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Nigerian refineries

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Nigeria’s fiscal deficit hits 4.69 trillion naira in Q1 as revenue falls short

Nigeria's government ran a 4.69 trillion naira fiscal deficit in the first quarter as revenue fell far short of target and foreign loans stalled.
News

Nigeria’s state police bill heads to Tinubu after 28 states approve

Nigeria's National Assembly will send the state police bill to President Bola Tinubu for assent after verifying approval from 28 of 36 state legislatures.
News

Oil Producers Oppose Mandatory Crude Sales to Local Refineries

Oil producers in Nigeria are pushing back against a government proposal requiring mandatory crude sales to local refineries, citing concerns about profitability and existing contracts.
Business

Tinubu Committee and Dangote Refinery Agree on September Petrol Rollout

Nigeria's government and Dangote Refinery agree on September petrol rollout, shifting crude oil sales to naira.
News

U.S. Crude Oil to Dominate Nigerian Refineries, Economic Impact Unfolds

The United States may soon become the largest crude oil supplier to Nigerian refineries, significantly impacting the nation's economy and energy sector.

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News

Nigeria’s fiscal deficit hits 4.69 trillion naira in Q1 as revenue falls short

Nigeria's government ran a 4.69 trillion naira fiscal deficit in the first quarter as revenue fell far short of target and foreign loans stalled.
News

Nigeria’s state police bill heads to Tinubu after 28 states approve

Nigeria's National Assembly will send the state police bill to President Bola Tinubu for assent after verifying approval from 28 of 36 state legislatures.
News

An estimated 14 million uncollected PVCs pose a test for Nigeria’s INEC

An estimated 14 million voter cards remain uncollected across Nigeria, Vanguard reports, raising concern at INEC ahead of the Jan. 16 presidential election.
News

Nigeria warns agency heads of sanctions over inflated contracts

Nigeria's federal government says heads of state-owned enterprises who award inflated contracts outside procurement law will face sanctions, in a new directive from George Akume.