Tinubu Fires NMDPRA Chief Amid Jet Fuel Price Row   Four months after his appointment, President Bola Tinubu has sacked the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) Saidu Mohammed. Mohammed’s removal is coming at a time...

Petrol Nears N1,400/Litre Following Dangote Price Adjustment    The pump prices of Premium Motor Spirit (petrol) are nearing N1,400 per litre in many parts of the country as the United States and Iran fail to agree on a ceasefire that should...

Rising Passenger Traffic Drags Air Cargo Demand Lower   Global air cargo demand suffered a setback in March 2026, falling by 4.8 per cent year-on-year, even as passenger traffic continued its upward climb with a 2.1 per cent increase over the...

Dangote Begins Jet Fuel Supply to Ethiopian Airlines, Others    The Dangote Petroleum Refinery and Petrochemicals said it has commenced a direct delivery of aviation fuel to Ethiopian Airlines amid the tightness caused by the US-Iran crisis. The Managing Director of Dangote...

FX Turnover Surge Lifts Naira Against Dollar   The naira rose against the US dollar at the Nigerian Foreign Exchange Market amidst a significant surge in interbank turnover, according to daily FX data published by the Central Bank of Nigeria. Dollar liquidity...

NRS Raises Alarm Over Illicit Capital Outflows, Recovers N80bn    The Nigeria Revenue Service (NRS) has stated that it recovered over N80bn from illicit financial flows within a three- to five-year window. It urged private sector operators to strengthen due diligence...