Petrol To Cost N410 Without Subsidy, Says NNPC
Without the current subsidy on petrol, the actual importation and retail cost would be at N410 per litre as market conditions take price to...
Nigeria’s Economy Heading Towards Recession – Finance Minister
Zainab Ahmed, the minister of finance, budget and national planning, says the economy is heading towards a recession. However, Ahmed projected that the extent of the...
Naira Appreciates To N1,396/$ In Parallel Market
THE Naira yesterday appreciated to N1,396 per dollar in the parallel market from N1,400 per dollar last Thursday. However, the naira depreciated to N1,389 per...
Banks Shut 476 Branches In Three Years – CBN
Deposit Money Banks in Nigeria closed a net 476 branches and cash centres between 2022 and 2025, reducing their physical footprint by 8.8 per...
Logistics, Flooding Responsible For Latest Fuel Scarcity, NNPC Tells Nigerians
The Nigerian Nigerian Petroleum Company Limited (NNPCL), has blamed resurfacing of fuel queues in some parts of the country on the disruption of ship-to-ship...
Cabals In Nigeria Frustrating Dangote Refinery – Ex-President Obasanjo
Former president, Olusegun Obasanjo has said cabals in Nigeria’s oil and gas sector will continue to frustrate the $20 billion Dangote Refinery because it...
No Going Back On Commencement Of Crude Refining At Port Harcourt Refinery In Aug, NNPC Vows
The Nigerian National Petroleum Company Limited (NNPCL), has reaffirmed its preparedness to commence crude oil refining at the Port Harcourt refinery in early August. This...
Abia, Firm To Sign $200m Oil Palm Plantation MoU
Abia State Government and an agro-processing firm are set to sign a $200 million Memorandum of Understanding, MoU, aimed at reviving oil palm plantation...
Trade Fair: Benjamin Kalu Hails Made-In -Aba Products (Photos)
The Member representing Bende federal Constituency and the Spokesperson of the House joined the Made in Aba Trade Fair in Abuja with an assurance...
FG Urged To Embrace Asset-Based Financing For Economic Growth
The Federal Government (FG) of Nigeria has been advised to switch from its current output-based financing model to an asset-based one in light of...
