Oil marketers operating under the Independent Petroleum Marketers Association of Nigeria have forecast a reduction in the retail price of Premium Motor Spirit, commonly known as...
Dangote Petroleum Refinery has announced a reduction in the price of Premium Motor Spirit (PMS) to N899.50 per litre, offering relief to Nigerians as the holiday...
The Lagos Chamber of Commerce and Industry (LCCI) says Nigerian businesses may likely face greater challenges in the new year, urging them to prepare for “more...
The Central Bank of Nigeria (CBN) has introduced a daily withdrawal limit of N100,000 per customer for point-of-sale (PoS) terminals. In a circular sent to all...
The Nigerian National Petroleum Company Limited has announced that it secured a $1bn loan backed by crude oil to support the upcoming launch of the 650,000...
Dangote Refinery, Neptune Oil Announce their first export transaction of Refined Products to Cameroon In a landmark move for regional energy integration, Dangote Refinery and...
In a continuation of the Central Bank of Nigeria’s (CBN) increased scrutiny of fintech startups, two of the country’s most prominent unicorns, Moniepoint and OPay, were...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has begun lifting Premium Motor Spirit (petrol) from the Dangote Petroleum Refinery. This follows an agreement reached with...
As part of President Bola Ahmed Tinubu’s state visit to France, the Chairman of UBA Group, Tony Elumelu in the presence of President Tinubu and the...
Dealers Insist PMS Must Be Cheaper Than Dangote’s. NNPCL Delays Price Portal Opening, Restricts Product. Oil marketers have outlined the conditions under which they would...