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According to a report by Times of Israel on Saturday September 12, 2026, the United States has reportedly reduced the number of daily time periods during which it provides air defense protection to oil tankers travelling through the…
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Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) gantry price by N85 per litre, raising the wholesale price from N1,265 to N1,350 per litre and fuelling fresh concerns over another round of petrol price increases…
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President Bola Tinubu The organisation argued that millions of Nigerians produce the country's wealth through their labour, but the benefits remain concentrated in the hands of a small political and economic elite. The Centre for…
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The International Monetary Fund has stated that the significant reform efforts by the government over the past decade have not yet translated into improved State-Owned Enterprises (SOEs) financial performance, pointing to persistent…
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An oilfield crew, contracted by the Railroad Commission of Texas (RRC), works a service rig during a state-funded oil well plugging operation in Midland, Texas, US, on Thursday, Sept. 25, 2025. Eli Hartman | Bloomberg | Getty Images Oil…
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The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and the Nigeria Immigration Service (NIS) have commended the NNPC Retail Ltd. for introducing a smart station integrating self-service fuelling. Mr Rabiu…
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Key Points CBN sells $151 million into the foreign exchange market at rates between ₦1,322.71 and ₦1,331.50 per dollar Naira appreciates 0.45% at the official window to ₦1,328 per dollar CardinalStone reports the naira…
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COURT The Tax Appeal Tribunal on Thursday in Abuja ordered the Cement Technology Institute of Nigeria (CTIN) to pay the Nigeria Revenue Service (NRS) known before as( FIRS) assessment tax of N2 billion. The five-member panel…
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Allen Onyema, Air Peace CEO No Nigerian airline made $1 million in profit in 2025, according to Air Peace CEO Allen Onyema, who said high operating costs continue to leave local carriers with thin profit margins. Onyema made this…
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Nigeria and other African countries have benefited from €108 million invested through the European Investment Bank’s (EIB) Boost Africa initiative over the past 10 years. European Union Ambassador to Nigeria and ECOWAS, Gautier…
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