The amount spent on the importation of refined petroleum products has dropped sharply by 54 per cent in two years, falling from $14.58bn in the first...
The price war in the petroleum sector has continued to deepen as some retail outlets have dropped the prices of Premium Motor Spirit (petrol) below the...
The Economic and Financial Crimes Commission (EFCC) has commenced an investigation into a petition filed against the former Managing Director of the Nigerian Midstream and Downstream...
Starting from *January 2026*, please ensure that *any money you send* to anyone — including me — comes with a *clear description* or *payment remark*. This...
The Federal Government has budgeted the sum of N1.7tn in the 2026 Appropriation Bill to settle outstanding debts owed to contractors for capital projects executed in...
The Central Bank of Nigeria has projected that the pump price of petrol would hover around N950 per litre in the year 2026. The CBN stated...
The fuel supply arrangement between the Dangote Petroleum Refinery and 20 major petroleum marketers, under which the parties agreed to offtake 600 million litres of petrol...
Donald Trump has said that Venezuela will only buy US-made products with revenue from its oil sales. On Wednesday, Jan. 7, Trump said Venezuela would only...
Oil prices fell on Wednesday amid expectations of a surge in supply after United States President Donald Trump said Venezuela would hand over up to 50...
The full implementation of Nigeria’s Tax Reform Acts ushers in a new era with serious implications for the private and public sectors. This analysis by OLUWAKEMI ABIMBOLA details...