Port Harcourt Refinery shutdown: PETROAN makes fresh demands on NNPCL
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has asked Nigerian National Petroleum Company Limited (NNPCL) to adhere […]
African Business News
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2,000MW electricity generation capacity stranded due to N600bn debt – NDPHC
The management of Niger Delta Power Holding Company has lamented that its 2,000-megawatt electricity generation capacity is stranded due to
Elon Musk to Reduce Role in Trump Administration and Focus on Business Ventures
Elon Musk, the CEO of Tesla and SpaceX, has announced plans to reduce his role in President Donald Trump’s administration.
Contributory Pension Scheme: Judge warns Nigerian employers against non-remittance
Justice Olufunke Anuwe of the National Industrial Court has warned Nigerian employers over non-remittance or under-remittance of contributory pensions of
Naira appreciates massively against dollar on week-on-week basis
The Nigeria’s currency, the naira appreciated massively against the dollar at both official and parallel foreign exchange markets on a
Incompetence — PETROAN reveals reason NNPCL shut down Port Harcourt Refinery
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has said the real reason the Nigerian National Petroleum Company
EU Revokes Ukraine Trade Privileges Sparks Economic Concerns
The European Union’s decision to revoke trade privileges with Ukraine is set to have a devastating impact on the country’s
Fuel price drop: Marketers sell PMS at Dangote Refinery new rate
Nigerian petroleum marketers have implemented a fresh premium motor spirit (PMS) price reduction following Dangote Refinery’s announcement of a downward
Naira records significant appreciation against dollar across official, black markets
The naira appreciated significantly against the dollar at both the official and parallel foreign exchange markets to end the week
TCN announces power outage in Nasarawa, gives reason
The Transmission Company of Nigeria has announced that parts of Nasarawa State would experience a power outage on Saturday. TCN
Price of Nigerian petrol makes smuggling into neigboring countries attractive – NMDPRA
The relative cheapness of petrol in Nigeria makes it attractive for smugglers to divert the product from Nigerian destinations to
EU to Reimpose Tariffs on Ukrainian Agricultural Imports Amid Mounting Pressure from Eastern European Members
The European Union has decided to reinstate tariffs on agricultural imports from Ukraine, following intense pressure from Eastern European member