Nigeria imported more than two-thirds of the petrol consumed nationwide in June 2025, underscoring the country’s…
Author: Abubakar
Six New Deepwater Oil Projects Could Boost Nigeria’s Crude Output by 800,000 bpd
Nigeria’s struggling oil sector is poised for a significant revival as six major offshore developments are…
Dangote Refinery Cuts Petrol Price to ₦820/Litre, to Deploy 4,000 CNG Trucks Nationwide August 15
The Dangote Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly called petrol,…
US and China Extend Trade Truce, Delaying Tariff Hikes Amid Ongoing Negotiations
The United States and China have agreed to extend their trade truce for another 90 days,…
Australia’s Prime Minister Says Netanyahu ‘in Denial’ as Canberra Moves to Recognize Palestinian State
Australian Prime Minister Anthony Albanese has accused Israeli leader Benjamin Netanyahu of being “in denial” over…
SEC Nigeria Pushes for Full Transparency in Crypto Transactions to Curb Fraud
The Securities and Exchange Commission (SEC) Nigeria has reaffirmed its commitment to leveraging blockchain intelligence in…
Marketers Intensify Talks with Dangote Refinery Ahead August 15 Direct Petrol Supply Launch
Petroleum marketers across Nigeria are ramping up negotiations with Dangote Petroleum Refinery ahead of its planned…
Companies Hold Off on New Debt, Anticipate CBN Rate Cuts in September
Nigerian companies are pressing pause on issuing fresh debt instruments, waiting for a potentially more favorable…
Consumers to Pay More as Customs Revives 4% FOB Charge, Plans Massive Licensing Fee Hike
Importing goods into Nigeria is about to become significantly more expensive as the Nigeria Customs Service…
Nvidia and AMD Agree to Pay 15% of Chinese Chip Sales to US Government in Groundbreaking Deal
In a dramatic shift in the tech industry, semiconductor giants Nvidia and AMD have entered into…