Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
The Federal Government of Nigeria, under President Bola Tinubu, has secured loans totalling $6.45 billion from the World Bank within just 16 months. This total has…
The Federal Government announced on Tuesday that a consortium of South Korean investors is set to build four refineries in Nigeria, each with a capacity of…
The Federal Government has said it is not responsible for the hike in the pump price of petrol. On Wednesday, the Nigerian National Petroleum Company Limited…
The price of Premium Motor Spirit (PMS) popularly known as petrol has risen across the country as independent oil marketers, which account for the majority of…
Former Minister of Transportation Chibuike Amaechi has said that he is angry with the way Nigerians are responding to the current economic challenges. Amaechi made this…
The price of petrol at Nigerian National Petroleum Company Limited (NNPC Ltd) outlets in Abuja increased to N1,030 per litre on Wednesday. The development follows the…
The Minister of Aviation and Aerospace Management, Festus Keyamo has denied saying that the federal government approved the Dangote Petroleum Refinery Company as the sole supplier…
The Nigerian National Petroleum Company Limited (NNPC) is ending its exclusive purchase agreement with Dangote Refinery, opening up the market for other marketers to buy petrol…
A businesswoman who has been identified as Rukaiyyat has slumped after she lost N2.3 million at the Abaji main market of the Federap Capital Territory. According…
The Nigerian Upstream Petroleum Regulatory Commission has expressed fear that Nigeria may face a gas supply crisis in 2030. NUPRC’s Chief Executive, Gbenga Komolafe, stated this…
