Naira Struggles as Oil Prices Drop Below $70 for the First Time Since 2021
In a significant development for the global energy market, Brent crude oil prices have dipped below $70 per barrel for...
NNPCL Attributes Rising PMS Prices to Free Market Forces and Forex Shortage
The Nigerian National Petroleum Company Limited (NNPCL) has distanced both itself and the Federal Government from responsibility for the current...
NUPENG Hails Dangote Refinery as a Monumental Achievement
The Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) has applauded the commencement of production at the Dangote Refinery,...
Dangote Refinery Begins First Local Petrol Shipment
In a significant development for Nigeria's energy sector, Dangote Refinery is set to roll out its first shipment of Premium...
Nigerians Experience Relief as Major Filling Stations Slash Fuel Prices by Over N200
Nigerians have begun to see some relief at the fuel pump as several filling stations across the country have significantly...
Oando Acquires Nigerian Agip Oil Company in $783 Million Deal
Oando Plc, a leading Nigerian energy company, has successfully acquired a 100% stake in the Nigerian Agip Oil Company (NAOC)...
CBN Governor Praises IFRS Adoption for Boosting Nigeria’s Banking Sector Growth
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has lauded the significant growth in Nigeria’s banking...
FG, Governors Agree on Three-Month Delay for Local Government Autonomy
The Federal Government of Nigeria and state governors have reached an agreement to delay the implementation of financial autonomy for...
Naira Devaluation Boosts NIN Project with N8.6bn Forex Gains – World Bank
The devaluation of the Nigerian naira in 2023 resulted in significant foreign exchange gains for the Nigeria Identification for Development...
Japan Stocks Plunge as Asian Markets Follow Wall Street Sell-Off
Asian markets experienced significant declines following a major sell-off on Wall Street, with Japan's Nikkei 225 index suffering the most...
