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 when members of the Airline...
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 lead to the reopening of...
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 same period. This is according...
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 Refinery, David Bird, said the...
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 improved above international payment levels...
NGX Gains N5.55trn as Buying Spreads Across Sectors
The Nigerian Exchange Limited (NGX) witnessed a historic surge in investor wealth on Wednesday as market capitalisation crossed the N152tn milestone, bolstered by an aggressive wave of bargain hunting and first-quarter earnings optimism.
The market valuation climbed by...
