Dangote Refinery, Marketers to meet over petrol price reduction
The Independent Petroleum Marketers Association of Nigeria has revealed that its members will be meeting with Dangote Refinery this week over the direct lifting of Premium…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
Fresh electricity tariff hike looms as Nigeria’s monthly power subsidy hits N181.63bn
Another electricity tariff hike may be introduced in October 2024 by the Nigerian Government as the country’s monthly power subsidy rose to N181,63 billion in September.…
Coca-Cola Announce $1 Billion Dollar Investment in Nigeria
Soft drinks manufacturing company, Coca-Cola has announced plans to invest $1 billion in the country over the next five years. This announcement was made during a…
Lagos Govt Seals Popular Oshodi Market
The Lagos State Environmental Sanitation Corps, also known as KAI, has sealed off Idera Market in Oshodi due to environmental law violations. Corps Marshal Major Olaniyi…
CBN To Maintain Controversial Cybercrime Levy Despite Economic Hardship
The Central Bank of Nigeria (CBN) has confirmed that it will continue to enforce the cybercrime levy of 0.005% on all electronic transactions in the 2024-2025…
“Nigeria Can’t Depend on Dangote Refinery Alone” – Petrol Marketers
Nigeria’s petroleum marketers have expressed concerns that the country cannot rely solely on Dangote Refinery to meet its daily Premium Motor Spirit (Petrol) consumption. According to…
Dangote, Dantata Donate N2.5bn to Borno Flood Victims
Billionaire Businessman and Chairman of Dangote Group, Alhaji Aliko Dangote has pledged a donation of 1 billion naira to victims of the flood in Maiduguri, Borno…
Tinubu’s sport minister acquires new N150m Car amid worsening economy
A fresh revelation has emerged about the Minister of Sports, John Enoh, who recently purchased a brand-new Toyota Prado LC300 3.5L Twin Turbo Auto leather seat…
NNPCL announces pump prices nationwide after lifting Dangote Refinery petrol
The Nigerian National Petroleum Company has released a breakdown of estimated prices of Premium Motor Spirit (Petrol) from Dangote Refinery in retail stations across the country…
NNPCL Reveals How Much It Purchased Petrol From Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPCL) has revealed that it purchased petrol at N898 per litre from the Dangote Refinery, contradicting earlier claims of a…