Pascal Oparada
5396 articles published since 29 Nov 2021
5396 articles published since 29 Nov 2021
The Nigerian petroleum industry received a boost recently when four major importers flooded the market with imported petrol and diesel to break Dangote's dominance.
Petroleum product importers have released new prices for cooking gas after Dangote Refinery slashed its rates following days of scarcity and hikes.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) read the riot act to oil-producing companies bypassing local refineries for exports.
Depot owners have dropped petrol prices at key locations as the Nigerian National Petroleum Company Limited (NNPC) hiked its retail price to N905 per litre.
Eko Electricity Distribution Company (EKDC) has clarified reports saying it was sold and taken over by another firm, saying it only created a new distribution firm.
Another international airport has commenced operation in Ogun State. The Gateway Agro-Cargo airport was inaugurated recently, with ValueJet commencing flights.
The Nigerian currency, the naira, has dipped in value after weeks of appreciation in the foreign exchange market. The naira's fall came amid CBN's intervention
Lagos State has retained its position as the Nigerian state with the highest internally generated revenue for 2024, followed by Rivers, and the FCT.
The Central Bank of Nigeria (CBN) has cracked down on defaulting PoS operators, setting tougher rules, including a stricter onboarding process and an age limit.
Pascal Oparada
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