Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)!-->!-->!-->!-->!-->…
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Oil Prices Surge Again Amid Escalation As Brent Trades Near $96 Per Barrel
Global oil prices climbed sharply on Monday as renewed geopolitical tensions between the United States and Iran intensified supply concerns, pushing Brent crude oil close to $96 per barrel amid rising uncertainty over the stability of!-->!-->!-->…
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She-Fix 2.0: NNPC Retail Champions Inclusion, Impact, Opportunities for Women
In its bid to advance inclusion, celebrate female excellence, and strengthen women's participation across technical and professional sectors, the NNPC Retail Limited (NNPC Retail), a subsidiary of the NNPC Ltd., hosted the second!-->!-->!-->…
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CBN Launches New Benchmark Rate To Strengthen Nigeria’s Money Market
...The CBN disclosed that the development of the benchmark followed a stakeholder engagement session held in February 2026
CBN Office Abuja
The Central Bank of Nigeria (CBN) has announced the introduction of the Nigerian Overnight!-->!-->!-->!-->!-->…
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NMDPRA assures 74day aviation fuel sufficiency for airlines
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has assured the public of adequate aviation fuel supply across the country, dismissing reports of scarcity and inflated prices of Jet A1.
The regulator!-->!-->!-->!-->!-->…
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Tinubu assents to 2026 appropriation bill, 2025 budget extension
President Bola Ahmed Tinubu has assented to the 2026 Appropriation Bill, which provides for an aggregate expenditure of N68.32 trillion.
The President also signed the bill extending the implementation period for the 2025 budget from!-->!-->!-->!-->!-->…
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Kaduna Is Investment-Friendly – Uba Sani Tells DPAN
Gov Uba Sani of Kaduna State
Governor Uba Sani has promised to support the Dangote Peugeot Automobiles Nigeria Limited (DPAN) because Kaduna State is the second subnational in the Ease of Doing Business ranking in Nigeria.
The!-->!-->!-->!-->!-->…
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Nigeria Retains ‘B’ Rating as Fitch Foresees Naira Depreciation
Credit rating agency, Fitch, has affirmed Nigeria’s Long-Term Foreign Currency Issuer Default Rating at ‘B’ with a stable outlook, while projecting depreciation for the Naira in the near term.
The decision underscores the country’s!-->!-->!-->!-->!-->…
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Oando Broadens Energy Portfolio, Joins African Energy Week 2026
Oando Energy has joined African Energy Week (AEW) 2026 as an Emerald Sponsor with compelling financial momentum after reporting a 10 per cent year‑on‑year rise in profit after tax to ₦241.3 billion in profit for the full year 2025.
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NCDMB, Seplat Firm up Plans for Take-off of Centre of Excellence at DELSU
Key Management staff of the Nigerian Content Development and Monitoring Board (NCDMB) and Seplat Energy Plc met with principal officers of the Delta State University (DELSU), at Abraka, Delta State, on Monday to deliberate on critical!-->!-->!-->…
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When Buhari came, our borrowing was N13tn, when he left, it was N87trn, Now we are hitting N200trn —…
Peter Obi, a member of the African Democratic Congress ADC and former presidential candidate for the Labour Party LP in the 2023 election, has given his take on the hardships in the Nigerian economy.
Several Nigerians have taken to!-->!-->!-->!-->!-->…
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