Business & Economy
NNPCL Raises Petrol Price Amid Supply Disruption
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS) at its retail outlets, with stations ...
Business & Economy
Karimi Slams PENGASSAN Over Dangote Refinery Shutdown Threat, Calls Action ‘Economic Sabotage’
Kogi West Senator, Sunday Karimi, has warned the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to desist from actions that ...
Business & Economy
Dangote Refinery Halts Petrol Sales in Naira
The Dangote Petroleum Refinery has announced the suspension of petrol sales in naira, a move that unsettled marketers on Friday and reignited concerns ...
Business & Economy
CBN Raises Alarm as Poor Naira Handling Pushes Currency Printing Cost to ₦315bn
The Central Bank of Nigeria (CBN) has warned that the abuse and poor handling of naira banknotes are driving up the cost of ...
Business & Economy
Fuel Supply Tussle: Marketers Urge Dangote to Cut Prices, Open Access to Depots
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has called on the Dangote Petroleum Refinery to widen access to fuel supply ...
Business & Economy
14 Banks Meet CBN’s Fresh Capital Rules
The Central Bank of Nigeria (CBN) yesterday announced that 14 Nigerian banks have successfully met the new minimum capital requirements under its ongoing ...
Business & Economy
CBN Slashes Interest Rate to 27% as Inflation Eases, Signals Boost for Economy
ABUJA — The Central Bank of Nigeria (CBN) on Tuesday reduced the Monetary Policy Rate (MPR) from 27.5 percent to 27 percent, marking ...
Business & Economy
Fuel Shortage Hits as Dangote Refinery’s Free Distribution Scheme Delayed
ABUJA — Several filling stations across the Federal Capital Territory (FCT) have remained closed for over four days, leaving motorists scrambling for fuel, ...
Business & Economy
CPPE Hails CBN Governor Cardoso’s Two-Year Reforms
The Centre for the Promotion of Private Enterprise (CPPE) has lauded the Central Bank of Nigeria (CBN) governor, Olayemi Cardoso, for key economic ...
Business & Economy
Dangote Refinery Halts Self-Collection Fuel Sales Amid Face-Off With Marketers, NUPENG
The Dangote Petroleum Refinery has announced the suspension of all self-collection gantry sales of Premium Motor Spirit (PMS), effective Thursday, September 18, 2025. ...