The Petroleum Products Retail Outlets Association of Nigeria (PETROAN) has raised concerns over the negative impact of fluctuating petrol prices on their businesses across...
In a dramatic escalation of trade tensions, former U.S. President Donald Trump has announced a doubling of tariffs on Canadian steel and aluminum, raising them from...
The Nigerian currency, the naira, continued its downward trend against the U.S. dollar and other major foreign currencies at the official and parallel...
The Nigerian naira continued its downward trajectory against the US dollar at the official foreign exchange market on Monday, despite recent policy interventions by the Central...
Credit: Xinhua/NAN The incremental policy package unveiled by the central government in September 2024, together with the effective implementation of previously introduced policies has significantly boosted...
The recent depreciation of the naira in the foreign exchange market has been linked to a surge in forex demand, attributed to windfalls from...
Despite the operational capacity of the Dangote Refinery and other local refineries, petrol imports into Nigeria have continued, raising questions about the country’s fuel...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially dismissed reports suggesting that the Naira-for-crude oil contract between the state oil company and Dangote Refinery...
The Nigeria Customs Service (NCS) has officially responded to an incident that occurred on March 6, 2025, at the Murtala Muhammed Airport Cargo (MMAC) NAHCO...
N The Nigerian Content Development and Monitoring Board (NCDMB) has finalized a major deal to acquire 20% equity in a 100,000 barrels per day (bpd) refinery...