Why Dangote Adjusted PMS Ex-depot Price Dangote Refinery has clarified that its recent adjustment in the ex-depot price of Premium Motor Spirit (PMS) from N899.50 to N950 per litre is directly linked to the significant increase in global crude oil prices. The refinery announced that all...

Nigeria's First AfCFTA Consignment Arrives Kenyan Port The first shipment from Nigeria under the African Continental Free Trade Area (AfCFTA) has successfully arrived at the Mombasa Port in Kenya. This announcement was contained in a press release signed by Olusegun Olutayo, Senior Trade Expert at the...

Petrol Price Hits N1,150 per Litre Following Dangote's Rate Hike The pump price of petrol has increased, ranging from N1,050 to N1,150 per litre, depending on the location, due to the recent price hike by the Dangote Petroleum Refinery and other depot owners. Dealers confirmed that...

FG Disburses N32bn to World Bank, Others in 2024 Nigeria fulfilled its membership obligations to international organizations in 2024 by disbursing N32 billion to the World Bank and five other global bodies. According to findings by Economic Confidential, the disbursements, released through the Office of the...

Nigeria Targets $79bn Export Through AfCFTA Nigeria is poised to significantly boost its export market, with a potential value of up to $79 billion, by leveraging the African Continental Free Trade Area (AfCFTA) framework to expand its export capabilities. Minister of Industry, Trade, and Investment, Dr...

Dangote Raises Petrol Price for Bulk Buyers to N955 per Litre Due to the sustained upward trend in the price of Brent crude, the global oil benchmark, Dangote Petroleum Refinery has notified its customers of a price increase for Premium Motor Spirit, commonly referred to...