Dangote Refinery Petrol Ready for Rollout The Dangote Petroleum Refinery is set to roll out the sale of Premium Motor Spirit, otherwise known as petrol. This is coming a few days after the 650,000-capacity refinery engaged in a test-run of the product. Industry sources confirmed to that...

CBN Terminates NIRSAL Executive Directors’ Appointment The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL). The decision, approved by CBN Governor Olayemi Cardoso on Friday, marks the latest in...

FG Sets Up Committee to Resolve Dispute on Domestic Crude Supply to Refineries The Minister of State for Petroleum Resources (oil), Heineken Lokpobiri, says the federal government has set up a committee to resolve the dispute on domestic crude supply to the Dangote refinery and...

NIN, SIM Database Can Solve Nigeria's Security Challenges, Says Pantami Professor Ali Pantami, the former Minister of Digital Economy and Communication, has reiterated that utilizing the database of National Identification Number (NIN) and SIM registration can help identify perpetrators of insecurity and solve the country's...

Tinubu to commission $115m West Africa Container Terminal in Rivers President Bola Tinubu will officially commission the upgraded West Africa Container Terminal (WACT) in Onne, Rivers State, next Wednesday. WACT, operated by APM Terminals in Onne, Rivers State, is Nigeria’s largest container terminal outside Lagos. An...

Naira Appreciates by 0.9% in Parallel Market The Naira yesterday appreciated to N1, 600 per dollar in the parallel market from N1,615 per dollar on Wednesday. However, the Naira depreciated to N1,586.11 per dollar in the Nigerian Autonomous Foreign Exchange Market, NAFEM. Data from FMDQ showed...