Nigeria Becomes One of Africa’s Top Oil Producers with Highest Petrol Prices After Subsidy Removal
Nigeria’s petrol prices are now ranked among the highest in Africa after subsidy removal, despite being a top oil producer.
Nigeria’s petrol prices are now ranked among the highest in Africa after subsidy removal, despite being a top oil producer.
Overland Airways has launched Lagos-Banjul flights, aligning with SAATM and AfCFTA goals to boost intra-African trade and tourism.
Saipem, with KOA Oil & Gas and AVEON Offshore, has secured a $1bn Shell contract for Nigeria’s Bonga North Project.
Air Peace has explained passenger rush video, citing harmattan haze delays, with three aircraft deployed to airlift passengers from Abuja
Minister Bosun Tijani has highlighted the importance of long-term connectivity solutions for Nigeria’s growth, security, and digital economy.
NNPC is set to finalise a $2bn crude-backed loan, aiming to increase oil production and sustain operations.
NACCIMA and BOI have signed a MoU for a N75bn intervention fund to support MSMEs nationwide.
Lagos State has gained regulatory control over its electricity market as LASERC assumes oversight of power distribution.
FDC MD Rewane has criticised Nigeria’s $1trn GDP goal, highlighting lack of strategy and slow economic progress in recent years.
CBN Governor has confirmed Nigeria’s $42.01bn reserves can finance imports for over nine months in 2025, bolstering economic stability and resilience.
Nissan and Honda have confirmed discussions on closer collaboration but deny merger reports.
DMO’s Patience Oniha and AfDB’s Kevin Urama have called for an African credit rating agency to tackle systemic global bias.
EXCERPT: Sanwo-Olu has commended Keystone Bank’s positive community impact and praised its leadership at the customer appreciation dinner in Lagos. Lagos State Governor Babajide Sanwo-Olu has lauded Keystone Bank for its
NNPC’s Soneye stated the $1bn crude-backed loan supported Dangote Refinery during liquidity challenges, enhancing Nigeria’s refining capacity and energy sector.
Nigeria’s inflation hits 34.6%, with food prices soaring, impacting households across the nation amid economic strain.
Bitcoin has surged past $106,000 following Trump’s election victory, fueled by optimism over the incoming administration’s cryptocurrency-friendly stance.
A Japanese delegation has hailed Dangote Refinery as a global marvel, citing its technological advancements and export-ready petroleum products.
CBN has announced N150m fines per branch for banks aiding illegal mint naira note distribution to currency hawkers.
FirstBank has dismissed allegations of a N7 billion fraud, describing the claims as unfounded and lacking any factual basis
CBN has reiterated old Naira notes remain legal tender indefinitely, following Supreme Court ruling allowing concurrent circulation of all denominations.
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