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The Federal Government announced on Monday that local refineries can now purchase crude oil in naira or dollars, indicating that it has finally given in to...
At the end of trading on Monday, the naira was worth N1,136/$ on the official market and N1,050/$ on the parallel market, continuing its recent upward...
Tesla plans to lay off 10% of its global workforce as demand for electric vehicles (EV) declines. According to a Bloomberg article published on Monday, Elon...
Nestled in the heart of Ogun State, Sagamu stands as a beacon of economic potential in Nigeria. Its strategic location along major transportation routes, including the...
The Federal Competition and Consumer Protection Commission (FCCPC) has said that business that engage in price-fixing will face swift legal action. It called attention to the...
Minister of aviation and aerospace development, Festus Keyamo has urged Nigerians to always patronise Air Peace and other local airlines flying international routes. According to Keyamo,...
The chairman of Heirs Holdings and the United Bank of Africa (UBA), Tony Elumelu, claims that an excessive reliance on the government is the reason why...
The average daily production of crude oil in Nigeria fell to 1.23 million barrels per day (bpd) in March 2024, according to the Organisation of Petroleum...
The richest man in Africa, Aliko Dangote, claims that a decrease in the retail cost of diesel, or motor petrol, can contribute to a reduction in...
Oil marketers have called for a reduction in the pump price of the Automotive Gas Oil, popularly called diesel, being produced by the Dangote Petroleum Refinery...
