Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Dangote Refinery is set to process 400,000 barrels of Nigerian crude oil per day, marking a significant step toward reducing the country’s dependence on imported refined fuel and improving energy security.
Nigerian fuel marketers are facing pricing challenges in their negotiations with the Dangote Refinery, raising concerns about their ability to remain competitive in the market.
The Nigerian government clarifies its non-involvement in the ongoing NNPCL fuel price dispute with Dangote Refinery, emphasizing market deregulation and competitive pricing.
Let alone the new launched Dangote Refinery will eventually bring about more decent petrol price in Nigeria, it is high time to pay more attention to the petrol pricing which has a bearing on the entire Nigerian economy
The United States may soon become the largest crude oil supplier to Nigerian refineries, significantly impacting the nation's economy and energy sector.
Nigeria's petrol imports from Malta have surged by 342% amid a rift between Dangote and NNPC. The increase underscores the need for reforms in the energy sector.
The Dangote Refinery, with its capacity to produce 650,000 barrels per day, threatens to disrupt 90 European refineries and shift global oil market dynamics
Finance Minister Taiwo Oyedele opened talks with indigenous contractors in Abuja, pledging a transparent and structured plan to settle the Federal Government's outstanding debts.
Nestoil rejected reports linking it to First Bank's dividend halt, blamed a CBN forbearance directive, and threatened defamation suits against banks and media.
United Bank for Africa, Heirs Holdings-backed Redtech and MoMo PSB launched a cardless payment partnership, enabling wallet payments across 55,000 RedPay terminals nationwide.