NUPRC: “Nigeria’s gas reserves at 210.5 trillion cubic feet, to last 93 years”
Nigeria’s crude oil and gas reserves have reached record levels, totaling 37.24 billion barrels of crude oil and 210.5 trillion cubic feet (TCF) of...
Dangote Refinery dismisses mass sack claims
The Dangote Petroleum Refinery has clarified that more than 3,000 Nigerians remain employed at its $20bn complex, despite an ongoing restructuring of its workforce.
In...
Sokoto market records rice price drop from ₦4,000 to ₦3,200
Residents of Sokoto State are witnessing a welcome decline in the price of rice as a standard measure (mudu) drops from ₦4,000 to ₦3,200...
Dangote Sugar Refinery Gets New Chairman as Aliko Dangote Retires
Aliko Dangote has brought an end to his 20-year leadership of Dangote Sugar Refinery Plc, retiring as Chairman of the Board effective June 16,...
Dangote vows uninterrupted fuel distribution ahead of Christmas
President of the Dangote Group, Alhaji Aliko Dangote, on Friday stated that the period of fuel scarcity in Nigeria “is gone forever,” giving renewed...
Dangote Refinery Cuts Petrol Price Again to ₦835/Litre
Dangote Refinery has reduced its petrol price for the third time in under six weeks, cutting its ex-depot rate to ₦835 per litre from...
Dangote refinery lowers petrol benchmark to N699 per litre
The Dangote Petroleum Refinery has once more lowered its petrol gantry price, reducing the depot rate from N828 to N699 per litre.
Real-time figures on...
CBN Slashes Key Interest Rate to 27% to Ease Economic Pressure
The Central Bank of Nigeria (CBN) has announced a cut in its benchmark interest rate, the Monetary Policy Rate (MPR), lowering it from 27.5...
CBEX Collapse: EFCC, Interpol Launch Investigation into Alleged N1.3 Trillion Crypto Fraud
The Economic and Financial Crimes Commission has launched a comprehensive investigation into the alleged N1.3 trillion cryptocurrency fraud linked to CryptoBank Exchange, a now-defunct...
FIRS, EFCC strengthen collaboration to boost tax compliance
The Federal Inland Revenue Service (FIRS) has deepened its partnership with the Economic and Financial Crimes Commission (EFCC) to strengthen Nigeria’s tax system and...