Nigeria's Money Supply Reaches N119 Trillion
Nigeria's broad money supply increased to N119.04 trillion in October 2025, driven by rising domestic assets despite falling foreign reserves. Learn what this means for the economy.
Category : Search result: diesel supply Nigeria
Anambra Issues FirstPower 1-Year Electricity License
Anambra State grants FirstPower Electricity Company a one-year interim distribution license under new state regulatory framework. Historic move aims to boost power supply across the state.
Dangote Refinery Denies Exporting Off-Spec Diesel
Dangote Refinery refutes claims of exporting substandard diesel to Europe as market sources cite quality issues. Learn about the specifications debate and regional market shifts.
Dangote Refutes Off-Spec Diesel Claims Amid Quality Concerns
Dangote Refinery rejects claims of supplying substandard diesel to Europe while maintaining West Africa as primary market. Company plans Euro VI standards by 2028.
Nigerian-Led Aegis AI Wins Global Supply Chain Award
Dr. Joshua Denila's Aegis AI wins IoT in Supply Chain Award at 2025 ITC Go Global Awards for transforming global trade with AI and IoT technology. Discover how this innovation boosts supply chain security.
China's Rare Earth Control Shapes US Trade Relations
China's decades-long strategy to dominate rare earth minerals gives Beijing crucial leverage in ongoing trade negotiations with the United States. Discover how this impacts global technology and defense sectors.
Nigeria's Money Supply Jumps to N117.8 Trillion
Nigeria's money supply surged by 75.9% to N117.78 trillion in two years, CBN data reveals. Experts warn this could trigger inflation if it outpaces economic productivity.
Rice Prices Drop 40% in Nigerian Markets
Nigerian consumers rejoice as rice prices plummet from N95,000 to N55,000 per bag due to increased local production and imports. Traders face losses while experts warn the relief may be temporary.
Cargo Disruptions Feared as Imports Surge in Ember Months
Nigerian customs agents report system slowdowns during peak import season, threatening supply chains. The NCS attributes issues to user-specific problems, urging traders to use help desks.
China pledges reliable rare earth supply to Germany
Germany's Finance Minister Lars Klingbeil obtained China's commitment for reliable rare earth supplies during his Beijing visit. This breakthrough addresses critical supply chain concerns for German manufacturers.
Vin Diesel Cleared of S£xual Battery Allegations
Vin Diesel has been cleared of s£xual battery claims by a former assistant. The Los Angeles court dismissed the case due to a jurisdictional technicality. Read the full details here.
IPMAN Warns of Fuel Crisis Over NMDPRA Debt Delays
IPMAN alerts Nigeria of potential fuel disruption as NMDPRA delays debt payments for over 3 years. Association seeks FG intervention while praising NNPC settlement.
China, Netherlands Resolve Nexperia Chip Dispute
The Netherlands suspends takeover of Chinese-owned Nexperia in goodwill gesture. China welcomes move as first step to resolve semiconductor supply chain tensions. Read latest developments.
Nigeria Must Modernize Maritime Transport Laws
Maritime stakeholders call for urgent modernization of Nigeria's transport laws to compete globally. Experts warn outdated regulations threaten blue economy ambitions.
Petrol Price Cut: NNPC Sells at N910 in Lagos
NNPC has reduced petrol prices across Nigeria, offering relief to motorists. Dangote Refinery clarifies the reason behind the price adjustment. Read for full details and state-by-state breakdown.
Local Refiners Demand Crude Price Regulation in Nigeria
Nigerian petroleum refiners urge government intervention on crude oil pricing and supply challenges. CORAN seeks regulatory protection to compete against importers.
NUEE Threatens National Blackout Over Staff Attack
Nigerian electricity workers threaten nationwide shutdown after police brutality in Imo State. Union demands immediate release of abducted staff and safety guarantees.
Two Arrested for Diesel Theft at Bauchi Telecom Mast
NSCDC arrests two men for stealing 600 litres of diesel from MTN mast in Bauchi. Suspects confessed to year-long theft operation. Read full details.
Lontor Launches New Solar Systems for Nigerian Market
Lontor High-tech has launched new solar energy storage systems and home appliances to tackle Nigeria's power challenges. Discover how these innovations aim to empower millions.
FG Plans 7000MW Power Boost to National Grid
Federal Government begins Siemens power project to add 7000MW to Nigeria's electricity grid, promising improved power supply nationwide while tackling estimated billing.
FG Suspends 15% Import Duty on Petrol and Diesel
NMDPRA guarantees sufficient petroleum products during festive season, advises against panic buying as depots announce new prices. Stay informed on Nigeria's energy security.
Serbia's Winter Energy Crisis Deepens Amid Sanctions
Serbia faces severe winter energy crisis as US sanctions on Russian-owned NIS refinery threaten fuel supplies. With reserves depleting by November 25, Belgrade's diplomatic balancing act hits critical point. Read full analysis.
Private Depots Slash Fuel Prices Below Dangote Rates
Nigerian private depot owners engage in price war with Dangote Refinery, reducing diesel to N940/litre and petrol prices across major depots. Market competition intensifies.
IEA: Global Oil Supply Outstrips Demand in 2026
The International Energy Agency reports a growing oil supply surplus, forecasting a 4 million bpd oversupply by 2026. Discover the market implications for Nigeria.
FG Suspends 15% Fuel Import Duty, Price Crash Looms
The Nigerian government has suspended the controversial 15% import duty on petrol and diesel. Experts predict this decision will lead to a significant drop in fuel prices across Nigeria. Read more for full analysis.
Nigeria suspends 15% import tax on fuel
Federal government suspends 15% import duty on petrol and diesel through NMDPRA. Move aims to prevent price hikes and ensure adequate supply during peak demand period.
G7 Talks: Ukraine Aid & Critical Minerals on Agenda
G7 foreign ministers meet in Canada to address funding for Ukraine's war effort and counter China's dominance in critical mineral supply chains. Key global partners join the talks.
Jetour T2 Hybrid Electric SUV Debuts in Nigeria
Discover the revolutionary Jetour T2 hybrid electric vehicle that's set to transform Nigeria's automotive landscape with cutting-edge technology and rugged capability.
Northern Industries Back 15% Power Tariff Hike
Major northern industrial associations endorse new electricity tariff, citing long-term economic benefits despite initial cost concerns for manufacturers and households.
Jubaili Bros & Perkins Unveil Nigeria Energy Solutions
Leading power generation companies Jubaili Bros and Perkins Engines have launched innovative power solutions while mapping Nigeria's energy transition pathway towards sustainable development.
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