The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has exposed the presence of 22,074 suspicious personnel on the payroll of the Federal Government, […]
Category: Business
Business
Federal Government Ramps Up Efforts for Naira-Based Crude Sales to Local Refineries
The Federal Government has intensified its efforts to ensure a smooth implementation of President Bola Ahmed Tinubu’s directive for the sale of crude oil to […]
IPMAN Anticipates Dangote Refinery’s Petrol Prices to Range Between N600 and N650/Litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is optimistic that the Dangote Petroleum Refinery will sell Premium Motor Spirit (PMS), commonly known as petrol, […]
Obasanjo Warns of Efforts to Frustrate Dangote Refinery, Criticizes Government’s Economic Policies
Former President Olusegun Obasanjo has voiced concerns that individuals benefiting from Nigeria’s fuel importation business may attempt to undermine the $20 billion Dangote Petroleum Refinery. […]
Dangote Refinery to Require N1.7tn Worth of Crude Monthly Following Presidential Directive
The Dangote Petroleum Refinery will need approximately N1.7 trillion worth of crude oil monthly due to President Bola Tinubu’s directive mandating the Nigerian National Petroleum […]
IMPI Predicts Food Price Drop Amid Import Duty Suspension
A policy think-tank group, Independent Media & Policy Initiative (IMPI), forecasts a significant drop in food prices following the federal government’s suspension of import duties […]
Tinubu Approves Sale of Crude Oil in Naira to Dangote Refinery, Experts Predict Price Crash
President Bola Tinubu has approved the sale of crude oil to the Dangote Petroleum Refinery in naira, a move anticipated to lower the prices of […]
Nigeria Leads African Oil Production with 1.61mbpd Output, NUPRC Reports
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that Nigeria remains the dominant crude oil producer in Africa, with a daily output of 1.61 […]
Nigeria and U.S. Customs Strengthen Ties to Combat Cross-Border Crimes
On July 18, Comptroller-General of Customs (CGC) Bashir Adewale Adeniyi met with U.S. Customs and Border Protection (CBP) in Washington, D.C., to revitalize the decade-old […]
Aliko Dangote Offers to Sell Refinery Stake to NNPC Amid Dispute
Aliko Dangote, Africa’s wealthiest man, has announced his willingness to sell his multibillion-dollar oil refinery to the state-owned energy company, NNPC Limited. The announcement comes […]