EXPOSED: Dangote’s Brother, Importing Substandard Fuel into Nigeria
Implicating Documents revealing Alahaji Aliko Dangote’s half brother as part of the sect importing substandard Petroleum from Malta to Nigeria has been uncovered by Journalist. The…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
BREAKING: FG Announces Date to Start Crude Oil Supply to Dangote Refinery
The Federal Government has announced that it will begin supplying crude oil to the Dangote Refinery in exchange for naira on October 1. According to a…
I mistakenly signed Ogun multibillion-naira trade zone to dubious Chinese investors, Ibikunle Amosun confesses
Former Governor Ibikunle Amosun on Saturday said he was deceived into handing over a free trade facility in Ogun State to an investment group from China,…
NMDPRA directs fuel stations to stop selling in kegs
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has instructed gas stations across the country to cease selling Premium Motor Spirit (PMS), commonly known as…
US Court Gives Chinese Investors Green Light To Seize Nigeria’s Asset
An appellate court in the United States authorised Zhongshan, a Chinese company, to proceed with its efforts to confiscate Nigeria’s assets abroad after it rejected Nigeria’s…
Again, NNPC Fails To Deliver Port Harcourt Refinery
The Nigerian National Petroleum Corporation Limited (NNPCL) has once again failed to commence operations of the Port Harcourt refinery, Rivers State, despite multiple promises and postponements.…
BREAKING: Tinubu removes of Import Duty on Essential Items
President Bola Tinubu has approved the implementation of zero percent import duty and exemption of value-added tax (VAT) on basic food items. According to a letter…
Dangote Refinery to Crash Petrol Price to N600 Naira Per Litre
Nigerian independent petroleum marketers (IPMAN) are expecting the price of petrol from the Dangote Petroleum Refinery to range between ₦600 and ₦650 per liter when it…
Germany Partners With Enugu State For Economic Development
The government of Germany has expressed its eagerness to strengthen economic cooperation with the government and people of Enugu State, especially in the areas of agriculture,…
NUPRC seeks collaboration to drive upstream investment, non-destructive divestment
The Nigerian Upstream Petroleum Regulatory Commission, NUPRC, said yesterday it was working to ensure collaboration with industry regulators and stakeholders to attract businesses in the sector,…