07 May Uncategorised Operators adjust pump prices as market responds to low crude regime 7 May 2025 By DAVID 0 comments Downstream sector operators have adjusted the prices of Premium Motor Spirit (PMS), also known as petrol, and other petroleum products ...Continue reading
07 May Uncategorised Banks’ borrowings from CBN drop 97% to N380 bn 7 May 2025 By DAVID 0 comments Banks’ borrowings from the Central Bank of Nigeria, CBN, Standing Lending Facility, SLF, fell by 97.6 percent month-on-month, MoM...Continue reading
01 May Uncategorised Oyetola distributes life jackets to boost waterway safety 1 May 2025 By DAVID 0 comments The Minister of Marine and Blue Economy, Adegboyega Oyetola, has flagged off the distribution of 42,000 life jackets to waterway users ...Continue reading
01 May Consumer News, Uncategorised Dangote Group is set to convert an additional 6,000 diesel-powered trucks to start running on Compressed Natural Gas. This will add to the existing 4,000 trucks initially converted to CNG by the Dangote Group. The Presidential Compressed Natural Gas Initiative Programme Coordinator, Michael Oluwagbemi, disclosed this in a recent video on the PCNGI’s X handle. According to him, corporate companies like Dangote and BUA have keyed into the CNG initiative, converting their trucks from diesel to gas in order to save costs. 1 May 2025 By DAVID 0 comments “Dangote just signed up to have more than 6,000 of their trucks converted in addition to the existing 4,000. BUA is doing the same thin...Continue reading
17 Apr Uncategorised EFCC, SEC move to dismantle Ponzi schemes 17 April 2025 By DAVID 0 comments The Economic and Financial Crimes Commission and the Securities and Exchange Commission have vowed to hunt down operators of Ponzi sche...Continue reading
17 Apr Uncategorised N800/litre petrol in sight as oil prices tumble 17 April 2025 By DAVID 0 comments The drop in crude oil prices and the resumption of the naira-for-crude arrangement for local refiners may push the pump price of Premiu...Continue reading
15 Apr Uncategorised Nigeria’s external debt servicing may hit $5.2bn – Fitch 15 April 2025 By DAVID 0 comments Nigeria’s external debt service is projected to rise to $5.2bn this year, highlighting growing pressure on public finances despite ongo...Continue reading
14 Apr Uncategorised Lagos-Calabar Highway rerouted to save cables, 7,500 houses – Umahi 14 April 2025 By DAVID 0 comments The Minister of Works, David Umahi, has disclosed that the rerouting of the alignment of the Lagos-Calabar Coastal Highway was done to ...Continue reading
14 Apr Uncategorised Again, crude output drops amid global price crash 14 April 2025 By DAVID 0 comments As the world battles a global crude price crash, Nigeria’s average daily crude output has fallen again in March, threatening the nation...Continue reading
14 Apr Uncategorised Keyamo announces Nigeria-Tanzania direct flight 14 April 2025 By DAVID 0 comments Nigeria and Tanzania are set to strengthen bilateral ties with the planned launch of direct flights between the two countries. Niger...Continue reading