Retail petrol prices surged significantly as MRS Oil Nigeria Plc and NNPC Limited increased pump prices by N100 per litre, following Dangote Refinery's adjustment. This move reflects global crude oil price fluctuations and higher replacement costs.
Dangote Industries cautions the public against rising impersonation scams on social media, urging vigilance and reporting of suspicious activities to authorities.
Dangote Petroleum Refinery and depot operators have suspended petrol loading due to rising global crude oil prices, leading to new pricing structures and diesel price hikes in Lagos. Experts warn of potential higher pump prices as geopolitical tensions dr
Dangote Petroleum Refinery has increased its gantry price for petrol to N874 per litre, potentially driving retail pump prices nationwide to between N980 and over N1,000 per litre amid global crude oil volatility.
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A young woman in Onitsha is devastated after her newly opened shop at Main Market was demolished overnight, allegedly by officials linked to Governor Soludo, destroying all her goods.
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Nigeria's Dangote Petroleum Refinery has raised its Premium Motor Spirit ex-depot price from N774 to N874 per litre, citing rising global crude oil costs and replacement expenses. The adjustment may trigger nationwide fuel price increases.
Military attacks on Middle Eastern energy facilities have triggered a sharp rise in global oil and gas prices, with Brent crude climbing 10% and natural gas surging nearly 50%. The crisis is impacting European markets and Nigerian fuel prices.
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Dangote Petroleum Refinery increases petrol ex-depot price to N875 per litre, up from N774, due to global crude oil volatility. Marketers adjust pumps as prices rise.
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The Strait of Hormuz carries 20% of global oil and gas shipments, making it a crucial maritime route. Recent attacks on tankers have disrupted traffic, highlighting its geopolitical importance.
Saudi Arabia has suspended some operations at its massive Ras Tanura refinery following a drone attack that caused a fire. The incident highlights escalating tensions in the Gulf region.
Oyindamola Tinuke, a University of Ibadan graduate, celebrates earning First Class Honours in Agricultural Science with joyful photos and social media praise, highlighting academic excellence.
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Branch NG, a leading digital financial services firm in Nigeria, has been honored as the Financial Service Company of the Year at the 2026 National Brand Excellence and Leadership Awards in Lagos.
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Plus Incubation Hub launches the Plus Factor Grant Program, offering non-dilutive funding up to N1 million for Nigerian entrepreneurs. Applications open until March 15, 2026.
FAAN's cashless toll payment system enforcement triggered severe traffic congestion at Lagos and Abuja airports, causing flight delays and passenger frustration as authorities scramble solutions.
The Katsina State Government has launched a free business registration portal to help entrepreneurs formalize their operations, boost credibility, and access funding opportunities.
Dangote Cement reports a record-breaking N1 trillion profit for 2025, driven by strategic price increases, cost control, and an 18.6% surge in export volumes across Africa.
The Nigerian National Petroleum Company has lowered petrol prices in Lagos to N837 per litre, while NIPCO Gas announces expansion of 20 CNG stations nationwide at N380 per cubic metre.
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Nigeria's Bonny Light crude oil price surged to $80 per barrel, its highest since July 2025, following US-Israel strikes on Iran. Global benchmarks rose sharply, potentially boosting Nigeria's revenues but risking higher domestic fuel prices.
South African authorities rescued 12 crew members from a Nigerian tug boat that sank in rough seas, with one fatality confirmed and five still missing. Search efforts continue.
The Transmission Company of Nigeria has scheduled a temporary power outage on the Benin-Ajaokuta 330kV transmission line for maintenance from February 27 to March 31, 2026, affecting several areas in Benin.
An Indian commentator warns that Iran's recent attacks on Saudi Arabia's oil infrastructure could lead to skyrocketing oil prices, impacting the global economy amid ongoing US-Iran tensions.
Sokoto State Government is set to launch Caliphate Air, a state-backed airline, in the second half of 2026. The carrier will operate passenger and cargo flights from Abuja, with plans to use Embraer regional jets.
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Ogun State has launched a massive cotton garment factory projected to create 250,000 jobs, with Governor Dapo Abiodun envisioning it as a world-class textiles hub integrated with the Gateway Agro-Cargo Airport for enhanced supply chains.
Energy analysts caution that petrol and diesel prices in Nigeria could increase if global crude oil surpasses $90 per barrel, driven by escalating tensions between the US and Iran in the Middle East.
The Nigeria Civil Aviation Authority has directed Air Peace, Max Air, United Nigeria Airlines, and others to refund passengers wrongly charged VAT on tickets purchased before January 1, 2026, following regulatory intervention.
The Nigerian Exchange Limited closed the final week of February 2026 on a bearish note, with market capitalisation shedding N1.4 trillion. Financial Services stocks led trading activity, while key equities like Zenith Bank and Japaul Gold saw significant
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Senator Natasha Akpoti-Uduaghan has officially presented electric vehicles to trained beneficiaries in Kogi Central, promoting clean energy and economic opportunities through a comprehensive empowerment initiative.
