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As Dangote Petrol Circulates Across Nigeria, NNPC To Implement New Price Regime

Having lifted about 103 million litres of petrol from Dangote Refinery between September 15 and 30, the Nigerian National Petroleum Company Limited (NNPC) is now set to implement a new pricing regime... Read more »
Zenith bank 1

Zenith Bank Enhances E-Channel Services for Customers

Zenith Bank, one of Nigeria’s leading financial institutions, has restored improved services across its electronic transaction channels, ensuring customers have seamless access to banking services. In a statement released on Thursday via... Read more »
NNPCL

Fuel Price Hike Looms as NNPCL Portal Remains Closed

Petroleum marketers have raised an alarm that the Nigerian National Petroleum Company Limited, NNPCL, portal used for the purchase of Premium Motor Spirit (Petrol) has been shut down against dealers, making it... Read more »
CBN

CBN Says Currency In Circulation Now ₦4.1 Trillion With Only 6% In Banks

Data from the Central Bank of Nigeria (CBN) has shown that the currency in circulation has reached an all-time high of N4.1trillion as of August 2024. The report also revealed that currency... Read more »
Dangote Refinery NNPC

Naira-for-Crude Deal Begins: NNPC to Supply Dangote Refinery 385,000 Barrels Daily

The Technical Sub-Committee on Domestic Sales of Crude Oil in Local Currency has confirmed that the supply of crude in naira by the Nigerian National Petroleum Company Limited to the Dangote Petroleum... Read more »
IMG 20240930 WA0046

Showcase Your Business! Enugu MSME Clinics Now Open for Exhibitor Applications

Join us at the Expanded National MSME Clinics this week to celebrate innovation, creativity, and commerce among Enugu’s businesses. Showcase your efforts to key stakeholders, including federal agencies, and receive support to... Read more »
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Nigeria’s Import Bill On Used Vehicles Drops 83% To ₦‎138.62 Billion

Nigeria’s import bills on used vehicles, popularly known as tokumbo, fell by 83 percent year-on-year, YoY, to N138.62 billion in the first half of the year (H1’24) from N819.15 billion in H1’23.... Read more »
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Dangote To Transport Refined Products By Sea — Official

Dangote Group has said that it plans to transport refined petroleum products by sea. This announcement was made in a statement on Sunday by the Senior Adviser to the Group President on... Read more »
NNPCL logo

Oil Production: 3m Barrels Per Day Achievable – NNPCL

The Nigerian National Petroleum Company Limited (NNPCL), on Saturday, declared that production of 3 million barrels of crude oil per day was achievable from the 1.7 million currently produced. Making the declaration... Read more »
Naira and dollar

Naira Depreciates To ₦1,700/$ At Parallel Market, Lowest Level In Seven Months

The naira depreciated to N1,700 per dollar at the parallel section of the foreign exchange (FX) market on Friday. At the end of trading hours, the naira depreciated by 1.49 percent compared... Read more »