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The Dangote Petroleum Refinery has announced a fresh hike in the price of Premium Motor Spirit (petrol), citing escalating global geopolitical tensions. In a notice sent...
Several African countries, including South Africa, have approached the Dangote Petroleum Refinery to secure fuel supplies following disruptions linked to the ongoing conflict involving Iran, Bloomberg...
Investors flooded into one-year Treasury bills at the March 18 auction, driving subscriptions to N2.89 trillion, more than three times its N800 billion offer. The strong...
Consumers across Nigeria have raised concerns over the sharp increase in food prices ahead of the Eid al-Fitr (Salah), saying the surge is putting severe pressure...
Uber Technologies Inc. has highlighted that its platform supports N6.1bn in collective annual earnings for drivers in Nigeria, as app-based transport operators staged a strike in...
Global crude oil prices are edging closer to the $110 per barrel mark, sparking fresh concerns across energy markets and import-dependent economies. Brent crude, the international...
Nigeria recorded crude oil imports worth $3.74bn linked to operations of the Dangote Petroleum Refinery in 2025, highlighting a major shift in the country’s oil trade...
The landing cost of imported petrol is N94.53 cheaper than the domestic gantry price, according to a report by the Major Energies Marketers Association of Nigeria....
Iran has continued to export crude oil through the Strait of Hormuz despite heightened tensions and reduced maritime traffic in the region, according to a report...
The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has unveiled a landmark £746m financing agreement with the United Kingdom that will deliver the modernisation...