Category: Business
Reps pass Tinubu’s tax reform bills
Nigeria’s House of Representatives on Tuesday passed for third reading, the four tax reform bills sent to the National Assembly in October 2024 by President…
Senate moves to compel Facebook, X, Instagram, others to have offices in Nigeria
The Senate on Tuesday continued with the legislative process on a bill seeking social media platforms to establish physical offices within the country. The proposed…
How Nigeria’s fuel subsidy removal worsened Niger’s petrol scarcity
Nigeria’s fuel subsidy removal nearly two years ago has been attributed as one of the reasons Niger has been experiencing fuel scarcity in recent weeks….
Shell Nigeria gets new name after complete acquisition by Renaissance
Shell Petroleum Development Company of Nigeria Limited (SPDC) has been renamed to Renaissance Africa Energy Company Limited after 46 years of operation in Nigeria. The…
Again, Dangote Refinery reduces fuel price
Dangote Refinery has reduced its ex-depot premium motor spirit price to N815 per litre. This latest price drop comes after fuel landing cost dropped to…
Why fuel price reducing in Nigeria – Marketer
A petroleum marketer has explained the real reason Nigeria’s premium motor spirit price has been reducing in the past months. According to an analysis by…
More heads will roll – CBN Governor, NSA warn Nigerians over Naira abuse
Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, and Nigeria’s National Security Adviser, Nuhu Ribadu, have warned Nigerians against the abuse of the…
Lagos largest city in Africa after Cairo
Lagos State has been ranked as Africa’s second-largest city after Cairo, Egypt. This achievement comes as the state’s Gross Domestic Product, GDP, rose to $259…
Why retailers, marketers dump Dangote Refinery petrol for import – Stakeholders
Petroleum Products Retailers and marketers have explained why petrol imports have persisted despite the Dangote Refinery and other local refineries’ production capacity. The President, Petroleum…
Petrol price drop: PETROAN meets Nigerian Petroleum Minister
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) met with Nigeria’s Minister of State (Oil), Senator Heineken Lokpobiri, on Monday to discuss issues…

