Oil marketers have called for liberalisation of the downstream sector, where other players with licenses will be allowed to import more Premium Motor Spirit (PMS) or petrol into the country.
National President...
At the backdrop of rising public debt pressure and concerns over the impact on the economy, the Federal Government (FG) increased its domestic borrowing by N8.1 trillion in the first quarter of 2026...
President Bola Tinubu has acknowledged the growing hardship caused by rising fuel prices, while urging Nigerians to remain hopeful, noting that the country is still better positioned compared to some others.
The...
The Central Bank of Nigeria (CBN) has addressed a viral social media post claiming that billionaire businessman Razaq Okoya is set to purchase Polaris Bank following a purported liquidation process.
The post,...
The Dangote Petroleum Refinery & Petrochemicals has slashed the ex-gantry price of Premium Motor Spirit (petrol) to N1,200 per litre, reversing its earlier increase amid a sharp drop in global crude...
The Lagos State Internal Revenue Service (LIRS) has extended the deadline for filing individual annual income tax returns by two weeks, shifting it from March 31 to April 14, 2026.
The Executive...
The federal government has defended its £746 million ports upgrade agreement with the United Kingdom, saying the deal is balanced and designed to deliver major economic benefits to Nigeria despite concerns...
Oil prices soared Thursday, briefly trading above $100, and stock markets extended losses as fresh attacks against Gulf energy targets offset the release of crude reserves by major economies.
Meanwhile, the International...
In a bid to address the impact of the war in the Middle East on the cost of transportation in Nigeria, President Bola Tinubu has directed the immediate deployment of about...
Dangote Petroleum Refinery and Petrochemicals has announced reductions in prices of Premium Motor Spirit (PMS), also known as petrol, and diesel.
According to a new pricing template released by the refinery on...
As petrol prices jumped to about N1,300 per litre in various parts of Nigeria on Monday, businesses across the country are beginning to prepare for a sharp rise in their operational...
The federal government (FG) has disclosed the efforts being made to protect Nigerians in the Middle East amid rising tensions in the Gulf region linked to the confrontation involving the United...