IPMAN explains why they have not purchased from Dangote Refinery yet
The Independent Petroleum Marketers Association of Nigeria, IPMAN has stated that it is still negotiating arrangements for the lifting of…
Ghana to import fuel from the Dangote refinery, according to officials
Ghana's National Petroleum Authority (NPAG) CEO Mustapha Abdul-Hamid has announced plans to increase energy security and maintain commercial ties with…
Nigerian businesses will have access to $1 billion in funding options from CBN and IFC
The Central Bank of Nigeria (CBN) and the International Finance Corporation (IFC), the World Bank's private sector arm, have inked…
Naira falls to N1,740 in parallel market
After hitting N1,740/$1 in the parallel market at the end of trading last weekend, the local currency in Nigeria is…
CIBN encourages increased investment in infrastructure and education
More investment in infrastructure, education, and economic diversification is needed to increase the country's prosperity and propel GDP development, according…
FG plans a 50% tax cut to assist businesses in raising wages
Nigeria's Government is proposing a 50% tax break for businesses that raise wages or provide low-income workers with transportation allowances.…
Nigerian Government has banned the export of LPG due to the rising price
The export of domestically generated cooking gas, or liquefied petroleum gas, was prohibited by the federal government yesterday due to…
The world economy stays out of recession, and growth stays at 3.2%
As inflation declines, the International Monetary Fund projects that global growth will stay steady at 3.2% in 2024 and 2025,…
Dangote Refinery is unable to supply 1.065 billion liters according to NNPCL
A recent document reveals that the refinery has failed to fulfill the supply requirement, adding to the controversy surrounding the…
FG proposes a 5% tax on telecom services and gambling
The Nigerian Federal Government has proposed a five-percent excise duty on telecommunications services, gaming, and betting activities as part of…