Category: Business
WTO Director-General Okonjo-Iweala warns Trump over new tariffs
The Director-General of the World Trade Organization (WTO), Dr Ngozi Okonjo-Iweala, has stated that the organisation is “monitoring and analysing” the tariffs announced by US…
Trump extends TikTok sale, explains delay
President Donald Trump has announced an extension of the 5 April deadline for the sale of TikTok to an American buyer. The United States government…
NNPCL names new senior management team
The Nigerian National Petroleum Company Limited (NNPCL) has announced the appointment of a new eight-man senior management team. This was disclosed in a statement by…
Tinubu appoints Ayo Sotinrin as MD, Bank of Agriculture
President Bola Tinubu has announced the appointment of Mr. Ayo Sotinrin as the new Managing Director of the Bank of Agriculture. A statement by Bayo…
Naira-for-crude: FG, Dangote set for talks as refinery imports 12.6m barrels
There are indications that the naira-for-crude policy of the Federal Government may continue, as impeccable insider sources familiar with the development insisted on Monday that…
Nigerian banks owe FG N600bn, clear N205.6bn in windfall tax
Nigerian banks still owe the federal government N600 billion in windfall tax. This comes as six Nigerian banks have paid about N205.6 billion as a…
Landing cost of petrol increases to N885 per litre
The landing cost of imported premium motor spirit increased to N885 per litre on Wednesday from N797. The Major Energy Marketers Association of Nigeria disclosed…
Petrol imports rise to 154m litres weekly as marketers dump Dangote Refinery
Nigeria’s petroleum products marketers and retailers imported 154.22 million litres of premium motor spirit from March 17 to 23, 2025, according to the Nigerian Port…
Fuel Price: Why we’ll dump Dangote Refinery for NNPC, imports – PETROAN
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has explained that it members will not hesitate to dump Dangote Refinery for alternatives over…
Fresh fuel price hike looms as Dangote refinery stops petrol sales in Naira
There is indication of a fresh premium motor spirit price hike as Dangote Refinery announced the temporary suspension of the sales of petroleum products in…

