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Worries As Oil Price Crash, Low Production Threaten Nigeria’s 2025 Budget

Nigeria Week Ahead: Equities sink, Oil surpasses $100, CPI in focus

March 10, 2026

By Matthew Anthony Oil prices spiked to just above $120 over the weekend as escalations of the Israel -US-Iran war intensified, with key energy installations targeted. As a result, major oil suppliers are due to meet shortly to open the tap of

Dangote’s Frequent Price Cuts And Ripples Of Intense Competition In Nigerian Fuel Market

News·Oil & Gas·Top Stories

Dangote Refinery Cuts Petrol Price by ₦100, Diesel by ₦190

March 10, 2026

The Dangote Petroleum Refinery has reduced the ex-gantry price of Premium Motor Spirit (PMS), commonly known as petrol, by ₦100 per litre, while also lowering the price of Automotive Gas Oil (AGO), or diesel, by ₦190 per litre. In a new pricing

News·Oil & Gas·Top Stories

Dangote Refinery CEO Warns Global Oil Shortage Could Be Worse Than $120 Crude

March 10, 2026

The Chief Executive Officer of the Dangote Refinery, David Bird, has warned that a potential global oil supply shortage could pose a greater threat to economies than the recent surge in crude oil prices. Speaking during a media briefing on rising fuel

Lagos Gov Sanwo-olu Under Fire Over ‘N7.5m Fragrance, N18m Christmas Chickens’

News·Power·Top Stories

Sanwo-Olu Commissions Lagos Electricity Regulatory Board to Reform Power Sector

March 10, 2026

Governor Babajide Sanwo‑Olu on Monday, inaugurated the five-member Board of the Lagos State Electricity Regulatory Commission (LASERC), marking a major milestone in implementing the Lagos State Electricity Law 2024 and strengthening the regulatory framework for the state’s electricity market. The inauguration, held

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8 Global Shipping Trends That Could Affect Nigeria’s Import Prices

March 10, 2026

Nigeria’s reliance on imported goods from machinery and electronics to food items and petroleum products means changes in global shipping dynamics can quickly influence domestic prices. As international trade continues to evolve amid geopolitical tensions, environmental regulations, and supply chain adjustments, several

News·Politics·Top Stories

Ekiti, Osun Polls Will Test APC Strength Ahead of 2027 – Oyintiloye

March 10, 2026

A chieftain of the All Progressives Congress (APC) in Osun State, Hon. Olatunbosun Oyintiloye, has said that the outcome of the 2026 governorship elections in Ekiti State and Osun will serve as a major test of the party’s strength ahead of the

Africa·News·Sports·Top Stories

Former Super Eagles Coach Festus Onigbinde Dies at 88

March 10, 2026

Former head coach of the Nigeria national football team, Festus Adegboye Onigbinde, has died at the age of 88. The family confirmed his passing in a statement signed by Bolade Adesuyi, noting that the Modakeke-born high chief died on Monday night after

FEATURES

6 Common Facebook Marketplace Scams Nigerians Should Watch Out For

March 10, 2026

As social media continues to evolve beyond communication into a thriving digital marketplace, many Nigerians now rely on Facebook Marketplace to buy and sell items ranging from smartphones and home appliances to cars and rental apartments. The platform has simplified peer-to-peer commerce,

Sahara Group Unveils Asharami Square To Enhance Sustainability Coverage In Media

Business News·Climate Change & Sustainability·News

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

March 10, 2026

Sahara Group has called on young Africans to transform the continent’s pressing energy challenges into entrepreneurial opportunities, emphasizing a mindset shift towards making a difference through sustainable and inclusive solutions. Speaking at the University of Lagos’ Entrepreneurship, Innovation and Business Certification Programme,

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Latest

Nigeria Week Ahead: Equities sink, Oil surpasses $100, CPI in focus

Dangote Refinery Cuts Petrol Price by ₦100, Diesel by ₦190

Dangote Refinery CEO Warns Global Oil Shortage Could Be Worse Than $120 Crude

Sanwo-Olu Commissions Lagos Electricity Regulatory Board to Reform Power Sector

8 Global Shipping Trends That Could Affect Nigeria’s Import Prices

Ekiti, Osun Polls Will Test APC Strength Ahead of 2027 – Oyintiloye

Former Super Eagles Coach Festus Onigbinde Dies at 88

6 Common Facebook Marketplace Scams Nigerians Should Watch Out For

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

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UBA Opens Subscription Channel for Dangote Refinery IPO, Invites Investors to Participate

SERAP Seeks Court Order to Unravel ₦126.46bn in Questioned INEC Spending

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