Dangote Refinery has increased its petrol ex-depot price by N100, attributing the hike to rising global crude oil costs and geopolitical tensions. The adjustment pushes gantry prices to N874 per litre, affecting pump prices nationwide.
Private fuel depots in Lagos have increased petrol prices to N1,000 per litre, driven by global crude oil reaching $90 per barrel and Dangote Refinery's temporary loading suspension, raising concerns about nationwide price hikes.
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Learn everything about personal income tax declaration in Nigeria, including who must file, the March 31 deadline, required documents, and how the progressive tax system works for employees, freelancers, and business owners.
The Dangote Petroleum Refinery has suspended petrol loading operations, triggering speculation about another potential price increase in Nigeria's downstream petroleum market.
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Vitel Wireless has officially entered Nigeria's telecom market, offering free e-SIMs with data purchases to enhance digital connectivity nationwide. The company aims to promote inclusion through accessible services and a new mobile app.
Nigerian households face soaring cooking gas prices, with retail rates reaching N1,300/kg due to rising global LPG costs and Middle East geopolitical tensions impacting energy markets.
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Nigeria's electricity generation has fallen to 3,940.53 megawatts due to gas shortages, threatening worse blackouts nationwide. Learn essential preparation strategies for households and businesses facing extended power outages.
Nigeria's naira weakened by N25 in the parallel market, trading between N1,410 and N1,420 per dollar, widening the gap with official rates. The Central Bank intervened to stabilize the currency amid rising demand.
Niger's military government has revoked concessions for three gold mining companies and rejected a licence extension for British oil firm Savannah Energy, citing contractual failures.
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The Nigerian Electricity Regulatory Commission has issued new guidelines enabling distribution companies to collaborate with law enforcement agencies to combat unauthorized access to electricity infrastructure.
Nigeria's electricity generation has fallen to 3,940.53MW as gas supply shortages cripple thermal power plants. The national grid faces severe constraints with plants receiving only 40% of required gas volume.
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Plantain chips, a popular snack across West Africa, may pose serious health risks due to unsafe frying practices involving reused oil and high temperatures that produce harmful chemicals.
Fresh data reveals imported petrol costs N809.37 per litre, N64 less than Dangote refinery's N874 price, triggering controversy between importers and refinery officials amid global crude oil surge.
Following the CBN's decision to lower the interest rate to 26.50%, major Nigerian banks like Zenith, Access, and UBA have published updated prime and maximum lending rates, enhancing transparency for borrowers.
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Nigerians face a 40% surge in cooking gas prices, with 1kg now costing N1,400 due to Middle East tensions disrupting global supply chains and crude oil markets.
The Federal Government of Nigeria has announced a new export policy effective 2026, prohibiting eight items ranging from agricultural produce to cultural artifacts to protect local industries and preserve heritage.
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Nigeria's electricity generation has dropped below 4,000MW due to severe gas supply shortages affecting thermal power plants, raising concerns about worsening nationwide power outages and grid instability.
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Amstel Malta has announced Nigerian football icon Asisat Oshoala as its new brand ambassador, aligning with its 'Be Your Best' campaign during International Women's Month.
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President Bola Tinubu has approved the demolition and reconstruction of the historic Carter Bridge in Lagos, with the project estimated to cost nearly ₦400 billion.
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The Nigerian stock market rebounded on Thursday with a N221 billion gain in market capitalization. The All-Share Index rose 0.18% to 196,807.15 points, while Eterna Oil & Gas led gainers and Lotus Halogen topped decliners.
Lafarge Africa Plc recognized outstanding customers and transporters at its 2025 awards in Lagos, awarding vehicles and prizes to top performers like Ubotex Nigeria Limited.
Taiwo Oyedele reports 12 states have enacted tax harmonisation laws, with 13 more reviewing bills to eliminate nuisance taxes and modernise Nigeria's fiscal system under President Tinubu's reforms.
Dangote Refinery's suspension of diesel loading has triggered a 12% price hike to N1,200 per litre in Lagos depots, with concerns mounting over broader market impacts and consumer costs.
Petrol prices have sharply increased in Nigerian cities like Awka and Uyo, reaching up to N1,000 per litre, following a N110 hike by Dangote Refinery and NNPC adjustments.
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A Nigerian woman's eight-year savings journey on Piggyvest culminated in a surprise offer from the platform to cover her annual rent after she reached N1 million in savings, sparking widespread online celebration.
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The Director General of NAFDAC, Prof. Mojisola Adeyeye, has controversially stated that alcohol consumption is responsible for banditry, kidnapping, and unwanted pregnancy in Nigeria, sparking widespread criticism online.
Nigeria's new VAT sharing formula boosts state revenues to 55%, with Lagos leading beneficiaries at N101.34 billion. Federal share declines as total collections rise to N1.08 trillion in January 2026.
The Federal Government has set March 9, 2026, for the start of Batch B recruitment for the Youth Economic Intervention and De-Radicalisation Programme, offering up to N500,000 in business funding to eligible Nigerians aged 18 to 50.
Discover the 10 highest paying federal government jobs in Nigeria for 2026, including salaries for positions in banking, oil, energy, and taxation sectors. Learn about lucrative career opportunities in agencies like CBN, NNPC, and FIRS.
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As petrol and cooking gas prices soar across Nigeria due to global energy pressures, households face rising costs that could disrupt Eid festivities and strain festive planning.
