We don’t want our money to be flowing outside. We want to hold it so that…
Category: Economy
Dangote wants court to make him sole supplier of fuel despite 748m litres supply shortfall
The intervention of the Honourable Court has become necessary in order to stem the incessant violation…
Rivers State Government seals employment deal with NLNG for youths
The reason is to foster inclusiveness, ensuring that all communities impacted by a company’s operations benefit…
Benue government set to create 253 job opportunities in digital sector
The Governor also directed the immediate release of salaries for the new positions, ensuring that the…
Lack of electricity killing businesses in Nigeria, says Adesina
Adesina said that it amounted to 5.8 per cent loss in the nation’s Gross Domestic Product…
NASENI awards N70.5 million grant to 6 female engineers under Delt-Her Initiative
We are recognizing and celebrating our awardees for their amazing feats, while also recognizing the just…
Nigeria’s inflation rose to 32.70% in September 2024 – NBS
This is largely attributed to rising prices of staples such as rice, maize, beans, and yams.…
Petroleum marketers can now buy products directly from Dangote Refinery – FG
This direct purchasing mechanism allows marketers to negotiate commercial terms directly with the refineries, fostering a…
Fuel price hike: Blame global market changes, FG tells Nigerians
The prices of petroleum products are rising globally, and NNPCL, being a limited liability company, cannot…
NNPCL owing us ‘almost ₦15bn’ — IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says the Nigerian National Petroleum Company Limited (NNPCL)…
From cement to PMS: Dangote’s monopolistic fangs propel new price hike
With the new price by Dangote Refinery, the NNPC Ltd has adjusted the price of Premium…
NNPCL hikes pump price of fuel to N1,030 in FCT, N998 in Lagos
This upward review comes amidst unprecedented economic hardship resulting from incessant fuel hikes and harsh economic…
NGICE team visits NIPC boss ahead Nigerian/German Expo
The Nigerian-German Investment and Cultural Expo is a public private partnerships initiative, a collaborative efforts of…
Reps urge FG to allow independent marketers buy fuel from Dangote Refinery
Given the high demand by millions of Nigerians for PMS, and the trouble associated with getting…
Dangote’s claim that PMS is cheaper In Nigeria than Saudi Arabia incorrect
How 63 cent per litre in Saudi is 40% cheaper compared to 67 cent per litre…
PH, Warri, Kaduna Refineries: Falana seeks information on completion date
In view of the foregoing, you are advised to accede to our request in order to…
CBN withdraws 2024-2025 policy guidelines over misrepresentations
The CBN has temporarily withdrawn the document to minimise risk of any further misrepresentation. By Saidu…
Tinubu elated over $1B Coca-Cola investment, assures of friendly business environment
We are building a financial system where you can invest, re-invest, and repatriate all your dividends.”…
Hardship: Bank of Industry donates food items to Sokoto Government
The gesture is in line with the state government’s palliative initiatives, and commended BOI for the…
Market forces, not NNPCL responsible for PMS Pricing – Yoruba Stakeholder Assembly
It is imperative to clarify that neither the government nor the Nigerian National Petroleum Company Limited…
Stakeholders worry as Dangote Refinery fails to meet 25m litres fuel supply target
For this initial loading, the price was N898 per liter. I can also confirm, in response…
Nigeria’s inflation rate dropped to 32.15% in August: NBS
The decline in food inflation on a month-on-month basis was caused by a decrease in the…
We bought petrol at N898 per litre from Dangote Refinery, NNPCL insists
The Nigerian National Petroleum Company Limited says it stands by its earlier disclosure that Dangote Refinery…
Marketers say petrol loading from Dangote refinery begins next week
The agreement on price has not been reached yet, but what I asked our people was…
Nigeria records N6.94tr trade surplus in Q2 2024
Other oil product exports in Q2 2024 stood at ₦2.915.12 trillion, showing an increase of 53.28%…
No increase in VAT, remains 7.5% – Wale Edun
For emphasis, as of today, VAT remains 7.5% and that is what will be charged on…
Benue Government seals Samuel Ortom’s company
Its business premises were shut because of its ownership by former Governor Samuel Ortom The Benue…
Enough of stories, deliver petrol to Nigerians, group chides Dangote
This confusion has sparked frustration among Nigerians, who are eagerly awaiting the introduction of locally refined…
Reconstitute your economic team now, coalition urges Tinubu
It is evident that the recent hike in fuel prices and the unstable exchange rate are…
Current fuel crisis, a failure of Nigeria’s economy managers, group frowns
The Bloggers and Vloggers, Content Creators Association of Nigeria (BAVCCA) has said it is shocking that…