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...

Petrol Price May Rise as Crude Oil Costs Increase - PENGASSAN The National President of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) Festus Osifo, has projected that the cost of Premium Motor Spirit (petrol) may rise soon if crude oil continues...

Minister Says FG Not Responsible for Setting Fuel Prices The Minister of State Petroleum Resources, Heineken Lokpobiri, emphasized that fluctuations in petrol prices at the pump are largely driven by the volatile price of crude oil in the international market. He said the downstream sector is...

Dangote Refinery Targets 650,000bpd Production by June The Dangote Petroleum Refinery is set to ramp up its crude oil imports due to inadequate supply from the Nigerian National Petroleum Company Limited (NNPC) which is struggling to meet the refinery's fuel production needs at its $20...