Decreasing Fuel Prices from Local Refinery will Reduce Inflation – Dangote
On Tuesday, Alhaji Aliko Dangote, the Chairman of Dangote Group, emphasized that once the Dangote Petroleum Refinery is fully functioning…
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On Tuesday, Alhaji Aliko Dangote, the Chairman of Dangote Group, emphasized that once the Dangote Petroleum Refinery is fully functioning…
The Federal Government plans to introduce an emergency economic bill to boosts its revenue from the non-oil sector in Nigeria.…
The $1.05 billion loan from Afreximbank is part of a $3.3 billion facility with repayment terms tied to crude cargoes…
The Minister of Aviation, Festus Keyamo earlier today on Arise TV revealed that Emirates Airlines has concluded plans to resume…
In its efforts to address surplus liquidity in the banking sector, the Central Bank of Nigeria (CBN) successfully generated a…
The President of the Independent Petroleum Marketers Association of Nigeria, IPMAN, Alhaji Abubakar Migandi Garima said: “We have been discussing…
Nigeria plans to almost triple energy prices within weeks, people in the presidency with knowledge of the matter said, in…
Air Peace CEO, Allen Onyema says President Tinubu is improving the ease of doing business in the country, cites example…
The Nigerian Electricity Regulatory Commission (“Commission”) has directed all Electricity Distribution Companies (“DisCos”) to provide as much clarity as possible…
The Nigerian Electricity Regulatory Commission (NERC) has imposed a fine of N200 million on Abuja Electricity Distribution Plc (AEDC) for…
The Nigerian Electricity Regulatory Commission (NERC), on Wednesday, approved an increase in electricity tariff for customers under the Band A…
The Nigerian Electricity Regulatory Commission has approved the electricity tariff increase for customers under the Band A classification. The Vice…
Dangote’s group executive, Devakumar Edwin, confirmed shipping of diesel and jet fuel into the local market. “We have substantial quantities.…
Electricity distribution companies earn N1 trillion despite power supply challenges, with 5.8 million customers lacking meters. Ikeja Electricity Distribution Company:…
Dangote has set a minimum requirement of selling 1 million liters to each marketer as they start selling diesel. The…
The recent strengthening of the naira, as noted by the Association of Bureaux de Change Operators of Nigeria, has resulted…
The Minister of Aviation and Aerospace Development, Festus Keyamo, has underlined the government’s commitment to supporting Nigerian airlines in securing…
Nigerians in the Diaspora, in conjunction with the Nigerian Diaspora Direct Investment Organisation (NDDIS), are thrilled to announce a landmark…
The Nigerian Naira appreciated significantly against the US dollar throughout March 2024, marking a major turnaround for Nigeria’s exchange rate…
Economists caution that even with the naira’s appreciation, consumers should not expect an immediate decrease in food prices. Economists have…
Some Nigerian banks may consider downgrading their licenses due to the new capital requirements by the Central Bank of Nigeria.…
The top 5 banks are facing a N1.5 trillion deficit in meeting the new capital requirement set by CBN for…
The prevailing macroeconomic challenges and headwinds occasioned by external and domestic shocks have underscored the need for banks to raise…