Depot owners dismiss accusations of blocking local refineries, insisting they are committed to the growth of the local refining industry. DAPPMAN has vehemently refuted allegations that...
Nigerian Customs has released new guidelines for the zero-duty policy on food imports, aiming to ease food scarcity and inflation. On Wednesday, the Nigeria Customs Service...
According to the CBN, Nigerian banks’ non-performing loans dropped to 3.9% in June, reflecting an improvement in loan performance. In June 2024, the Non-Performing Loans (NPLs),...
Azman Air has suspended all operations and placed its staff on unpaid leave, citing operational challenges. All Azman Air employees have been instructed to take mandatory...
The Naira shows strength in the parallel market, appreciating against the dollar as exchange rates improve. The Naira had a minor surge on Monday in the...
An official has revealed that the NNPC reduced its stake in the Dangote refinery to redirect funds towards investments in Compressed Natural Gas (CNG). This strategic...
The NDIC explains that 17.64% of Heritage Bank’s depositors have not yet been paid due to ongoing processes and challenges in the bank’s financial recovery. The...
Edo Refinery has lamented the ongoing shortage of crude oil supply, urging for measures to address the disruption and ensure steady operations. Despite having a production...
The Dangote Refinery has refuted claims by the NUPRC, stating that it has not received the alleged allocation of 29 million barrels of crude oil, challenging...
Federal Government faces backlash from Nigerians as the PH refinery take-off continues to be delayed, with repeated announcements but no progress. The Independent Petroleum Marketers Association...