Airlines pay ₦2,230/l for aviation fuel despite NMDPRA price advisory
Despite a pricing advisory by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, oil marketers have continued to sell aviation fuel,…
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Zero PoS fee strategy here to stay for SMEs – GTCO CEO
The Group Chief Executive Officer of Guaranty Trust Holding Company, Segun Agbaje, has stated that the bank’s zero Point of Sale charge…
Naira trades at ₦1,360/$ in official FX market
The Naira maintained a steady yet cautious position against the United States Dollar as the market opened for trading today, Tuesday, April…
Dangote Refinery subsidises petrol, diesel for Nigerians, official reveals
A senior management official of the Dangote Group on Monday revealed that the Dangote Petroleum Refinery has been subsidising the petrol and…
Varsity workers reject 30% pay rise, threaten nationwide shutdown
The Federal Government has invited the leadership of the Senior Staff Association of Nigerian Universities and the Non-Academic Staff Union of Universities…
NMDPRA sets aviation fuel price band for Lagos, Abuja
Nigerian Midstream and Downstream Petroleum Regulatory Authority on Monday, recommended that the price of Jet-A1, otherwise known as aviation fuel, should range…
US dollar weakens as Middle East tensions ease slightly
The United States dollar weakened on Monday as shifting geopolitical signals from the Middle East tempered safe-haven demand ahead of a series…
Nigeria’s external reserves drop $731m in three weeks
Nigeria’s external reserves declined by about $731 million within the first three weeks of April 2026, reflecting continued pressure on the country’s…
ICYMI: Why NNPC refineries will never work — Obasanjo
As the Nigerian National Petroleum Company Limited continues its search for technical partners to operate the Port Harcourt, Warri, and Kaduna refineries,…
Aviation fuel: Domestic airlines threaten Thursday shutdown
There are strong indications that domestic airlines in Nigeria may halt operations from Thursday, April 30, 2026, over what operators described as…
Flight disruptions loom as ground handlers issue ultimatum over unpaid debts
A fresh crisis is unfolding in Nigeria’s aviation industry as ground handling companies threaten to suspend services over a debt exceeding N9bn…
NUPRC urges refiners to invest in oil blocks for stability
The Nigerian Upstream Petroleum Regulatory Commission has advised members of the Crude Oil Refinery Owners Association of Nigeria to explore opportunities to…