Economy

ADC demands cap on petrol prices amid Middle East crisis

    The African Democratic Congress has called on the federal government to introduce…

No new petrol import licences as local production rises, says NMDPRA

  The Nigerian Midstream and Downstream Petroleum Regulatory Authority has suspended the issuance of…

Brent crude hits $92 as Dangote announces N100 price cut

    Global oil prices took a dramatic turn on Wednesday, jumping by five…

N1,500 per litre is better than fuel scarcity, Marketers hail Dangote

  Oil marketers have advised Nigerians to brace up for a continued rise in…

Egypt raises fuel prices by 30% amid Middle East war disruptions

  Egypt raised domestic fuel prices by up to 30 per cent on Tuesday,…

Petrol hits N1,300 per litre as businesses brace for higher costs

  As petrol prices jumped to about N1,300 per litre in various parts of…

Dangote, Adenuga, Otedola, Rabiu make 2026 Forbes Africa billionaires list

  Four Nigerian businessmen, Aliko Dangote, Mike Adenuga, Femi Otedola, and Abdulsamad Rabiu, have…

Dangote refinery hikes petrol price to N1,175 per litre

  The cost of goods and services across Nigeria is expected to rise further…

Dangote Refinery pledges stable supply amid global oil shocks

  Dangote Petroleum Refinery & Petrochemicals has indicated its commitment to stabilising energy supply…

French automakers partner with Nigerian firms to revive vehicle production

French car manufacturers are joining forces with leading Nigerian companies to produce vehicles as…

Petrol hits N1,190 as Middle East war disrupts global supply

  Oil prices surged higher and showed no signs of halting their rapid climb…

Cross River gov reduces transport tickets, restricts VIO operations

  Governor Bassey Otu of Cross River State has approved a reduction in transport…

FG reaffirms commitment to food security as key to economic stability

The Federal Government has reiterated that achieving food security is crucial to sustaining Nigeria’s…

FEC approves 100% gratuity scheme for retiring federal civil servants

The Federal Executive Council has approved the implementation of a new Exit Benefit Scheme…

CBN adds locally sourced LBMA-standard gold to foreign reserves

The Central Bank of Nigeria has taken delivery of responsibly sourced gold refined to…