The Federal Government of Nigeria has introduced a new levy on electronic money transfers. Starting September 9th, 2024, a one-time fee of N50 will be applied to electronic transfers of N10,000 and... Read more »

The Nigerian National Petroleum Company (NNPC) Limited has denied reports that it intends to become Dangote refinery’s sole distributor. In a statement issued on Saturday, the NNPC addressed allegations by the Muslim... Read more »

The CBN has approved the allocation of $20,000.00 to each qualified Bureau de Change at an exchange rate of N1,580 per dollar This measure aims to address the demand for invisible transactions.... Read more »

As Nigerians eagerly await the release of Premium Motor Spirit, popular known as petrol, from the $20bn Dangote Petroleum Refinery, the Nigerian National Petroleum Company Limited says it will lift the product... Read more »

The Dangote Group has refuted the claims in the media that the Nigeria National Petroleum Company Limited (NNPC Ltd) is currently lifting petrol from its refinery and selling at N897 per litre.... Read more »

Vice President, Downstream at the Nigeria National Petroleum Company Limited (NNPCL), Mr Adedapo Segun, on Thursday, revealed that the Dangote Refinery between September and November will receive additional 17.8million barrels of crude... Read more »

Nigeria’s Current Account position is projected to record a higher surplus of $6.96 billion this year, a macroeconomic report by the Central Bank of Nigeria (CBN) research department has shown. The current... Read more »

Nigeria and China will strengthen ties through a new nuclear energy partnership, a government spokesperson said on Tuesday. At the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in Beijing, both... Read more »

The Dangote Petroleum Refinery has said that its Premium Motor Spirit, popularly called petrol, will be exported if the Nigerian National Petroleum Company Limited and other petroleum dealers in the country refuse... Read more »