Dangote Cuts Diesel Price by N200 Despite Import
Dangote Refinery has cut the depot price of Automotive Gas Oil (AGO), commonly known as diesel, by N200 per litre.
The move intensifies competition in Nigeria’s downstream petroleum sector and has forced a major price adjustment.
The reduction took...
Oil Prices Fall as US-Iran Ceasefire Talks Advance
Fresh diplomatic moves between the United States and Iran triggered a further decline in global oil prices on Thursday, raising hopes of a possible reduction in petrol prices in Nigeria.
Brent crude fell to $93 per barrel on...
Private sector credit dropped sharply by over ₦14 trillion in just two months, falling to ₦80.59 trillion in April 2026 from a peak of ₦94.61 trillion in February 2026, despite the Central Bank of Nigeria’s (CBN) decision to ease monetary policy.
Kaduna Western By-pass 65% Completed -Dantata
The Nnamdi Azikiwe Western By-pass in Kaduna, has achieved 65%completion, the contractor, Dantata & Sawoe Construction Company, has said.
Engr. Nasiru Abdulkadir Dantata, Executive Director, Dantata & Sawoe Ltd., in an interview in Abuja, said the project, which stretches from...
Domestic Airlines May Cut Fares as Dangote Refinery Slashes Jet A1 to ₦1,650/Litre
There strong indications that domestic airlines may slash the cost of local flights by next week, following the confirmation that marketers have commenced loading of aviation fuel, known as Jet A1 at...
Nigeria’s Trade Surplus Jumps 220% to $480m
Nigeria recorded a $480 million trade surplus in January 2026, driven by a 4.46 percent increase in export receipts to a record $4.68 billion, largely fueled by petroleum products.
This represents a 220 percent month-on-month (MoM) increase in trade...
