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Finance & Economy - Page 86

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

NNPC Refutes Viral Claims That Its Fuel Does Not Last

Business·News·Oil & Gas

NNPCL Releases New Pump Prices Of Petrol, Sells ₦950 In Lagos, ₦1,019 In Borno

The Nigeria National Petroleum Company Limited (NNPCL), has released estimated pump prices of Premium Motor Spirit (PMS), also known as petrol, for September 2024 for its retail outlets, indicating variations across states in Nigeria. According to the new price template, while petrol

September 16, 2024

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 1st July 2025

Business·Currency·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th September 2024

What is the Dollar to Naira Exchange rate at the black market, like the Aboki FX? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market also known as black market, especially the Aboki fx as

September 16, 2024

Naira-for-Crude Policy: Bold Economic Reform Or Risky Gamble For Nigeria's Future?

Business·FEATURES·News·Oil & Gas

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

Nigeria Introduces Naira-for-Crude Policy Nigeria has long been a major player in the global oil market, exporting its crude oil in exchange for US dollars, the dominant currency in international trade. This practice, while in line with global norms, has led to

September 16, 2024

SERAP sues Tinubu, govs over cybercrime law abuse

Business·News·Oil & Gas

SERAP Sues President Tinubu Over Petrol Price Hike, Seeks Reversal To N600 Per Litre

SERAP Takes Legal Action Against President and NNPCL The Socio-Economic Rights and Accountability Project (SERAP) has taken a legal action against President Bola Tinubu, demanding the reversal of the recent petrol price hike and an investigation into alleged corruption within the Nigerian

September 16, 2024

We’re Selling PMS At N990/Litre, Dangote Reveals

Business·News·Oil & Gas

Dangote Refinery: We Sold Petrol Cheaper To NNPCL, Debunks N898 Per Litre Claim

Dangote Refinery has said it sold Premium Motor Spirit (PMS) also known as petrol to the Nigeria National Petroleum Company Limited (NNPCL) at a cheaper rate. In a statement by its Group Chief Branding and Communications Officer, Anthony Chiejina, the company debunked

September 16, 2024

Fuel Price Racketeering: Dangote Must Do More for Nigerians

Business·News·Oil & Gas

Nigeria To Stop Petrol Imports In October, Shifts To Dangote Refinery Supply

NNPC to Stop Petrol Imports as Dangote Refinery Takes Over Starting in October 2024, the Nigerian National Petroleum Company Limited (NNPC) will stop importing petroleum products, provided the local price from the Dangote Refinery remains competitive. This marks a significant shift in

September 16, 2024

Business·News·Oil & Gas

Dangote Refinery: Local Production Marks Important Step Towards Nigeria’s Energy Security – Edun

Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has said the commencement of local refining of petroleum products by Dangote Refinery, marks an important step in Nigeria’s quest for energy self-sufficiency and the resumption of the country’s journey

September 15, 2024

Business·News·Oil & Gas

NNPCL Lifts Petrol From Dangote Refinery

The Nigerian National Petroleum Company Limited (NNPCL) began loading petrol from Dangote Refinery in Ibeju-Lekki, Lagos on Sunday. In a post on X, the company said: “NNPC begins PMS lifting at the Dangote Petroleum Refinery.” The company also shared photos of trucks

September 15, 2024

Dangote Refinery Targets 100% Evacuation Of Products Through Sea

Business·News·Oil & Gas

NNPCL Deploys 300 Trucks To Load Petrol At Dangote Refinery

Few hours before the scheduled commencement of supply of petrol by Dangote Refinery in Ibeju-Lekki, Lagos, the Nigeria National Petroleum Company Limited (NNPCL), has deployed not less than 300 trucks to the refinery’s gantry to load the product. NNPCL’s Chief Corporation Communication

September 14, 2024

Business·News·Oil & Gas

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

President of Dangote Group, Alhaji Aliko Dangote, has said he is ready to endure economic losses to ensure that Nigerians get cheap fuel supply. As part of the agreements reached with the Nigeria National Petroleum Company Limited (NNPCL), Dangote has accepted to

September 14, 2024

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

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

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Finance & Economy - Page 86

Tinubu Nominates New Oil Regulators as Ahmed, Komolafe Resign

NNPCL Releases New Pump Prices Of Petrol, Sells ₦950 In Lagos, ₦1,019 In Borno

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 16th September 2024

Naira-for-Crude: Bold Economic Reform Or Risky Gamble For Nigeria’s Future?

SERAP Sues President Tinubu Over Petrol Price Hike, Seeks Reversal To N600 Per Litre

Dangote Refinery: We Sold Petrol Cheaper To NNPCL, Debunks N898 Per Litre Claim

Nigeria To Stop Petrol Imports In October, Shifts To Dangote Refinery Supply

Dangote Refinery: Local Production Marks Important Step Towards Nigeria’s Energy Security – Edun

NNPCL Lifts Petrol From Dangote Refinery

NNPCL Deploys 300 Trucks To Load Petrol At Dangote Refinery

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

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