Dangote announces a special offer, allowing Nigerians to purchase 2 million litres of fuel at a reduced price of N970, aiming to ease fuel costs. Dangote...
Nigeria’s foreign reserves reach $40.88 billion, according to the Central Bank of Nigeria (CBN) governor, marking a positive shift for the country’s economic outlook. Olayemi Cardoso,...
The Central Bank of Nigeria (CBN) raises the interest rate to 27.5%, citing surging inflation as the primary reason for the policy adjustment. The Monetary Policy...
The Presidency announces that 200 trucks will load petroleum products daily from the Port Harcourt Refinery, boosting fuel distribution and enhancing local production capacity. The presidency...
After years of anticipation, the Port Harcourt refinery has commenced production, marking a significant milestone in Nigeria’s efforts to boost local fuel processing and reduce import...
Nigeria’s economy shows positive growth with a 3.46% GDP increase in the third quarter of 2024, signaling recovery and resilience amidst global challenges. Nigeria’s Gross Domestic...
Minister Festus Keyamo highlights Nigeria’s potential as Africa’s leading aviation market, citing its strategic position and growth opportunities. According to Festus Keyamo, the Minister of Aviation...
Dangote Refinery announces a reduction in petrol prices, offering relief to marketers and boosting affordability in Nigeria’s energy sector. On Sunday, the Dangote Petroleum Refinery declared...
A new report reveals Dangote and other local refiners face challenges securing sufficient crude oil supplies, impacting Nigeria’s refining capacity. Edwin Devakumar, the Vice-President of Dangote...
The Nigerian Naira plunges to an unprecedented exchange rate of ₦1,750 per US dollar, raising economic concerns nationwide. On Friday, the Nigerian currency, Naira, weakened in...