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Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.
Business

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.
Business

Dangote Refinery Cuts Petrol Price to ₦865

KEY POINTS Dangote Refinery reduced petrol prices to ₦865 per litre, citing improved supply...
Business

Tinubu Sacks Kyari and NNPCL Board Over Poor Performance

KEY POINTS The president dismissed Kyari and the NNPCL board members after they demonstrated...
Business

NNPCL Ends Naira for Crude Supply to Dangote, Other Refineries

NNPCL has stopped its Naira for Crude supply to Dangote and other refineries, with discussions ongoing for a new crude agreement.
News

Abuja Residents Struggle as NNPCL Closes Fuel Stations

The city of Abuja experiences fuel supply issues because NNPCLUpdated forced all its stations to discontinue operations due to delivery problems.
News

NNPCL On Transparency, Transmits N10 Trillion in 2024

NNPCL makes N10 trillion remittance in 2024 on the basis of the optimal level of transparency; NPA’s projected revenue increased by National Assembly.
News

Competition Is Rising, Petrol Price Drops Below N900

Fuel dips below N900 as relief to end consumers comes from competition and reforms.
News

NNPCL Challenges Dangote Refinery’s Import Licence Suit

NNPCL counters Dangote Refinery’s bid to monopolize petroleum imports, arguing the suit doesn’t hold water and could be ruinous to the economy.
News

NNPCL Denies Rumours of Fuel Price Hike

The Nigerian National Petroleum Company Limited (NNPCL) has dismissed rumors of an imminent increase...
News

Petrol Scarcity Hits Harder in Abuja, Lagos, Across Nigeria

Nigeria's woes deepen as cities like Abuja and Lagos witness intensified petrol scarcity, exacerbating...

Latest articles

Business

Conoil Profit Slumps 77 Percent as Finance Costs Surge

Conoil profit slump sees 77 percent drop in earnings as higher borrowing costs and weaker fuel sales squeeze margins in Nigeria’s retail fuel market.
Business

Otedola Applauds Dangote Refinery at Full Capacity

Femi Otedola hails Dangote Refinery full capacity milestone, saying 650,000 bpd output could transform Nigeria’s fuel supply and forex stability.
News

INEC Seeks N873.8 Billion for 2027 Elections

INEC proposes N873.8 billion for the 2027 elections, separating the poll budget from its 2026 spending plan and seeking flexible funding.
News

FG Lists 15 Million Households for Cash Support

Nigeria says 15 million households are in its Benefit Register for conditional cash transfers, distinct from the broader National Social Register.

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