The Central Bank of Nigeria (CBN) has raised concerns about potential downside risks to the country’s external reserves in the coming years due to key […]
Category: Economy
Economy
Dangote Refinery’s Petrol Price Sparks Debate Among Oil Marketers and Industry Stakeholders
Oil marketers and industry stakeholders have raised concerns about the pricing of Premium Motor Spirit (PMS) produced by the Dangote Refinery, following its release by […]
NNPCL, Dangote Clash Over Petrol Pricing Amid First Fuel Supply
The Nigerian National Petroleum Company Limited (NNPCL) and Dangote Refinery have disagreed over the pricing of petrol supplied by the refinery. NNPCL claimed it purchased […]
NNPC Announces Petrol Prices from Dangote Refinery, Surpassing N1,000 per Litre in Some Northern States
The Nigerian National Petroleum Company (NNPC) Limited has released the estimated prices for petrol sourced from the Dangote Refinery, with prices set to exceed N1,000 […]
NYSC Clarifies Corps Members’ Allowance Amid Minimum Wage Increase
The National Youth Service Corps (NYSC) has clarified that any potential increase in corps members’ allowances, following the approval of the new minimum wage of […]
NNPC and Dangote Refinery Yet to Finalize Deal on Petrol Supply Ahead of September 15 Target Date
With only four days remaining until the September 15, 2024, deadline set by the Nigerian National Petroleum Company Limited (NNPC) to begin lifting Premium Motor […]
Dangote Refinery to Export Petrol if NNPC and Local Traders Block Domestic Sales, Says Vice President Edwin
The Dangote Petroleum Refinery has indicated that it may be forced to export its Premium Motor Spirit (PMS), commonly known as petrol, if the Nigerian […]
Aliko Dangote Presents First Sample of Petrol from Lagos Refinery, Commends Tinubu Administration
Aliko Dangote, President of Dangote Group, has presented the first sample of Premium Motor Spirit (PMS), commonly known as petrol, produced at his refinery. The […]
PETROAN President Warns of Imminent Petrol Price Hike Despite Dangote Refinery’s Commencement of Production
The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gilly-Harry, has issued a warning about a potential increase in the […]
Federal Government Debunks Reports of Directing NNPCL to Sell Fuel at N1000
The Federal Government has refuted viral reports suggesting that the Ministry of Petroleum ordered the Nigerian National Petroleum Company Limited (NNPCL) to sell fuel at […]