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Despite oil sector reforms, the CBN released $1.25bn for fuel imports in 2024, 40% higher than last year, amid continued demand for petrol. The...
The Onion Producers, Processors, and Marketers Association of Nigeria explains the factors behind the rising cost and scarcity of onions in the country, citing flooding, climate...
Nigeria’s VAT revenue soared to ₦1.78 trillion in Q3 2024, marking a 14.16% quarterly rise and an 88% jump from Q3 2023, says NBS. ...
PETROAN partners with Dangote Refinery to ensure steady fuel supply during the festive season, while Port Harcourt refinery begins exports. The Petroleum Products Retail...
PENGASSAN’s President affirms the functionality of Port Harcourt Refinery, detailing its output of essential petroleum products for Nigerians. The National President of the Petroleum and...
NNPCL clarifies that PHRC has not yet begun bulk sales and urges the public to ignore misleading pricing information. The Nigeria National Petroleum Company...
Claims about the true operational status of the Port Harcourt Refining Company spark debate, with accusations of misleading information and partial functionality of the facility, while...
The SEC warns against Marino FX Ltd, flags its false licensing claims, and proposes strict penalties for investment fraud under the 2024 bill. The...
The Central Bank of Nigeria has increased the monetary policy rate to 27.25%, a move aimed at tackling inflation and stabilising the economy. The...
Nigeria’s GDP grew by 3.46% in Q3 2024, driven by the services sector, but experts highlight inflation and unemployment challenges. Nigeria’s Gross Domestic Product...
