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Category: Business
Petrol remains N865/litre amid Dangote’s free delivery
Despite receiving petrol at N820 per litre with no logistics costs, partners of the Dangote Refinery have yet to reduce pump prices at their filling…
Tinubu to inaugurate $400m Rivers crude export terminal
President Bola Tinubu is scheduled to inaugurate the $400m Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8, the first new crude…
Presidency lists 12 gains of Tinubu’s economic reforms
The Presidency has outlined what it described as significant progress in Nigeria’s economy following reforms introduced under President Bola Tinubu. Special Adviser to the President…
PENGASSAN strike: NNPC laments losses as union halts action
The Nigerian National Petroleum Company Limited (NNPCL), Group Chief Executive Officer, Bashir Ojulari, has lamented the crude and gas production losses resulting from the three-day…
Nigeria’s eight-month debt service bill hits $2.86bn – CBN
Nigeria spent a total of $2.86bn servicing external debt in the first eight months of 2025, according to the international payment data from the Central…
Nigeria reaffirms commitment to investor-friendly reforms at Africa Energy Week
Nigeria has reiterated its commitment to creating a transparent, stable, and investor-friendly petroleum sector as Senator Heineken Lokpobiri, the Minister of State for Petroleum Resources…
ECOWAS Bank okays $308.63m for Nigeria, others
ECOWAS Bank for Investment and Development (EBID) has approved $308.631 million to catalyse strategic investments in clean energy, industrial development and sustainable growth across West…
Dangote to recall 800 sacked staff as PENGASSAN meets to suspend strike
After several hours meeting between the Dangote Refinery and Petrochemicals and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) over the feud…
Banks’ deposits with CBN rises 568% to N146.13 trillion in 9mth
Banks’ deposit with the Central Bank of Nigeria (CBN) grew by 568.7 percent, YoY, to N146.13 trillion in the first nine months of the year…
Tinubu appoints new heads of biosafety, tourism, investment agencies
President Bola Tinubu has approved the appointment of three new heads of federal agencies, in a move the Presidency says is aimed at strengthening key…