28 h. ago Petrol Pump Prices May Not Rise In Nigeria Despite Hike Int’l Market Rate

There are reports indicating that pump price of petrol in Nigeria may not go up despite a sharp rise in the price of crude in the international market. Despite being an oil-producing nation, Nigeria relies heavily on imported petroleum products. This means that any rise in global oil prices is directly reflected in local fuel […]

Politics

4 d. ago Inflation: US consumer prices rise in May amid Trump’s tariffs

Tribune Online Inflation: US consumer prices rise in May amid Trump’s tariffs The Consumer Price Index (CPI), a broad measure of the prices paid for goods and services across the U.S. economy, rose... Inflation: US consumer prices rise in May amid Trump’s tariffs Tribune Online

Politics

5 d. ago Nigeria’s naira strengthens as oil rises and trade worries ease

Nigeria’s naira rose for a seventh day to a two-month high against the dollar on Tuesday amid higher oil prices read more Nigeria’s naira strengthens as oil rises and trade worries ease

Politics

9 d. ago Nigeria Strengthens Competitiveness In Oil & Gas – African Energy Chamber

The latest executive order by President Bola Tinubu to lower costs and enhance revenue from oil and gas projects is strengthening the competitiveness of doing business in Nigeria, says the African Energy Chamber (AEC). The Upstream Petroleum Operations Cost Efficiency Incentives Order (2025) introduces performance-based tax incentives for upstream operators and is expected to play […]

Politics

2 w. ago Dangote Refinery Has Capacity To Meet West Africa’s Petroleum Needs – Dangote

Aliko Dangote, Chairman of Dangote Group has said that the 650,000 barrels per day Dangote Refinery is fully equipped to meet the petroleum needs of Nigeria and the entire West African region. Dangote, gave the assurances during a high-level visit to the state-of-the-art facility by the President of the ECOWAS Commission, H.E. Dr Omar Alieu […]

Politics

2 w. ago Tinubu Signs Executive Order To Cut Oil Project Costs, Boost Revenue

President Bola Tinubu has signed a new Executive Order aimed at reducing the cost of upstream oil and gas projects in Nigeria, a measure designed to attract fresh investment and improve government revenues. Titled the ‘Upstream Petroleum Operations Cost Efficiency Incentives Order, 2025,’ the directive introduces performance-based tax incentives for oil and gas companies that […]

Politics

3 w. ago Dangote pledges petrol price stability amid rising crude costs

By Uche Usim Amid rising global crude oil prices, the Dangote Petroleum Refinery has assured Nigerians of stable and reduced petrol prices, saying it remained committed to cushioning consumers from the vagaries of the international oil market. The company, in a release, signed its Group Chief Branding and Communications Officer, Anthony Chiejina, said the decision […] The post Dangote pledges petrol price stability amid rising crude costs appeared first on The Sun Nigeria.

Economics

3 w. ago Dangote Assures Of Stable Petrol Prices Despite Rising Oil Costs

Dangote Petroleum Refinery & Petrochemicals has assured Nigerians of continued price stability for Premium Motor Spirit (PMS), popularly known as petrol, despite global increases in crude oil prices. The company’s Group Chief Branding and Communications Officer, Anthony Chiejina, emphasised in a statement on Monday, that maintaining affordable fuel prices reflects Dangote’s commitment to supporting Nigeria’s […] The post Dangote Assures Of Stable Petrol Prices Despite Rising Oil Costs appeared first on Information Nigeria.

Economics