IPMAN knocks NNPC’s sale of Dangote petrol higher than imported fuel
The Independent Petroleum Marketers Association of Nigeria has expressed concerns regarding the pricing of petrol from the Dangote Refinery, urging the Nigerian National Petroleum Company Limited to ensure it is…
Inflation rate slows for second month, hits 32.15% in August
Nigeria's headline inflation rate decreased to 32.15% in August 2024, down from 33.40% in July, according to the Consumer Price Index report by the National Bureau of Statistics. This marks…
NNPC issues updated breakdown of estimated petrol price
The Nigerian National Petroleum Company Limited has released a new breakdown of the estimated price of petrol purchased from Dangote Refinery. AMBusiness earlier reported that in a statement on Monday,…
Report reveals banks borrowed N3trn from CBN in one week
Nigerian banks and discount houses borrowed N3 trillion from the Central Bank of Nigeria through the Standing Lending Facility in a single week, according to Afrinvest Research. During the same…
Stop alleged supply monopoly by Dangote refinery, DAPPMAN tells FG
The Depot and Petroleum Products Marketer’s Association of Nigeria has called on the Federal Government to remove restrictions on marketers sourcing products exclusively from Dangote Refinery. DAPPMAN is the group…
Telcos set to disconnect phone lines not linked to NIN
Telecommunications operators are preparing to disconnect mobile lines that have not been linked to National Identification Numbers, following the Nigerian Communications Commission's September 14 deadline. The NCC had announced in…
Nigeria ranks second in Bitcoin interest globally
Nigeria holds the second-highest global interest in Bitcoin, only behind El Salvador, according to Google Trends data. The country remains the leading Bitcoin adopter in Africa, with substantial interest in…
Fuel price: NNPC seeks discount from Dangote refinery
The Nigerian National Petroleum Company Limited has expressed its appreciation for any potential discount from Dangote Refinery, following the release of an updated pricing chart for Premium Motor Spirit for…
JUST IN: NNPCL sets fuel price above N1000 per litre
The Nigerian National Petroleum Company Limited has announced the estimated pump price of Premium Motor Spirit (PMS) above N1,000 after its initial purchase of the Dangote refinery product. NNPCL's spokesperson,…
Nigerian cinemas to slash movie tickets by ₦1000
The Cinema Exhibitors Association of Nigeria has unveiled discounted ticket prices to celebrate World Cinema Day on September 21, 2024. This was disclosed by the National Chairman, Ope Ajayi, CEAN…
Dangote refutes NNPC’s N898 per litre claim
The Dangote Refinery has refuted recent claims that it sold Premium Motor Spirit at N898 per litre to the Nigerian National Petroleum Company Limited. The refinery's management has described the…
Lagos shuts Cubana Chiefpriest’s restaurant over noise pollution
The Lagos State government has shut down Donald’s, a newly opened restaurant owned by renowned celebrity bartender, Cubana Chief Priest. The restaurant, which began operations in August, had been running…
