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Finance & Economy - Page 235

Tinubu Backs 15% Fuel Import Tariff, Suspends Rollout Until Naira, Economy Recovers

The Federal Government has approved a 15 per cent ad valorem import duty on petrol and diesel imports but says the policy’s enforcement has been placed on hold until the naira appreciates and international oil prices decline. President Bola Tinubu signed off

October 31, 2025

Business·Oil & Gas

Dangote Refinery Has Right Of First Refusal To Nigeria’s Crude Oil – NNPC

The Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, said the corporation held the right to sell crude to Dangote Refinery, owned by billionaire, Aliko Dangote. Kyari explained on Tuesday, that in the agreement signed with

August 31, 2022

IPMAN Asks FG To Partner With Illegal Refinery Operators In Creeks

Business·Oil & Gas

NNPC Boss, Mele Kyari, Says Churches, Mosques Involved In Crude Oil Theft

Religious leaders in Nigeria have been accused by the Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPC) Limited, Mele Kyari, of aiding oil pipeline vandalism. Kyari said there’s a network of vandals operating against oil companies, as well as

August 31, 2022

Finance & Economy·News

CPPE Urges Govt To Tackle Oil Theft, Insecurity To Boost Productivity In Nigerian Economy

As some sectors in the Nigerian economy such as road, air transport, and financial services, among others posted positive growth as recorded in the second quarter of 2022 Gross Domestic Product (GDP), other sectors like oil refining, rail transportation, metal ores, etc.,

August 29, 2022

NNPCL Denies Inflating Fuel Subsidy Payments

Business·Oil & Gas

Five Reasons NNPC Lost $1.06 billion Oil Revenue In One Month

The Nigerian National Petroleum Company (NNPC) Limited lost $1.068 billion oil revenue in one month as the corporation struggles to curb crude oil loss, preventing the firm from remitting into the federal account. NNPC’s loss was as a result of the 9.4

August 25, 2022

Business·Finance & Economy·News

4 Reasons Buhari Depends On Loans – Nigeria’s Debt Office

The Debt Management Office (DMO) said petrol subsidy is reducing Nigeria’s revenue and increasing Nigeria’s debt, which rose from N39.56 trillion recorded at the end of December 2021, to N41.6 trillion at the end of first quarter 2022. Nigeria’s debt – the

August 25, 2022

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar To Naira Exchange Rate: BDC Operators Increase Dollar Rates After CBN Snub

August 24, 2022 Dollar Rates Update: Bureau De Change (BDC) operators increased Dollar rates on Tuesday, as demand for the United States currency outweighs supply in the black market and official forex market in Nigeria. The operators in the parallel market sold

August 24, 2022

2023: Obi-Datti Ticket Represents Competence, Integrity, Says Nigerian Professionals

Finance & Economy·News

Only Increased Productivity Can Boost Nigeria’s Economy – Obi

Peter Obi has reiterated his call for efforts to boost Nigeria’s productive capacity, stressing that such measure would be the only vital way to improve the nation’s economy.

August 23, 2022

News·Oil & Gas

Edo Govt Rallies Oil, Gas Stakeholders For PIA Implementation

Edo State Government is rallying stakeholders in the oil and gas industry for effective implementation of the Petroleum Industry Act (PIA), calling for increased collaboration to ensure sustainable peace and development in the state.

August 21, 2022

Africa·Agro-Economy·News

FAO To Augment Ethiopia Food Security With US$10m Loan

In Tigray, Ethiopia, Food and Agriculture Organization (FAO) is scaling up the urgent procurement of fertilizers to help farmers sow their fields thanks to a US$ 10 million from the United Nation’s Central Emergency fund. Since conflict erupted in November 2020,

August 18, 2022

Business·News·Oil & Gas

Shell Oil Pipeline Spill Contaminates Rivers State Community

Five barrels of Shell Oil spill into Bodo community in Gokana Local Government Area of Rivers State during a clean up of Trans Niger Pipeline contaminated the area on August 3, 2022. Shell Petroleum Development Company revealed this in a Joint Investigation

August 16, 2022

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Finance & Economy - Page 235

Tinubu Backs 15% Fuel Import Tariff, Suspends Rollout Until Naira, Economy Recovers

Dangote Refinery Has Right Of First Refusal To Nigeria’s Crude Oil – NNPC

NNPC Boss, Mele Kyari, Says Churches, Mosques Involved In Crude Oil Theft

CPPE Urges Govt To Tackle Oil Theft, Insecurity To Boost Productivity In Nigerian Economy

Five Reasons NNPC Lost $1.06 billion Oil Revenue In One Month

4 Reasons Buhari Depends On Loans – Nigeria’s Debt Office

Dollar To Naira Exchange Rate: BDC Operators Increase Dollar Rates After CBN Snub

Only Increased Productivity Can Boost Nigeria’s Economy – Obi

Edo Govt Rallies Oil, Gas Stakeholders For PIA Implementation

FAO To Augment Ethiopia Food Security With US$10m Loan

Shell Oil Pipeline Spill Contaminates Rivers State Community

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