Dealers get one million litres each at N1,225/litre, price drops in Oyo, Lagos, Ogun The pump price of Automotive Gas Oil, popularly called diesel, has dropped from about N1,700/litre which

The federal government is planning to almost triple energy prices within weeks, people in the presidency with knowledge of the matter have said, in a bid to attract new investment

The naira has continued its recovery against the dollar at the official window to trade at ₦1278.58/$1 on the first official trading day in April 2024 data from the Nigerian

The federal government’s new gas pricing policy that allows producers to sell at a controlled price regardless of their cost of production and business assumptions has come under criticism. Nigeria has Africa’s

The Stanbic IBTC Bank Purchasing Manager Index (PMI) remained unchanged at 51.0 in March, the joint-lowest in four months as the impact of currency weakness on the Nigerian private sector

Afreximbank and the official financial institution for international development cooperation, Cassa Depositi e Prestiti S.p.A (CDP) Italy, have signed a Memorandum of Understanding (MoU) to commit a €100 million facility

In spite of dwindling power supply nationwide, Nigeria’s electricity Distribution Companies (Discos) raked in an additional N62.63 billion in revenues in the last quarter of 2023, compared to Q4, 2022.

The Chief Executive Officer (CEO) of Air Peace Airlines, Mr. Allen Onyema, yesterday, disclosed that the airline was planning to begin flights to New York and Houston by the end

The Embassy of Angola in Nigeria is opening a visa application centre in the oil-city of Port Harcourt to boost the relationship between the country and Nigeria in the hydrocarbons