Browse Category

Finance & Economy - Page 2

Hormuz Disruption Exposes Hidden Risk to Global Food Supply as Fertiliser Markets Tighten

The escalating disruption around the Strait of Hormuz is sending shockwaves through global commodity markets. While much of the immediate attention has focused on oil prices, analysts warn that a quieter but potentially more consequential crisis is unfolding in fertiliser markets one

March 11, 2026

News·Oil & Gas·Top Stories

Dangote Refinery Hikes Petrol Price to ₦1,175 per Litre

The Dangote Petroleum Refinery has announced a sharp increase in its ex-depot price for Premium Motor Spirit (PMS), raising the cost to ₦1,175 per litre as of Monday, March 9, 2026. This marks the third petrol price hike in one week.

March 9, 2026

News·Oil & Gas·Top Stories

Nigeria Seeks Foreign Crude Supply for Dangote Refinery

The Nigerian government is exploring plans to supply crude oil to the Dangote Petroleum Refinery through international third-party traders as it seeks to stabilise domestic fuel supply amid rising petrol prices, officials and industry sources said. The move, coordinated by the state

March 9, 2026

Why We Need Effective Regulation As Dangote Refinery Marketers Clash Over Petrol Price

News·Oil & Gas·Top Stories

Dangote Refinery Halts Petrol Loading Amid Speculation of Fresh Price Hike

Operations at the Dangote Petroleum Refinery have been temporarily suspended after the facility halted the loading of Premium Motor Spirit (PMS), commonly known as petrol, sparking speculation that a new price increase could be announced as early as Monday. Sources within Nigeria’s

March 8, 2026

News·Oil & Gas·Top Stories

FG Resolves OPL 245 Dispute with Eni, AGF Says Settlement Will Boost Nigeria’s Economy

The Federal Government has resolved the long-standing dispute over Oil Prospecting Licence (OPL) 245 with Italian energy giant Eni and Nigerian Agip Exploration Limited (NAEL), a development the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, says will reposition Nigeria’s

March 8, 2026

News·Nigeria·Oil & Gas·Top Stories

Nigeria Petrol Prices Rise Above 1,000 Naira After Dangote Refinery Increase

Petrol prices in Nigeria have climbed above 1,000 naira per litre in several cities after the Dangote Petroleum Refinery raised its wholesale price, pushing transport costs higher and adding pressure to household budgets already strained by inflation. The refinery increased its gantry

March 8, 2026

Business·Finance & Economy·News·Nigeria·Oil & Gas

Manufacturers Call for Natural Gas Shift to Maximise Production

Manufacturers in southeast Nigeria have urged a shift from diesel to natural gas to lower soaring energy costs and boost industrial growth, warning that unreliable and expensive power supply threatens the survival of factories. Adaora Chukwudozie, chair of the South-East region of

March 6, 2026

Business·News·Oil & Gas

‘Imported Petrol Cheaper Than Local Supply,’ Marketers Challenge Dangote

Imported petrol is currently cheaper than fuel supplied by Nigeria’s Dangote refinery, according to data from the Major Energies Marketers Association of Nigeria (MEMAN), as rising global oil prices linked to tensions between the United States, Israel and Iran push up domestic

March 6, 2026

News·Oil & Gas·Top Stories

Tinubu Announces Resolution of OPL 245 Dispute, Paves Way for Deepwater Oil Investment

President Tinubu has announced the resolution of the long-running dispute over Oil Prospecting Licence (OPL) 245, clearing the path for the development of one of Nigeria’s most commercially promising deepwater oil blocks. The settlement, signed in Abuja, involves the Federal Government of

March 6, 2026

Business·FEATURES·Nigeria·Oil & Gas·Top Stories

10 Things to Understand About Tinubu’s Executive Order on Oil Revenue Remittance

Nigeria’s oil revenue management system is undergoing a major shift following a new directive from President Bola Tinubu. The policy, known as Executive Order 9 of 2026, took effect on February 13, 2026, and mandates the direct remittance of oil and gas

March 6, 2026

Labour·News·Nigeria·Top Stories

Tinubu Appoints Four New Permanent Secretaries

President Bola Ahmed Tinubu has approved the appointment of four new permanent secretaries to fill vacancies in Nigeria’s federal civil service, the government said on Thursday. The appointees are Warrens Bekearedebo Augusta from Bayelsa State, Jones-Nebo Nkiruka Bella from Enugu State, Aminu

March 5, 2026

Previous 1 2 3 4 … 343 Next

Oil Production: Nigeria Again Exceeds OPEC Quota In 2025

6 Things Nigerians Should Know About the Current Oil Market Trends

The global oil market is once again at the centre

Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

Cooking gas prices in Nigeria have jumped about 40 percent

Dangote Cement Records 20% Increase in 2025 Revenue

Dangote Cement Plc reported a 20.3 percent rise in revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

British luxury carmaker Aston Martin has announced plans to reduce

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Finance & Economy - Page 2

Hormuz Disruption Exposes Hidden Risk to Global Food Supply as Fertiliser Markets Tighten

Dangote Refinery Hikes Petrol Price to ₦1,175 per Litre

Nigeria Seeks Foreign Crude Supply for Dangote Refinery

Dangote Refinery Halts Petrol Loading Amid Speculation of Fresh Price Hike

FG Resolves OPL 245 Dispute with Eni, AGF Says Settlement Will Boost Nigeria’s Economy

Nigeria Petrol Prices Rise Above 1,000 Naira After Dangote Refinery Increase

Manufacturers Call for Natural Gas Shift to Maximise Production

‘Imported Petrol Cheaper Than Local Supply,’ Marketers Challenge Dangote

Tinubu Announces Resolution of OPL 245 Dispute, Paves Way for Deepwater Oil Investment

10 Things to Understand About Tinubu’s Executive Order on Oil Revenue Remittance

Tinubu Appoints Four New Permanent Secretaries

Featured Stories

Sahara Group Challenges Young Africans To Turn Energy Challenges into Entrepreneurial Opportunities

‘Nigeria’s National Single Window: A Make-or-Break Moment for Trade Facilitation

21km Dusted: Today I Chased Miles, Not Speed

At 54, Approaching 55, I Have Begun to Rethink What Fitness Means

Whatsapp Channel

Latest News

Banking Disruptions Hit Two Major Iranian Lenders, Leaving Customers Unable to Access Services

Hormuz Disruption Exposes Hidden Risk to Global Food Supply as Fertiliser Markets Tighten

Rights Group Urges EFCC to Probe Fire at Head of Service Office, Alleged Missing Capital Budget Funds

Use of ‘Jaanbaz’ by Iranian State TV Fuels Speculation Over Possible Injury to Mojtaba Khamenei

6 Things Nigerians Should Know About the Current Oil Market Trends

Nigeria Cooking Gas Price Jumps 40% Amid Us, Iran Crisis

Dangote Cement Records 20% Increase in 2025 Revenue

Aston Martin to Cut 20% of Workforce Over Rising Losses

Banking Disruptions Hit Two Major Iranian Lenders, Leaving Customers Unable to Access Services

Suggestions

Finance & Economy - Page 2

Featured Stories

Follow Us

Whatsapp Channel

Latest News