Business News
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147Dangote Refinery Buys 1m Barrels of Oil from Algeria
Nigeria’s 650,000 barrels per day Dangote refinery has bought its first cargo of Algeria’s light sweet Saharan Blend crude, according to market...
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126‘Trump’s Tax Reforms May Reduce FDI in Nigeria’
The Nigerian Economic Summit Group (NESG) has warned that the US President, Donald Trump’s tax reforms may lead to a reduction in...
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175Oil Recovers as Upbeat Chinese Manufacturing Data Increases Some Optimism
Oil rose on Monday as upbeat manufacturing data from China, the world’s biggest crude importer, led to renewed optimism for fuel demand,...
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114FG Plans $122b Investment to Diversify Energy Sources
The Federal Government has announced plans to secure a total investment of $122.2bn to diversify the country’s energy sources, reduce dependence on...
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241Reps Begin Probe of Oil Coys Over ₦9.4tr Debts
The House of Representatives has launched a probe into outstanding debts totaling N9.4 trillion owed the Federation Accounts by several oil companies....
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125Dangote to Refund Customers Who Purchase PMS Above Advertised Rates
Dangote Petroleum Refinery & Petrochemicals has announced that it will refund customers who purchase Premium Motor Spirit (PMS) at rates higher than...
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111Ministry of Works Targets May 2026 to Complete Enugu-Onitsha Expressway
The Federal Ministry of Works has set a May 10, 2026, completion deadline for the Enugu-Onitsha Expressway, funded by MTN under the...
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278President Tinubu Signs ₦54.99tr 2025 Budget into Law
President Bola Ahmed Tinubu has signed the ₦ 54.99 trillion 2025 appropriation bill into law. President Tinubu signed the bill on Friday...
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208
Oil Heads for First Monthly Drop Since November as Economic Uncertainty Weighs
Oil prices eased on Friday, heading for their first monthly drop since November, as uncertainty over global economic growth and fuel demand...
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291Fuel Importers Face ₦75bn Monthly Loss after Dangote Price Cut
Importers of Premium Motor Spirit (petrol) may lose an average of N2.5bn daily and N75bn monthly following the latest PMS price reduction...
