The Nigerian Electricity Regulatory Commission (NERC) has fined electricity distribution companies across the nation for overbilling their customers. The fine is detailed in Order NERC/2024/114 published...
The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, says the Dangote Refinery will begin the distribution of Premium Motor Spirit (PMS)...
The Nigeria Labour Congress (NLC) has warned that Nigerians may end up buying petrol at about N5,000 per litre under the President Bola Tinubu’s administration. The...
The Nigerian National Petroleum Company Limited (NNPC Ltd.), says it has no intention of becoming the sole offtaker of Dangote Refinery Limited (DRL) or any entity...
The Central Bank of Nigeria (CBN), says it has approved 20,000 dollars each for eligible Bureaux De Change (BDCs) at the rate of N1,580 to a...
The chairman of the presidential committee on fiscal policy, Taiwo Oyedele, has revealed that the committee has proposed to the federal government the removal of taxes...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says the Dangote refinery is expected to supply 25 million litres of petrol daily this month. The...
Economic hardship faced by Nigerians may become worsen as price of Premium Motor Spirit (PMS) skyrockets across the country. NNPC Ltd management approved the upward review...
The Dangote Petroleum Refinery has warned the Nigerian National Petroleum Company Limited, NNPCL, and petroleum marketers it will export its petrol if they fail to patronise...
Dangote Refinery has commenced the rollout of its first Premium Motor Spirit (Petrol) from its 650,000 barrels per day Lagos-based refinery. The President of Dangote Group,...
The Federal Government says it plans to invest 800 million dollars in the construction of sub-stations and distribution networks as part of the Presidential Power Initiative...
The Nigerian National Petroleum Company Limited (NNPC Ltd) is experiencing financial strain, which has put considerable pressure on the company and poses a threat to the...