Business

Naira Continues Depreciation In Parallel Market, No Longer N1,600 Per Dollar

Yesterday, the Naira depreciated to N1,610 per dollar in the parallel market, down from N1,600 per dollar on Monday. In the Nigerian Autonomous Foreign Exchange...

BREAKING: What NMDPRA Did To Edo Refinery Today 

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has granted an operational license to Edo Refinery and Petrochemical Company Limited, located in Ologbo,...

Documents Reveal Dangote’s Brother, Sayyu Dantata, Among Importers Of Petroleum Products From Malta

New details have emerged regarding the companies and individuals involved in the importation of substandard petroleum products from Malta, with Sayyu Dantata, the half-brother...

Naira Crashes Again, No Longer N1,590 Per Dollar In Parallel Market

Yesterday, the Naira depreciated in the parallel market, falling to N1,600 per dollar from N1,590 per dollar over the weekend. In contrast, the Naira appreciated...

Why We Sell Fuel Lower Price Than Landing Cost – NNPCL Speaks Amid Reports Of Paying Subsidy

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced that it has not disbursed any fuel subsidies in the past nine months. Umar Ajiya,...

BREAKING: IPMAN Gives Troubling Update Amid Fuel Scacity

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reported that its members are facing a shortage of Premium Motor Spirit (PMS), also known...
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