Some MRS filling stations in Lagos on Tuesday dropped the price of petrol to N739 per litre, triggering long queues of vehicles seeking to buy the...
The Nigeria Deposit Insurance Corporation has announced that depositors of Aso Savings and Loans Plc and Union Homes Savings and Loans Plc will be paid their...
The Lekki Deep Seaport said it has reached almost half of its designed operational capacity, with steady month-on-month growth in container throughput since September. The Managing...
Transcorp Hotels Plc, the hospitality subsidiary of Transnational Corporation Plc, has announced the appointment of Dr Awele Elumelu as Chair of the company, effective January 1,...
Farouk Ahmed, the chief executive officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), said a statement circulating in his name, responding to recent...
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has confirmed the receipt of a formal petition on Tuesday from the President of Dangote Group...
The Chairman of Dangote Group, Aliko Dangote, has submitted a petition against the Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Ahmed...
The Central Bank of Nigeria (CBN) has withdrawn the operating licences of Union Homes Savings and Loans Plc and Aso Savings and Loans Plc. The apex...
Petroleum importers and marketers in Nigeria are reeling from substantial financial losses amid an intensifying price war triggered by Dangote Petroleum Refinery’s sharp reduction in petrol...
Nigeria’s downstream petroleum sector has descended into what industry players describe as a full-blown price war following the decision by the Dangote Petroleum Refinery to slash...