Category: featured

FG to rebase GDP, inflation data in 2025

The Nigerian government is planning to rebase its Consumer Price Index and Gross Domestic Product...

FX crisis stalls SMEs’ expansion, operators lament

Operators of Small and Medium Enterprises in Nigeria are expressing growing concerns about the feasibility...

Subsidy removal ended fuel smuggling, says Ribadu

Nigeria’s National Security Adviser, Mal. Nuhu Ribadu, announced on Wednesday that the removal of the...

28m Nigerians lack access to formal financial services – CBN

The Central Bank of Nigeria announced on Tuesday that despite a significant reduction in the...

NNPC ends fuel importation, to source locally

The Nigerian National Petroleum Company has ceased importing refined petroleum products and has begun sourcing...

IPMAN signs agreement to buy petrol directly from Dangote refinery

The Independent Petroleum Marketers Association of Nigeria has secured an agreement with Dangote Refinery to...

FG to spend N5.4tn subsidy savings on projects

The Federal Government has announced that an estimated N5.4 trillion in savings from the 2024...

Petrol landing cost falls to N971/litre – Report

The cost of landing Premium Motor Spirit, or petrol, in Nigeria has dropped by 20.34%...

Refiners urge FG to halt import license issuance to petrol marketers

The Crude Oil Refinery Owners Association of Nigeria has cautioned the Federal Government to exercise...

Manufacturers under Band A electricity struggling, says MAN

The Manufacturers Power Development Company Limited established under the Manufacturers Association of Nigeria, has raised...

SON, NMDPRA responsible for certifying imported petrol – Oil Marketers

The Standards Organisation of Nigeria and the Nigerian Midstream and Downstream Petroleum Regulatory Authority are...

NNPCL dismisses claims of selling adulterated petrol

The Nigerian National Petroleum Company Limited has refuted claims circulating on social media that the...