News
NNPC Ltd Appoints New Senior Management Team
The Nigerian National Petroleum Company Limited (NNPC Ltd) has unveiled a new eight-man Senior Management Team, a move aimed at strengthening its leadership as...
Business
Tesla Q1 Sales Drop Amid Backlash Over Musk’s Politics
Tesla’s sales have experienced a significant decline in the first quarter of 2025, marking a troubling trend for the electric vehicle (EV) manufacturer. The...
Business
Trump Imposes 14% Tariff on Nigeria’s Exports to United States
In a significant policy shift, U.S. President Donald Trump has imposed a 14% tariff on Nigerian exports to the United States. This move is...
Business
Former Finance Minister Kemi Adeosun Urges Tinubu to Appoint National Export Adviser to Boost Nigeria’s Export Sector
Former Minister of Finance, Kemi Adeosun, has called on President Bola Tinubu to appoint a National Export Adviser to help drive reforms aimed at...
Business
Dangote Refinery Temporarily Suspends Sales of Petroleum Products in Naira
Dangote Petroleum Refinery, one of Nigeria’s largest oil refineries, has announced the temporary suspension of the sale of petroleum products in Naira. This decision,...
News
Weak Demand Hits Nigerian Oil Exports as 12 March Cargoes Go Unsold
Nigeria’s oil industry is facing mounting challenges as it struggles to find buyers for its crude exports. As of mid-March, 12 crude cargoes, due...
News
Court Dismisses FCCPC’s Request to Join Dangote Refinery Lawsuit Against NNPCL, Oil Marketers
The Federal High Court in Abuja has dismissed the request by the Federal Competition and Consumer Protection Commission (FCCPC) to join a lawsuit filed...
Business
Nigeria’s Total Trade Exports Surge to $50.4 Billion in 2024
Nigeria’s foreign trade reached a historic milestone in 2024, with total exports soaring to $50.4 billion, marking a significant increase fueled by the depreciation...