Business & Economy
Inflation Relief: Nigeria’s Headline Rate Drops to 22.97% in May — NBS
In a welcome development for Nigeria’s economy, the National Bureau of Statistics (NBS) has announced a notable decline in the country’s headline inflation ...
Business & Economy
Insecurity Forces Oil Giants Out of Nigeria Despite Government Incentives — PENGASSAN
Union urges FG to adopt NLNG model for refineries, demands transparency in fuel pricing ABUJA — The Petroleum and Natural Gas Senior Staff ...
Business & Economy
Dangote Refinery Launches Nationwide Fuel Distribution with Free Delivery and CNG-Powered Tankers
…Major boost for fuel accessibility, logistics, and Nigeria’s economic growth LAGOS — In a bold move set to reshape Nigeria’s energy distribution landscape, ...
Business & Economy
North-East Power Outage: TCN Announces 5-Day Blackout for Substation Upgrade
The Transmission Company of Nigeria (TCN) has announced a planned power outage across parts of the North-East, scheduled to last from 10:00 a.m. ...
Business & Economy
Rising Tide: Petrol and Diesel Prices Set to Climb as Global Oil Costs Surge
There are strong indications that the pump prices of Automotive Gas Oil (AGO), commonly known as diesel, and Premium Motor Spirit (PMS), also ...
Business & Economy
Oil Price Crash Threatens Nigeria’s $5bn Aramco Loan Deal
Nigeria’s proposed $5 billion oil-backed loan deal with Saudi oil giant Aramco has hit a snag as falling global crude prices raise red ...
Business & Economy
Global Growth Slows to Lowest Since 2008 Amid Rising Trade Tensions — World Bank Warns
Policy uncertainty, tariff hikes, and mounting debt weigh heavily on developing economies Global economic growth is set to decelerate to its slowest pace ...
Business & Economy
NNPCL Warns Against Fraudsters Posing as Company Representatives
The Nigerian National Petroleum Company Limited (NNPCL) has issued a fresh warning to the public, cautioning against individuals and organizations falsely claiming to ...
Business & Economy
IPMAN: Dangote Refinery Should Sell Petrol at N770 per Litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has stated that Premium Motor Spirit (PMS) from Dangote Refinery should be sold at around ...
Business & Economy
Historic Milestone: GEIL Launches Nigeria’s First Indigenous Onshore Crude Export Terminal in 50 Years
Rivers State, Nigeria — In a major breakthrough for Nigeria’s oil and gas sector, indigenous energy firm Green Energy International Limited (GEIL) has ...