Africa’s richest man, Aliko Dangote, has described his $23 billion Dangote Refinery project as the “biggest risk” of his life, shedding light on the immense challenges...
The Central Bank of Nigeria (CBN) has assured customers of Keystone Bank not to panic following a court order ordering forfeiture of the bank shares to...
Dangote Petroleum Refinery and Petrochemicals has announced a further reduction in the price of diesel, lowering it from ₦1,075 per litre to ₦1,020 per litre at...
The Central Bank of Nigeria (CBN) has introduced revised transaction fees for Automated Teller Machine (ATM) services, set to take effect on March 1, 2025. In...
Nigeria spends approximately N1.57 trillion monthly on crude oil production, translating to about N18 trillion annually, according to findings from The PUNCH. Industry operators have expressed...
The naira recorded a notable gain against the dollar in the parallel market over the past week, appreciating by three percent to close at N1,570/$1 on...
The Nigerian National Petroleum Company Limited (NNPCL) has refuted reports circulating in some sections of the media alleging an explosion at the Warri Refining and Petrochemical...
The Bank of England has reduced its base interest rate from 4.75% to 4.5%, signaling a shift in monetary policy aimed at bolstering economic growth. This...
The Dangote Petroleum Refinery has successfully exported two cargoes of jet fuel, totaling approximately 130 million litres, to Saudi Arabia. This milestone aligns with the Organisation...
A growing number of oil marketers are removing the Nigerian National Petroleum Company Limited (NNPCL) logo from their filling stations as they abandon franchise deals with...
