Dangote Fuel Price Cut Sparks Market Shake-up
Dangote Refinery's N59 price slash forces filling stations to reduce petrol rates. MRS, AP, Heyden stations adjust pumps as marketers halt imports. Discover how this affects Nigeria's energy sector.
Category : Search result: Strategic Petroleum Reserve
Dangote Refinery Price Cut Halts Petrol Imports
Dangote Refinery's latest ₦49 petrol price reduction forces marketers to suspend imports. Learn how this reshapes Nigeria's fuel market and potential impacts on supply.
Man: Don't Marry for Love If You're Poor
A Nigerian man's viral advice urges people from poor backgrounds to view marriage strategically, not just emotionally. His statement sparks major online debate.
Northern Leaders Applaud Tinubu's Oil and Gas Reforms
Stakeholders at North West civic conference commend President Tinubu for Petroleum Industry Act implementation, citing transparency and investment growth. Read more.
Asian markets gain as US shutdown deal reached
Asian stocks climbed for second day as US lawmakers reached deal to end record 41-day government shutdown. Market analysts warn of economic impact and Fed uncertainty. Read more for full analysis.
Nigeria's Oil Production to Jump 1M Barrels with EMEM FPSO
Nigeria's oil industry receives major momentum as the EMEM FPSO initiative promises to revolutionize production capacity, adding one million barrels per day to national output and strengthening economic growth.
Nigerian Tech Leader Honoured with Doctorate in Ghana
In a remarkable international recognition, the Director-General of Nigeria's Technology Development Agency has been awarded an honorary doctorate by Ghana's Chartered Institute of Project Managers for outstanding leadership in technology advancement.
Nigeria's Oil Reserves Risk Becoming Stranded Assets
Energy specialists warn Nigeria faces economic disaster as lack of local expertise and unstable policies threaten to leave billions in oil reserves untapped and worthless.
Matrix Energy Appoints Umunna as Group DMD
In a strategic move to accelerate growth, Matrix Energy Group has announced the appointment of Chukwunonso Umunna as Group Deputy Managing Director, bringing over 15 years of energy sector expertise to drive the company's expansion agenda across Nigeria a
Akpabio defends minister against Trump questions
Godswill Akpabio intervenes as Minister of State for Petroleum faces scrutiny over Donald Trump comments during Senate screening, calling the line of questioning unnecessary.
Petrol Price Drops at Nigerian Filling Stations
Nigerians celebrate as Dangote Refinery's market impact forces petrol prices down across filling stations. Get the latest on fuel cost reductions and economic implications.
Dangote Refinery Withdraws Lawsuit Against NMDPRA
In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors. Discover how this decision could reshape Nigeria's energy landscape and fuel pricing.
FG to Sell Nigeria's Dormant Refineries After Years of Losses
The Federal Government announces historic decision to sell Nigeria's dormant refineries, marking a major shift in the nation's energy sector after decades of operational failures and financial losses.
Asian Markets Rebound Strongly on US Jobs Data
Asian markets surged dramatically as robust US employment figures boosted investor confidence, triggering a powerful recovery across major indices from Tokyo to Sydney.
Court dismisses Dangote's ₦100bn suit against NNPC
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
FG Plans Refinery Sale to Boost Competition
The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.
China Deepens Strategic Cooperation with Nigeria on Media & Tech
China and Nigeria strengthen bilateral ties through enhanced cooperation in media development, technology transfer, and strategic communication partnerships.
Asian Markets Crash Amid Tech Bubble Fears
Asian markets experienced significant declines as growing concerns about a technology stock bubble and Federal Reserve policy shifts sparked investor panic across major exchanges.
BP Profit Surges to $2.7B as Oil Prices Soar
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
Asian Markets Volatile Amid Tech Rally, Fed Watch
Asian markets experienced significant volatility as technology shares surged while traders anxiously await the Federal Reserve's interest rate outlook. Discover how major indices performed and what's driving market sentiment.
Fed's Cook: Inflation to Stay Elevated in 2024
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
Fuel Price Surge: ₦200 Extra Per Litre in Nigeria
Nigerians are facing another petrol price hike as filling stations across the country implement additional charges of ₦200 per litre, worsening the ongoing fuel crisis and economic hardship.
NIPSS N1.1B Lawsuit: Court Hearing Begins
The National Institute for Policy and Strategic Studies confronts a massive N1.1 billion lawsuit as court proceedings begin. Get the latest updates on this high-stakes legal confrontation.
Fuel importers warn Tinubu over 15% tariff crisis
Nigerian fuel marketers demand President Tinubu address 15% NAC tax or face nationwide fuel price increases. Coalition warns of economic consequences.
Nigerian Navy redeploys 65 Rear Admirals to key commands
In a major strategic redeployment, the Nigerian Navy has reassigned 65 Rear Admirals to key commands nationwide, signaling enhanced operational readiness and administrative restructuring.
Dangote Refinery Hits 70M Litres, NNPC Cuts Petrol Prices
Nigeria's energy sector experiences major transformation as Dangote Refinery achieves massive production capacity while NNPC implements nationwide fuel price reductions, bringing relief to millions of Nigerians.
Imported Petrol Cheaper Than Dangote Refinery in Nigeria
Nigerian fuel market experiences dramatic shift as imported petroleum products undercut Dangote Refinery prices following President Tinubu's tariff reforms. Discover how this price war is reshaping Nigeria's energy landscape.
NAPS Supports Dangote Refinery: Energy Revolution
The National Association of Polytechnic Students declares full support for Dangote Petroleum Refinery, urging Nigerians to embrace this monumental achievement in energy independence.
Asian Markets Rally on Trader Optimism Surge
Major Asian stock markets surged as investor optimism grew over economic recovery prospects. Discover which markets led the gains and what's driving this positive momentum across the region.
CSOs Praise FG's 15% Fuel Import Levy
Nigerian civil society organizations are applauding the Federal Government's strategic 15% tariff on imported refined petroleum products, hailing it as a game-changer for local refining capacity and economic growth.
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