Lower Pump Price to N860/Litre
By DAYO ADESULU ABUJA – The Nigerian National Petroleum Company Limited (NNPCL) has implemented a petrol price reduction, lowering the…
Petrol Price Reduction in Nigeria to Continue Until June 2025, Says Bismarck Rewane
March 4, 2025
Petrol Price Reduction in Nigeria to Continue Until June 2025, Says Bismarck Rewane
By DAYO ADESULU The Managing Director of Financial Derivatives Company Limited, Bismarck Rewane, has projected that the ongoing petrol price…
MTN Nigeria Reports N400.44bn Loss Amid Naira Devaluation Impact
February 28, 2025
MTN Nigeria Reports N400.44bn Loss Amid Naira Devaluation Impact
By DAYO ADESULU MTN Nigeria has reported a staggering N400.44bn loss after tax for the fiscal year ended December 31,…
FG Moves to Regularise Electricity Tariffs for Fairer Pricing and Investment Boost
February 27, 2025
FG Moves to Regularise Electricity Tariffs for Fairer Pricing and Investment Boost
By DAYO ADESULU The Federal Government has unveiled plans to implement electricity tariff regularisation in Nigeria, aimed at addressing disparities…
Minister of Agriculture Condemns Price Exploitation Despite Cost Reductions
February 19, 2025
Minister of Agriculture Condemns Price Exploitation Despite Cost Reductions
By DAYO ADESULU The Federal Government has called on retailers to adjust their prices to reflect recent reductions in food…
Dangote Refinery Slashes Diesel Prices, Paving the Way for Nigeria’s Energy Revolution
February 12, 2025
Dangote Refinery Slashes Diesel Prices, Paving the Way for Nigeria’s Energy Revolution
By DAYO ADESULU Cost of Diesel Drops to N1,020/Litre, Providing Relief to Manufacturers and Consumers Amidst Economic Challenges In a…
Nigeria’s Lithium Rush: How Artisanal Miners Are Cashing In on the ‘New Oil
February 6, 2025
Nigeria’s Lithium Rush: How Artisanal Miners Are Cashing In on the ‘New Oil
By DAYO ADESULU The Rise of Artisanal Lithium Mining in Nigeria In the heart of Nasarawa State, 31-year-old Abdullahi Ibrahim…
Dangote Refinery Achieves Major Milestone with First Jet Fuel Export to Saudi Aramco
February 6, 2025
Dangote Refinery Achieves Major Milestone with First Jet Fuel Export to Saudi Aramco
By DAYO ADESULU Nigeria’s Energy Sector Breaks New Ground as Dangote Refinery Sells Jet Fuel to World’s Largest Oil Producer…
Oil Marketers Dump NNPCL Franchise as Dangote Refinery Disrupts Fuel Market
February 5, 2025
Oil Marketers Dump NNPCL Franchise as Dangote Refinery Disrupts Fuel Market
By DAYO ADESULU Lagos, Nigeria – A major shift is occurring in Nigeria’s petroleum sector as independent oil marketers are…
Nigerian Petroleum Marketers Face Surging Borrowing Costs Amid High Inflation
February 3, 2025
Nigerian Petroleum Marketers Face Surging Borrowing Costs Amid High Inflation
By DAYO ADESULU Nigeria’s leading petroleum marketers have recorded a staggering rise in bank borrowing, with loans surging by 76.5%…