There is anxiety in Nigeria’s downstream oil sector as indication emerged on Wednesday of Dangote Refinery’s plan to halt supply...
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Business News and Updates
The Naira depreciated against the dollar across foreign exchange markets on Monday to begin the week on a negative note....
The Nigerian naira recorded the highest depreciation against the dollar across official and parallel foreign exchange markets on Wednesday. ...
Financial analyst and Chief Economist at SPM Professionals, Paul Alaje, has said that the price of Premium Motor Spirit (petrol)...
Nigeria’s House of Representatives has issued a three-day ultimatum to oil companies that failed to appear for its investigative hearing...
The Independent Petroleum Marketers Association has confirmed that their members are already moving away from the Nigerian National Petroleum Company...
The Independent Petroleum Marketers Association of Nigeria, IPMAN, has asked its members not to proceed with the proposed nationwide shutdown...
Africa’s richest man and billionaire, Aliko Dangote, has revealed that unstable electricity supply and inconsistencies in government policies have remained...
The Petroleum Products Retail Outlet Owners Association of Nigeria said it has commenced dialogue with the Nigerian government over the...
Dangote Petroleum Refinery on Wednesday, announced a reduction in the ex-depot (gantry) price of Premium Motor Spirit, PMS, commonly referred...