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The World Trade Organization (WTO) has reappointed Nigeria's Ngozi Okonjo-Iweala as Director-General for a second term. The WTO revealed this in a post on X on Friday. The World Trade Organiza
The Dangote Petroleum Refinery has announced a decrease in the current price of its Premium Motor Spirit (PMS) from N990 per litre to N970 per litre. The refinery disclosed this in a statement ... Read more
Business owners in Bauchi, Gombe and Jigawa are recording losses due to week-long blackout ocassioned by vandalism of the power transmission line in parts of northern Nigeria. The sudden disrupti ... Read more
There are strong signals that an increase in the price of Premium Motor Spirit (PMS), also known as petrol is imminent. The anticipated hike, players note, is primarily driven by a rise in the exc ... Read more
Hopes for a potential reduction in petrol prices, following the commencement of supply from Dangote Refinery, were dashed, yesterday, as NNPC Limited released a new pricing template that raised pump p ... Read more
The Nigerian National Petroleum Company Limited (NNPC Ltd.), has released estimated prices of Premium Motor Spirit (PMS), known as fuel, obtained from the Dangote Refinery in its retail stations natio ... Read more
A development economist, Mohammed Nezifi, has warned that the government will face pressure to increase workers’ wages following the recent hike in petrol prices. In an interview with the News Age ... Read more
The Federal Competition and Consumer Protection Commission (FCCPC) has granted a one-month grace period for traders and market stakeholders to lower prices on goods. The decision, announced by the ... Read more
The International Monetary Fund (IMF), says achieving Nigeria’s projected 3.1 per cent economic growth outlook for 2024 is dependent on implementation of stronger reforms. Dr Christian Ebeke, IMF ... Read more
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has begun shipment of Liquefied Natural Gas (LNG) cargoes to Japan and China on Delivered Ex-Ship (DES) basis. Mr Olufemi Soneye, Chief ... Read more
The Federal Government says it will begin crude oil sales in Naira to Dangote Refinery and others in October. This is according to a statement by the Director Press and Public Relations, Federal M ... Read more
The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has not paid fuel subsidy to anybody in the last nine years. Chief Financial Officer of the company, Alhaji Umar Ajiya made the ... Read more
The Nigerian National Petroleum Company Ltd (NNPCL) has demonstrated remarkable profitability, achieving a Profit After Tax of N3.3tn for the 2023 financial year. NNPC, Olufemi Soneye, disc ... Read more