Highlights
- Petrol Price Chaos: Nigerians Face Fresh Burden
- FG’s Subsidy Removal Raised Prices, Worsened Poverty To 63%, Report Reveals
- Oil climbs above $100 as Iran warns Strait of Hormuz will remain shut
- OPEC: Nigeria’s crude oil production dropped by 10% to 1.31m bpd in February
- The Iran war is causing the largest disruption to oil markets in history, IEA says
- Group urges FG to increase crude supply to local refiners
- TCN enforces right-of-way on Ihovbor–Ajaokuta 330kV transmission line
- Fuel Price Hike: Commuters Walk Long Distances To Beat High Transport Costs
- Fuel Price Drops As NNPC Reduces Pump Price Nationwide
- Oil Price Turbulence Sparks Volatility Across Global Financial Markets
- NMDPRA suspends issuance of petrol import licences
FG’s Subsidy Removal Raised Prices, Worsened Poverty To 63%, Report Reveals
…Reform Pains Persist Without Strong Social Protection
…Stakeholders Urge Govt To Expand Safety Nets For Vulnerable
A new study has revealed that the removal of petrol subsidy in Nigeria significantly worsened poverty levels, pushing the national poverty headcount to about 63 per cent before moderating slightly following the introduction!-->!-->!-->!-->!-->!-->!-->…
Oil climbs above $100 as Iran warns Strait of Hormuz will remain shut
Global oil markets rose into renewed turmoil Thursday after crude prices climbed above the $100 per barrel!-->!-->!-->…
OPEC: Nigeria’s crude oil production dropped by 10% to 1.31m bpd in February
Nigeria’s crude oil production fell to 1.31 million barrels per day (bpd) in February, according to the!-->!-->!-->…
The Iran war is causing the largest disruption to oil markets in history, IEA says
Negar / Middle East Images / AFP via Getty Images
The Iran war has produced the largest disruption to oil!-->!-->!-->…
Group urges FG to increase crude supply to local refiners
NNPC filling station
The Federal Government have been increase crude oil supply to local refineries and!-->!-->!-->…
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FG’s Subsidy Removal Raised Prices, Worsened Poverty To 63%, Report Reveals
…Reform Pains Persist Without Strong Social Protection
…Stakeholders Urge Govt To Expand Safety Nets For Vulnerable
A!-->!-->!-->!-->!-->!-->!-->…
Oil climbs above $100 as Iran warns Strait of Hormuz will remain shut
Global oil markets rose into renewed turmoil Thursday after crude prices climbed above the $100 per barrel mark, driven by!-->!-->!-->…
OPEC: Nigeria’s crude oil production dropped by 10% to 1.31m bpd in February
Nigeria’s crude oil production fell to 1.31 million barrels per day (bpd) in February, according to the Organisation of!-->!-->!-->…
The Iran war is causing the largest disruption to oil markets in history, IEA says
Negar / Middle East Images / AFP via Getty Images
The Iran war has produced the largest disruption to oil markets in history,!-->!-->!-->…
Group urges FG to increase crude supply to local refiners
NNPC filling station
The Federal Government have been increase crude oil supply to local refineries and consider targeted!-->!-->!-->…
TCN enforces right-of-way on Ihovbor–Ajaokuta 330kV transmission line
The Transmission Company of Nigeria has carried out a clearance operation to remove structures encroaching on the!-->!-->!-->…
Fuel Price Hike: Commuters Walk Long Distances To Beat High Transport Costs
File Photo: Petrol Station
For many residents of the Federal Capital Territory, the daily journey to work is becoming more!-->!-->!-->…