
Funmilayo Aremu
1077 articles published since 18 Jun 2025
1077 articles published since 18 Jun 2025
Filling station owners including the Nigerian National Petroleum Company adjusted their petrol prices across the country amid global crude oil cost increase.
Aliko Dangote's decision to resign as chairman of his sugar and cement companies to focus on his refinery sparked reactions from Nigerians and stakeholders.
Nigerian entrepreneur Tony Elumelu frowned at Nigeria’s persistent electricity challenges, revealing that less than 7,000MW of power is shared by over 200 million.
The Nigerian National Petroleum Company Limited (NNPCL) announced plans to reduce the cost of converting vehicles to compressed natural gas (CNG).
Marketers and consumers kicked against the proposed five per cent petroleum tax due to commence in January 2026, saying it will increase hardship.
The Mega Dangote Refinery denied plans to shut down the 650,000 bpd-capacity refinery for maintenance in December, labelling the report as illogical.
Petrol and diesel prices surged across major depots in Lagos, Warri, and Port Harcourt as global crude oil rates spike. Pump prices are expected to change.
The Nigerian government is set to earn about 794 billion per annum from the proposed five per cent levy on petroleum products, including fuel and diesel.
The Nigerian Electricity Regulatory Commission (NERC) has warned that state regulators wishing to cut electricity tariffs must pay subsidies to augment revenue.
Funmilayo Aremu
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