A tanker carrying a whole bunch of hundreds of barrels of Russian crude is making its option to Turkey, signaling a possible shift in sourcing […]
Category: Business
Dangote Slashes Petrol Worth Once more to ₦835 per Litre
Dangote Petroleum Refinery has lower the gantry worth of Premium Motor Spirit (PMS) to ₦835 per litre, down from ₦865. This marks a 3.5 per […]
Trump’s Tariff Flip-Flops Gasoline International Oil Worth Crash — NMDPRA Boss
Farouk Ahmed, the Chief Govt Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has pointed to President Donald Trump’s unpredictable tariff insurance […]
Nigeria Submits AfCFTA Tariff Provide, Commits to 90% Obligation-Free Commerce Throughout Africa
Omotayo Adigun Nigeria has formally submitted its ECOWAS Tariff Provide to the African Continental Free Commerce Space (AfCFTA) Secretariat, a major transfer establishing zero duties […]
Nigeria’s Inflation Rises to 24.23% in March — NBS
Nigeria’s inflation fee climbed to 24.23 % in March 2025, in keeping with the newest Shopper Value Index (CPI) report launched Tuesday by the Nationwide […]
Nigeria Expands World Aviation Ties with New, Revamped Air Service Agreements
Nigeria is making important strides in strengthening its international aviation footprint by way of a collection of Bilateral Air Providers Agreements (BASA) geared toward increasing […]
OPEC Slashes 2025 Oil Demand Forecast Citing U.S. Tariff Impression
The Group of the Petroleum Exporting International locations (OPEC) has marginally lowered its 2025 world oil demand progress forecast, citing rising world commerce tensions and […]
Nigeria’s Oil Can Final 64 Years, Gasoline for 93 Years — NUPRC
The Nigerian Upstream Petroleum Regulatory Fee has formally declared the nation’s petroleum reserves as of January 1, 2025, revealing 37.28 billion barrels of crude oil […]
PETROAN Backs Continuation of Naira-for-Crude Coverage, Hopes for Decrease Gasoline Costs
The Petroleum Merchandise Retail Shops House owners Affiliation of Nigeria (PETROAN) has expressed sturdy assist for the Federal Govt Council’s current approval to proceed the […]
Dangote Refinery Reduces Petrol Value to ₦865 Per Litre
Dangote Petroleum Refinery and Petrochemicals has slashed its ex-depot (gantry) value of petrol to ₦865 per litre, down from ₦880. This new fee, introduced on […]