Global Oil Price Plunge Reignites Demand for Cheaper Petrol at Dangote Refinery
The recent drop in global crude oil prices on Tuesday has triggered fresh calls for the Dangote Refinery to reduce its petrol price, currently pegged at N1,245...
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Naira Makes Gains: First Appreciation Against the US Dollar!
The Naira appreciated on Tuesday against United States dollar at the official foreign exchange market for the first time in two working days. The Central Bank o...
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Oil Prices Tumble Following Trump's Recent Actions
Oil prices fell by over 5% following reports that US President Donald Trump has sent a peace proposal to Iran. Brent crude oil, which serves as the global marke...
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CPPE Urges FG to Dismiss New Tax on Sugary Drinks
The Centre for the Promotion of Private Enterprises, CPPE, has urged the Nigerian government to reject the proposal to impose an additional tax on sugar-sweeten...
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Dangote Sounds Alarm: Africa's Dependence on Imported Fuel Could Come at a Cost
Africa’s richest man, Aliko Dangote, has warned that the continent risks severe economic consequences if it fails to reduce its dependence on imported fuel amid...
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Naira Takes a Significant Hit Against the Dollar Following Eid-ul-Fitr Break
The Naira depreciated massively against the dollar at the official foreign exchange market on Monday upon resumption of trading after Eid-ul-Fitr break. Central...
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Tony Elumelu Celebrates Birthday by Pledging to Empower 3,200 African Entrepreneurs Across 54 Nations
In a move to reaffirm his commitment to empowering African entrepreneurs, Chairman of Heirs Holdings, UBA Group and Founder of the Tony Elumelu Foundation (TEF)...
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"Economist Akpan Ekpo Explains Why the UK-Nigeria Port Deal Falls Short"
An economist, Prof Akpan Ekpo, has said that the Nigeria-United Kingdom port deal would not benefit Nigeria, stressing that it would rather leave the country in...
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Urgent Update: Nigerian Fuel Stations, Including MRS, Raise Prices Following Dangote Refinery Increase
Dangote Refinery-backed MRS and other Nigerian filling stations adjusted their petrol retail prices on Saturday less than 24 hours after the 650,000-barrel-per-...
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Breaking News: Dangote Refinery Raises Petrol Prices Once More!
Dangote Refinery has notified customers of a price adjustment for Premium Motor Spirit (PMS), raising the gantry price from ₦1,175 to ₦1,245 per litre an increa...
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UBA Group and BII Join Forces to Foster Trade Finance Collaboration Across Africa
United Bank for Africa (UK) Limited (“UBA UK”) and British International Investment plc (“BII”), the UK’s development finance institution and impact investor, t...
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"Nigerian Crude Fetches $18 Premium as Dangote Refinery Buys via London and Dubai Middlemen, Says Ugochinyere"
Chairman of the House of Representatives Committee on Petroleum Resources (Downstream), Ikenga Ugochinyere, has alleged that Nigerian crude is being sold to Dan...
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