"Fuel Prices Drop as Global Oil Markets Take a Dive"
Global crude oil prices declined on Wednesday, with both the Brent and West Texas Intermediate, WTI, benchmarks recording losses of nearly one percent. Checks b...
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UBA Business Series Features M.I Abaga and Chowdeck CEO Egunjobi Discussing Innovation in African Startups
Africa’s Global Bank, United Bank for Africa (UBA) Plc is set to host the latest edition of its quarterly UBA Business Series, turning the spotlight on how busi...
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Latest Update on Fuel Prices at Dangote Refinery in Nigeria
The retail pump price of premium motor spirit has remained unchanged in parts of Nigeria after the Dangote Refinery resumed refined petroleum products dollar sa...
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Dangote Refinery Sparks Price Hike: Depot Owners Raise Petrol Rates Following Crude Cost Surge
Depot owners have raised their premium motor spirit ex-depot prices following rising crude oil prices and the Dangote Refinery’s resumption of refined product s...
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Economists Sound Off as Nigeria Takes a N34 Trillion Hit from Import Duty Waivers
Economists and financial analysts are alarmed following the revelation that Nigeria lost N34 trillion, which represents 61 percent of the 2025 budget, to import...
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Today's Dollar to Naira Exchange Rate: Nigerian Currency Continues to Decline (July 13, 2026)
The Naira depreciated against the dollar at the official foreign exchange market on Monday. The Central Bank of Nigeria’s data showed that the Naira weakened ma...
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Nigeria Exceeds OPEC Quota by 104% as Crude Production Reaches Highest Level in 74 Months
Nigeria’s crude oil and condensate production soared to an average of 1,735,398 barrels per day in the month of June 2026, representing positive growth for a 4t...
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Depot Owners Cut Fuel Prices to Match Dangote Refinery Rates
Several petroleum products depot owners have reduced their petrol ex-depot prices to N1,075 per litre, the same rate as Dangote Refinery. Check by DAILY POST sh...
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"Global Crude Oil Prices Plummet Amid Iran-US Tensions"
Global crude oil prices dropped despite the airstrikes’ resurgence between the United States and Iran. Checks by DAILY POST showed that Brent and West Texas Int...
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Today's Dollar to Naira Exchange Rate: Nigerian Currency Strengthens on July 9, 2026
The Naira appreciated against the dollar at the official foreign exchange market on Thursday.The Central Bank of Nigeria’s data showed that the Naira slightly s...
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BREAKING: Nigerian Filling Stations Close Amid Speculation of Rising Fuel Prices
Some Nigerian filling stations have shut down over premium motor spirit price speculation hikes. Checks by DAILY POST correspondent on Thursday morning showed T...
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Nigeria Burned $1.5 Billion Worth of Gas in 2024, Says German Ambassador
German Ambassador to Nigeria, Annett Günther, has disclosed that Nigeria lost an estimated $1.5 billion to gas flaring in 2024 after burning 5.3 billion cubic m...
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