DAPPMAN has accused Dangote Refinery of disruptive fuel pricing amd also alleged its product sells at cheaper rate abroad than locally which has been denied.
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Food prices: Rice, beans, garri crash in markets as Tinubu gives order to FEC
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FG suspends 4% FOB Customs charge after backlash, import costs to Drop
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
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Finally, Dangote free fuel distribution begins, new petrol prices emerge
Economy Latest News
Swiss cut rates again over global economic 'uncertainty'
Switzerland's central bank cut its key interest rate on Thursday, citing the "high uncertainty" in the global economy triggered by US President Donald Trump's tariff wars. However, "This scenario for the global economy is currently subject to high uncertainty.
US existing home sales beat expectations in February
Sales of previously owned homes in the United States topped analysts' expectations in February, as increasing inventory allowed more buyers to enter the property market, according to industry data released Thursday. "Home buyers are slowly entering the market," said NAR chief economist Lawrence Yun.
65% of Nigerians want CBN to reduce interest rates amid high inflation, food prices
The CBN Monetary Policy Rates, also known as interest rates, have generated a lot of discussions since 2024 especially due to the repeated decisions to increase them
NBA's Celtics sold for record $6.1 bn: Boston Globe
The NBA's Boston Celtics are being sold to the head of a California private equity firm for $6.1 billion, a record price for a US sports franchise, The Boston Globe reported Thursday. It said the $6.1 billion purchase price is the highest ever paid for a North American sports team, surpassing the $6.05 billion paid for the NFL's Washington Commanders.
EU says delaying tariffs on US goods two weeks to mid-April
The EU said Thursday its tariffs targeting American goods in retaliation for US levies on steel and aluminium would start in mid-April, two weeks later than planned, to give more time for dialogue.
BoE warns on 'economic uncertainty' as rate held
The Bank of England kept its key interest rate at 4.5 percent Thursday, as it warned of "a lot of economic uncertainty" caused largely by US President Donald Trump's tariffs. "There's a lot of economic uncertainty at the moment," Bank of England governor Andrew Bailey said in a statement.
Battle for Khartoum wrecks key Sudan oil refinery
The once-pristine white oil tanks of Sudan's largest refinery have been blackened by nearly two years of devastating war, leaving the country heavily dependent on fuel imports it can ill afford. As the refinery grew nearer, the blackened skeletons of storage tanks loomed in the distance and the acrid smell of burnt oil grew stronger.
MTN, Airtel set to return to profitability in 2025 after N1.1 trillion FX losses
Despite recording major FX losses, the major telecom operators will still be able to declare profits by the end of 2025. Analysts have listed factors that will help.
MTN, Airtel, others dominate as active internet data subscribers reach 142 million
The GSMA technology is at the forefront accounting for more than 99% while CDMA has zero subscribers, a far deviation from the time CDMA dominated.
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