Business Reports
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PETROAN, Dangote seal deal to avert petrol scarcity in yuletide
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has reached an agreement with the Dangote Refinery and Petrochemicals…
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WTO Urges Nigeria to Review Customs Procedures at Ports, Knocks High Rate of Physical Inspection
The Trade Policy Review organ of the World Trade Organisation (WTO) expressed concerns over the high rate of physical inspection…
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Dangote to meet PETROAN on fuel supply deal
The management of Dangote Refinery is set to meet with officials of the Petroleum Products Retail Outlet Owners Association of…
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Petrol Price landing cost drops to N971 per Litre …MEMAN
The Major Energies Marketers Association of Nigeria (MEMAN) has revealed that the landing cost of Premium Motor Spirit (PMS), commonly…
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No deadline on circulation of old naira notes, says CBN
The Central Bank of Nigeria (CBN) says Nigerians should disregard claims that the old naira notes will cease to be…
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Naira drops by N52 against dollar in 48 hours as FX supply plunges
The Naira dropped by N52.24 against the dollar at the foreign exchange market in the last 48 hours as FX…
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Lawyer queries N11tr spent on refineries
A Lagos lawyer, Abdul Imran, has filed a Freedom of Information (FOI) request to Nigerian National Petroleum Company (NNPC) Limited…
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Nigeria’s revenue-to-GDP growth could hit 10.5% by year-end – World Bank
The World Bank has projected that Nigeria’s revenue-to-GDP ratio could rise to over 10.5 percent by the end of 2024,…
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BREAKING: Marketers can now lift petrol directly from Dangote Refinery — FG
The Federal Government has authorized petroleum marketers to lift petrol directly from the Dangote refinery, bypassing the Nigerian National Petroleum…
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Again, NNPCL increases Fuel Pump Price amid Changes in supply agreements
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), commonly known as…
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