Business

The Nigerian National Petroleum Company Limited (NNPCL) could commence supply of crude oil in naira to the Dangote Petroleum Refinery this week following the announcement by the Federal Government that...

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN) has said the apex bank once again raised interest rates in its last Monetary Policy Committee (MPC) meeting to control...

The Nigerian National Petroleum Company Limited (NNPCL) has earmarked 272,500 barrels per day to pay off $8.86 billion in rude-for-loan deals. The 272,500 barrels per day connotes that about 8.17...

According to news reports, the Nigerian National Petroleum Company Limited (NNPCL) has allocated 48.6 million barrels of crude oil to Dangote Petroleum Refinery in 10 months. In a Vanguard News...

Once again, the Nigerian National Petroleum Company Limited (NNPCL) has missed its deadline for recommencement operations at the Port Harcourt refinery. As of October 2024, the failure is the company's...

The landing cost of Premium Motor Spirit (PMS) has dropped from the N981/litre recorded on 25 September to N945.63/litre as of 27 September according to data released by the Major...

The Federal Government of Nigeria has announced plans to reduce transportation fares by over 40 per cent through the adoption of Compressed Natural Gas for commercial vehicles. This initiative was...

The Nigerian National Petroleum Corporation (NNPCL) which is the sole off-taker “for now” of Premium Motor Spirit (PMS) from the Dangote refinery has continued to maintain that it bought petrol...

The Naira depreciated to N1,658.48 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM). The Financial Market Infrastructure Group warehousing (FMDQ) data indicated that the exchange rate for NAFEM...

MTN Foundation says the institution has granted scholarships across categories to 13,717 Nigerians in the past 13 years. The foundation’s director, Mrs. Aishatu Sadauki, announced that the beneficiaries cut across...