Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)!-->!-->!-->!-->!-->…
Read More...
Read More...
Nigeria Built Refineries, Yet Dollar Sets Petrol Prices
Nigeria’s petrol market has entered another period of uncertainty. This time, the problem is not simply whether the country has enough refining capacity.
The deeper issue is that Nigeria may now refine more fuel locally, yet the!-->!-->!-->!-->!-->…
Read More...
Read More...
Imported Petrol Costlier Than Local Supply, IPMAN Warns
…Urges NMDPRA to review import licences …Naira weakness pushes landing cost to N1,190.96 — MEMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has warned that recent import licences granted for petrol are making!-->!-->!-->!-->!-->…
Read More...
Read More...
Spain Beat Argentina To Win World Cup For Second Time
By Saidu Abubakar
The venue was New York New Jersey Stadium, East Rutherford in the presence of American President, Donald Trump who watched the World Cup final sitting in a box behind bullet-proof glass with First Lady Melania!-->!-->!-->!-->!-->…
Read More...
Read More...
NCDMB, Renaissance Begin Training For 300 Nigerians In Oil And Gas Field Readiness
The Nigerian Content Development and Monitoring Board (NCDMB), in partnership with Renaissance Africa Energy Company Limited, has commenced a specialised human capital development programme aimed at equipping 300 young Nigerians with!-->!-->!-->…
Read More...
Read More...
Energy Crisis Remains Nigeria’s Biggest Obstacle to Industrialization – Emir Sanusi
Emir of Kano, Muhammadu Sanusi II
The Emir of Kano, Muhammadu Sanusi II, on Friday said Nigeria’s inability to provide reliable, affordable and sustainable energy remained the country’s greatest obstacle to industrialisation, economic!-->!-->!-->…
Read More...
Read More...
EAC States Struggle To Meet Single-Currency Convergence Rules
The East African Community's ambition to launch a single currency remains constrained by a widening gap between institutional preparations and economic reality, after the bloc's own budget disclosure showed no evidence that any partner!-->!-->!-->…
Read More...
Read More...
Five Nigerian Football Stars Who Have Built Off Pitch Businesses
Professional football careers are notoriously short, which forces elite athletes to think about their post-sport careers very early. While many stars struggle to manage their wealth after hanging up their boots, several Nigerian!-->!-->!-->…
Read More...
Read More...
Reps vow to repeal obsolete laws hindering businesses
Speaker of the House of Representatives, Abbas Tajudeen
Speaker of the House of Representatives, Hon. Abbas Tajudeen, has pledged that the National Assembly would repeal obsolete laws that hinder business growth as part of efforts to!-->!-->!-->…
Read More...
Read More...
Nigeria: Paradox Of Poor Citizens In A Rich Nation
Poverty
Few countries in the world embody the contradiction between wealth and poverty as starkly as Nigeria. Blessed with abundant crude oil, one of the largest natural gas reserves in Africa, vast deposits of solid minerals, fertile!-->!-->!-->…
Read More...
Read More...
Recent World Bank, IMF Data On Nigeria Says Nearly 8 in 10 = Poor + At Risk
Compiled by Saidu Abubakar
About 139 million Nigerians (61% of the population) live below the national poverty line, surviving on less than the equivalent of a few dollars a day, while 79% remain near-poor or vulnerable to falling!-->!-->!-->!-->!-->…
Read More...
Read More...

