Fuel subsidy removal saves Nigeria $7.5 billion annually – Presidency
The presidency has revealed that an impressive $7.5 billion is being saved annually from funds previously allocated to fuel subsidy...
Complete privatization of Port Harcourt, Warri refineries underway – Presidency
The presidency has signaled that plans for the complete privatization of the state-owned refineries, including the Port Harcourt, Warri, and...
Dangote refinery slashes petrol price to N970 per liter for marketers
The Dangote Group has announced a reduction in the price of its Premium Motor Spirit (PMS) to N970 per liter.
Nigeria’s crude oil production drops to 1.53 million bdp in October 2024 — NUPRC
Nigeria’s crude oil production experienced a slight decline in October 2024, dropping from 1.54 million barrels per day (bpd) to...
Dangote refinery jet fuel exported to London, Iceland, other global airports
The Dangote Refinery has successfully exported its jet fuel to various international destinations, including airports in Iceland, Tenerife, and London.
NNPC failing to deliver agreed crude oil under crude-for-naira deal — Dangote refinery
The Lagos-based mega Dangote refinery has accused the Nigerian National Petroleum Corporation (NNPC) of failing to meet its crude oil...
Investment in livestock development will end farmer-herder clashes, hunger in Nigeria – Tinubu
The President of Nigeria, Bola Tinubu, has stated that critical investment in the livestock sector will help eliminate farmer-herder clashes...
Bank of Industry raises $5 billion, plans N120 billion support for MSMEs
The Managing Director of the Bank of Industry (BoI), Mr. Olasupo Olusi, has disclosed that the bank has raised over...
NNPC unveils 40,000 bdp Utapate crude to global market, plans to double output by 2025
The Nigerian National Petroleum Corporation Limited (NNPCL) has introduced its latest crude oil grade, the Utapate crude oil blend, to...
Dangote Refinery resumes importation of crude oil from US after three-month break
The Lagos-based mega Dangote refinery has resumed importing crude oil from the United States after a three-month pause, as the...
