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Finance & Economy - Page 109

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

President Tinubu has nominated new chief executives for Nigeria’s petroleum regulatory agencies following the resignation of the heads of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), developments that come amid intense controversy

December 18, 2025

Labour·Opinion

Nationwide Strike: Is Labour Serious This Time?

After more than nine years of lame duck threats, the Nigeria Labour Congress (NLC) and the Trade Union Congress of Nigeria (TUC) have finally made good their threat to embark on a nation-wide strike from June 3. Years of disagreement and internal

June 3, 2024

Labour·News

Nationwide Strike: Nigerian Govt Again Begs Organised Labour

The Nigerian government has again pleaded with the organised labour to end the ongoing nationwide strike and return to negotiation table for a peaceful resolution of all issues regarding the national minimum wage.

June 3, 2024

News·Oil & Gas

Sahara Group Announces Key Appointments To Drive Downstream Transformation

Sahara Group, a leading sustainable energy and infrastructure conglomerate is propelling transformation of its downstream business with strategic appointments including Foluso Sobanjo as Head, Africa Downstream, and Nomnso Dike as Chief Executive Officer, Asharami Synergy Limited, a Sahara Group downstream company in

June 3, 2024

Dangote Sugar Refinery, NASCON Allied, Dangote Rice To Merge

Business·News·Oil & Gas

Aliko Dangote Criticises Fuel Importers For Blocking African Refinery Development

Aliko Dangote, Africa’s richest man and owner of the $20 billion Dangote Refinery, has accused fuel importers of preventing African governments from constructing new refineries. In an interview with CNN’s Eleni Giokos at his refinery in Lagos, Dangote stated: “There has not

June 2, 2024

Finance & Economy

Tinubu’s One Year In Office: FG Pays Off N4.5 Trillion Ways And Means

The Nigerian government has disclosed that it has reduced the N7.3 trillion Ways and Means it inherited with the payment of the sum of N4.8 trillion. Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun stated this in Abuja,

May 29, 2024

Finance & Economy

NACCIMA Faults CBN’s Monetary Policies, As Inflation Keeps Rising

National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has observed that the current Monetary policies adopted by the Central Bank of Nigeria (CBN) are not effective in addressing the prevailing economic challenges,

May 28, 2024

Business·News·Oil & Gas

Nigeria’s Oil GDP Growth Slows To 5.7% In Q1 2024

Nigeria, Africa’s largest oil producer, faces a significant challenge as its oil Gross Domestic Product (GDP) growth slows to 5.7 percent in the first quarter of 2024. The country, which relies heavily on oil production for about two-thirds of its government earnings

May 28, 2024

Nigeria Now Leading Cement Exporter In Africa – Dangote

Business·News·Oil & Gas

Dangote Refinery To Begin Diesel Exports In June, Gets NMDPRA’s Approval To Refine Petrol

The Dangote Refinery, Africa’s largest, is set to commence the export of diesel meeting European standards in June, alongside the introduction of gasoline into the Nigerian market. This development was confirmed by Devakumar Edwin, Vice President for Oil and Gas at Dangote

May 27, 2024

Business·News·Oil & Gas

Nigeria Customs Seizes 17,580 Litres Of Petrol In Less Than 60 Days

The Nigeria Customs Service, Federal Operations Unit, Zone D, has announced the interception of 17,580 litres of premium motor spirit (PMS) valued at N12.7 million. This operation took place between April and May 2024, focusing on the Mubi and Yola axis of

May 23, 2024

Dangote Refinery: Fueling Nigeria's Economic Resurgence or Monopoly Menace?

Business·News·Oil & Gas

Dangote Refinery Raises Diesel Prices To N1,100 Amid Naira’s Decline

Dangote Petroleum Refinery has increased the price of its Automotive Gas Oil (diesel) from N940/litre to N1,100/litre due to the recent depreciation of the naira against the US dollar. The refinery’s decision, announced recently, reflects ongoing challenges in Nigeria’s energy market. “We

May 22, 2024

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Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

SEC Orders Full Registration of Tradable Instruments by January 2026

The Securities and Exchange Commission (SEC) has ordered all Capital

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Finance & Economy - Page 109

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

Nationwide Strike: Is Labour Serious This Time?

Nationwide Strike: Nigerian Govt Again Begs Organised Labour

Sahara Group Announces Key Appointments To Drive Downstream Transformation

Aliko Dangote Criticises Fuel Importers For Blocking African Refinery Development

Tinubu’s One Year In Office: FG Pays Off N4.5 Trillion Ways And Means

NACCIMA Faults CBN’s Monetary Policies, As Inflation Keeps Rising

Nigeria’s Oil GDP Growth Slows To 5.7% In Q1 2024

Dangote Refinery To Begin Diesel Exports In June, Gets NMDPRA’s Approval To Refine Petrol

Nigeria Customs Seizes 17,580 Litres Of Petrol In Less Than 60 Days

Dangote Refinery Raises Diesel Prices To N1,100 Amid Naira’s Decline

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