MRS just sent a mail….see below PMS pump price is now 939.5 per litre in all their Lagos stations.
Business
Dangote Refinery Extends Export To Three African Countries
The Dangote refinery has exported Premium Motor Spirit (petrol) to Cameroon, Angola, Ghana, and South Africa in the past few weeks. The Vice President of Oil and Gas, Dangote Industries Limited, Devakumar Edwin, disclosed this while playing host to a delegation from the Japanese Business Community in Nigeria, led by Japan’s Ambassador-designate […]
Naira-For-Crude: IPMAN Eyes Petrol Price Reduction
Over 23m barrels of crude traded as civil societies knock cabal Damilola Aina, Ismaeel Uthman and Babatunde Titilola : The Independent Petroleum Marketers Association of Nigeria has sought a reduction in the price of petrol across the country. The group urged the Dangote refinery to consider reducing its ex-depot price […]
Nigeria Cocoa Exports Jumps By 300% From ₦161.8 Billion To ₦644 Billion
The Nigerian cocoa industry has experienced a recent surge in demand and profitability, with data indicating that the country’s annual cocoa volume of 250,000 tonnes is now valued at over $6 billion. Adding to the cocoa industry’s sweet success, Nigerian cocoa farmers and exporters had a bountiful first half of 2024, […]
FG Inaugurates Technical Committee For The Establishment Of Youth Bank –
Minister for Youth Development, Comrade Ayodele Olawande, today, inaugurated a Technical Committee for the establishment of Youth Bank. The Committee comprised representatives from the Bank of Industry, Central Bank of Nigeria, the Federal Ministry of Finance, Nigeria Sovereign Investment Authority, as well as nominated officials of the Ministry of Youth […]
FG Opens Probe Into Allegations Against Gtbank, MTN And Air Peace
The Federal Competition and Consumer Protection Commission (FCCPC) has announced a comprehensive inquiry into consumer complaints targeting key players in the banking, telecommunications, and aviation sectors. The inquiry, scheduled to commence on December 3, 2024, will focus on addressing allegations of poor service delivery, exploitative practices, and potential violations of […]
Holcim To Sell Lafarge Africa Stake To Huaxin Cement In $1 Billion Deal
Holcim to sell Lafarge Africa stake to Huaxin Cement in $1 billion deal Swiss cement maker Holcim (HOLN.S), opens new tab will exit its Nigerian business through the sale of its almost 84% stake in Lafarge Africa (WAPCO.LG), opens new tab to China’s Huaxin Cement (600801.SS), opens new tab in […]
My Economic Policies Yielding Results — Tinubu
President Bola Tinubu has disclosed that the economic policies that he initiated upon his assumption of office are now yielding the desired results. Tinubu, who acknowledged that the policies were harsh on the people, stated that the move became imperative in order to salvage the country from the crises facing it. Speaking […]
Apapa Customs Command Generates ₦2.1 Trillion In 2024, Wins Award
The Apapa Command of the Nigeria Customs Service (NCS) has achieved a record-breaking revenue collection of approximately ₦2.1 trillion for the year 2024, marking a significant milestone in trade facilitation and national economic contributions. This achievement was celebrated in Abuja, where Comptroller-General of Customs (CGC) Wale Adeniyi commended the reforms […]
Port Harcourt Refinery Admits Scaling Down Operations For Upgrade
The Port Harcourt Refining Company has clarified that its operations were not completely halted but scaled down to facilitate improvements at the facility. The Executive Director, Operations, Nigerian Pipeline and Storage Company Limited, Moyi Maidunama, disclosed this on Sunday during a guided tour of the refinery led by the Managing […]