Dangote Refinery Reduces Petrol Price to N970 Per Litre
Dangote Petroleum Refinery has announced a price reduction for Premium Motor Spirit (PMS), from N990 to N970 per litre. The announcement,
Naira Depreciates to N1,750 in Parallel Market
The Naira experienced contrasting movements across exchange markets on Friday, with depreciation recorded in the parallel market and appreciation in
Petrol Landing Cost Drops to N971 Per Litre
The cost of landing Premium Motor Spirit (petrol) in Nigeria has decreased by 20.34%, dropping to N971.57 per litre over
PETROAN Criticizes Dangote Refinery’s For Selling petrol at N990
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has condemned the Dangote Petroleum Refinery for selling petrol at
CBN Denies December 2024 Deadline for Old Naira Notes
In 2022, Nigeria’s Central Bank, led by then-Governor Godwin Emefiele, sparked controversy by announcing plans to redesign the N200, N500,
Naira Depreciates by 43% Amid Inflation Surge and Dollar Demand
As of August 2024, the Nigerian naira has depreciated by 43%, positioning it among the worst-performing currencies in Sub-Saharan Africa,
IPMAN Set to Finalize Fuel Lifting Deal with Dangote Refinery
The Independent Petroleum Marketers Association of Nigeria (IPMAN) is preparing for discussions with Dangote Petroleum Refinery to finalize an agreement
Discos’ Revenue Collection Efficiency Rises to 79.31% in Q2 2024
The Nigerian electricity distribution companies (Discos) achieved a revenue collection efficiency of 79.31% in the second quarter of 2024, according
Naira Depreciates to N1,635.15 in Autonomous Foreign Exchange Market
The Naira has depreciated further to N1,635.15 per dollar in the Nigerian Autonomous Foreign Exchange Market (NAFEM), reflecting a N3.94
Federal High Court Stops VIO from Confiscating Vehicles and Imposing Fines
Justice Evelyn Maha of the Federal High Court in Abuja has ruled that the Directorate of Road Traffic Services (commonly