Marketers are yet to access petrol lifted on Sunday by the Nigerian National Petroleum Company (NNPC) from Dangote Petroleum Refinery, BusinessDay has learnt. Oil marketers under the aegis of the Independent Petroleum Marketers Association of Nigeria (IPMAN), on Tuesday, said unresolved pricing issues are among the major reasons why its […]

Travel agents operating in Nigeria say Emirates’ ticket bookings have slowed on the back of the airline’s dollar charges and stringent visa rules by the United Arab Emirates (UAE). Emirates recently announced its resumption on October 1 after two years of suspending its services in Nigeria. All fare inventories on […]

As part of efforts to diversify the economy the federal government is set to launch a comprehensive strategy to position the country as a leading player in the Halal global market. Towards this, it will on Wednesday launch the project to tap into the burgeoning Halal market- products and services that meet […]

Fuel subsidy removal poses risk to external reserve growth – CBN The Central Bank of Nigeria, CBN, has said that fuel subsidy removal, lower import bills, and increased external debt servicing obligations could pose downside risks for the growth of external reserves by 2024/2025. CBN disclosed this in its Monetary, […]

The leadership of the National Association of Nigerian Students Joint Campus Council, Ondo, has raised concerns about the issues affecting students in Ondo State tertiary institutions. NANS has said that students are suffering due to recent hikes in food and fuel prices. The students have called on both the state […]

Nigeria’s inflation slowed for the second month to 32.15 percent  a sign that the surging inflation that has gripped the Nigerians economy is finally subsiding.   According to the National Bureau of Statistics (NBS), Consumer’s Price Index declined  to 32.15 percent in August 2024,  from 33.40  percent in July 2024. […]

Dangote Refinery has hit out at the Nigerian National Petroleum Company Limited (NNPCL) for claiming they bought fuel from them at N898 per litre. Our attention has been drawn to a statement attributed to NNPCL spokesperson, Mr Olufemi Soneye, that we sell our PMS at N898 per litre to the […]

PRESS RELEASE NNPC Ltd Releases Estimated Pump Prices of PMS from Dangote Refinery, Based on September 2024 Pricing The NNPC Ltd has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail stations across the country. The NNPC Ltd also […]

Petroleum products marketers have declared that there was never a boycott of Dangote Refinery’s Premium Motor Spirit, PMS, (petrol). However, Olufemi Adewole, Executive Secretary, Depot and Petroleum Products Marketers Association of Nigeria, DAPPMAN, told Vanguard, there was a need to get the modalities right. Adewole said: “The sector needs to operate transparently […]