Some oil marketers are removing the Nigerian National Petroleum Company Limited (NNPCL) logo from their filling stations, following the intense competition in the oil sector. The move comes after the…
The Naira appreciated to N1,595 per dollar in the parallel market yesterday, up from N1,610 per dollar on Monday. This marks a N45 gain from last week’s rate of N1,640…
The Dangote Petroleum Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N950 to N890 per litre. The price adjustment, which took effect…
The Nigerian National Petroleum Company Limited (NNPCL) has raised the pump price of petrol to ₦990 per litre in the Federal Capital Territory (FCT), while outlets in Lagos now sell…
The Federal High Court in Abuja has adjourned the hearing of a suit filed by Dangote Petroleum Refinery and Petrochemicals FZE against the Nigeria Midstream and Downstream Petroleum Regulatory Authority…
The minimum pump price of petrol has not yet reflected the recent reduction in the ex-depot price of Premium Motor Spirit (PMS) by Dangote Petroleum Refinery. The price was reduced…
A disagreement has arisen between oil producers and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) over the collection of a 0.5% wholesale price levy. The NMDPRA insists that…
The Naira appreciated in the parallel market today, trading at ₦1,550 per dollar, compared to ₦1,555 per dollar over the weekend. In contrast, the Naira experienced a slight depreciation in…
A glittering record was made on Thursday, March 14, 2024 in Ilorin, the Kwara State capital, for the entire Nigerian banking industry. The First City Monument Bank (FCMB) Ilorin organised…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says himself and his team are not responsible for the current economic woes in the country. He stated this…
