Business
Port Harcourt Refinery Petrol Price ₦75/Litre Higher Than Dangote – PETROAN
A price gap of ₦75 per litre has emerged between the petrol produced by the recently restored Port Harcourt Refinery and the fuel sold...
Business
CBN Sets $100,000 Minimum for New Forex Trading System
The Central Bank of Nigeria (CBN) has introduced a major shift in the country’s foreign exchange (forex) trading system. Starting December 2, 2024, the CBN...
Business
CBN Praises Nigerian Banks for Resilience Amid Economic Pressure
The Central Bank of Nigeria (CBN) has assured the public that the country’s banks remain resilient despite facing both internal and external challenges. On Tuesday,...
Business
FG to Privatize Port Harcourt, Warri, Kaduna Refineries
The Nigerian presidency has unveiled plans to fully privatize three state-owned refineries: Port Harcourt, Warri, and Kaduna. This decision marks a significant shift in the...
Business
NNPC Slams ‘False Claims’, Says Port Harcourt Refinery Producing Fuel
The Nigerian National Petroleum Company Limited (NNPC Ltd) has dismissed claims suggesting the Port Harcourt Refinery is not producing fuel. The company, in a statement...
Business
NBS GDP Growth Report Detached from Reality – NACCIMA
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) has criticised the latest GDP growth figures released by the National Bureau...
Business
Abia Traders Demand Justice for Colleague Killed Over Shop Dispute
Traders at Ariaria International Market in Aba, Abia State, have staged a protest over the death of their colleague, Ikem Uchendu, who was allegedly...
Business
$741m Refinery Rehabilitation to Boost Economy – KRPC MD
The Kaduna Refining and Petrochemical Company (KRPC) has assured Nigerians that the ongoing Quick Fix Project for the Kaduna Refinery will be completed by...