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Category: Business
NNPCL refutes ending Naira-for-crude deal with Dangote Refinery
The Nigerian National Petroleum Company Limited (NNPCL) has denied terminating its naira-for-crude sale deal with Dangote Refinery. The spokesperson for NNPCL, Olufemi Soneye, made this…
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…
LNG utilisation: NNPC to supply 80 mmscf/d gas to firm
The Nigerian National Petroleum Company Limited (NNPCL), through its gas marketing subsidiary and partners, has signed a Gas Sale and Purchase Agreement, GSPA, with Ssonic…
US tariffs will hit economies of Mexico, Canada if sustained – IMF
The International Monetary Fund (IMF) on Thursday said US tariffs imposed on Mexico and Canada will have a significant adverse impact on the those countries…
Again Naira slumps massively against dollar across black, official markets
Again, the Nigerian naira has slumped massively against the dollar across parallel and official foreign exchange markets. At the black market, the Naira depreciated to…
Nigerian Govt reels out achievements on trade, investment policies in last 100 days
The Nigerian government has reeled out achievements in trade and investment in the country over the last 100 days, starting from November 2025. The government…
Dangote, NNPCL price war: Fuel may drop to N650/litre – Analyst
Financial analyst and Chief Economist at SPM Professionals, Paul Alaje, has said that the price of Premium Motor Spirit (petrol) may drop to between N650…
Maintain status quo on subscription prices – FCCPC tells MultiChoiceà
The Federal Competition and Consumer Protection Commission (FCCPC) on Thursday directed MultiChoice Nigeria to maintain its current subscription prices pending the outcome of ongoing investigations….
Fear of massive job losses is why we allow 50% telecom tariff hike — Nigerian government
The Federal Government has defended its decision to approve a 50 per cent tariff hike for telecommunications services, citing job protection for Nigerians and the…
Nigeria, Saudi Arabia sign pact to explore $7.7trn halal market
The Federal Government has signed a cooperation agreement with Saudi Arabia’s Halal Products Development Company, HPDC, to explore the $7.7 trillion global halal market. This…