Nigeria Sees Record High in Diaspora Remittances, Says CBN
Nigeria recorded $947 million in remittance inflows through International Money Transfer Operators, IMTOs in July 2026, according to the Central Bank of Nigeria...
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Dangote Refinery Set to Stop Fuel Sales to Importers and Marketers
The Dangote Petroleum Refinery and Petrochemicals has said it is considering restricting the sale of Premium Motor Spirit, PMS to major marketers that continue...
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Refiners and Depot Owners Under Pressure to Slash Fuel Prices in Nigeria
Nigeria’s refiners and depot owners are under pressure to reduce gantry and ex-depot prices of Premium Motor Spirit, PMS, commonly known as petrol, following a...
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Venezuela's OPEC Exit Sparks Global Drop in Oil Prices
Global crude oil prices declined amid speculation over Venezuela’s planned exit from the Organisation of the Petroleum Exporting Countries, OPEC. A crude oil ma...
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FCMB Empowers 1,000 Young Nigerians at the Peak Performer Leadership Summit
First City Monument Bank (FCMB) supported and participated in The Peak Performer Emerging Leaders’ Summit 2026, which brought together 1,000 National Youth Serv...
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Dangote Refinery: NMDPRA Fuel Import Licenses Driving Surge in Nigeria's Petrol Imports
Dangote Refinery has blamed the Nigerian Midstream and Downstream Petroleum Regulatory Authority, NMDPRA, for the rise in Nigeria’s fuel imports despite the pla...
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Dangote Refinery Alerts NMDPRA: Rising Fuel Imports Demand a Shift to Export Focus
The management of Dangote Petroleum Refinery and Petrochemicals, DPRP has expressed concern over the continued issuance of petroleum product import licences des...
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"Unlocking Opportunities: Iledare Shares Investor Benefits as Dangote Refinery's $5 Billion IPO Approaches"
Professor Emeritus of Petroleum Economics and energy expert, Prof. Wunmi Iledare, has revealed what investors will benefit as Dangote Refinery prepares for its...
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Dangote Refinery Raises Petrol Prices During New Free Delivery Initiative
Dangote Refinery has raised its Premium Motor Spirit, PMS, gantry price for the second time in less than two weeks. An oil market survey by DAILY POST showed th...
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Fuel Subsidy Showdown: Economists and Industry Leaders Weigh In
Economists and stakeholders in Nigeria’s petroleum sector have weighed in on the ongoing debate over fuel subsidy amid volatility in the prices of Premium Motor...
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Dollar to Naira Exchange Rate Update: Naira Weakens Against US Dollar on August 24, 2026
The naira depreciated against the United States dollar at the official foreign exchange market to begin the week on a negative note. The Central Bank of Nigeria...
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Global Oil Prices Tumble as US-Iran Tensions Escalate
Global oil prices declined on Monday amid continued tension in the Middle East.At the weekend, Iran and the United States were embroiled in a fresh trade war. U...
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