BUSINESS Archives - Page 12 of 36

Dangote Refinery Cuts Aviation Fuel Price By ₦100 per Litre 0

The Dangote Petroleum Refinery has reduced the ex-gantry price of Aviation Turbine Kerosene (ATK), commonly known as Jet A1 fuel, in a move expected to provide some relief to airlines and other aviation industry operators. According to sources within the refinery, the new price has been lowered by ₦100 per litre, bringing the ex-gantry rate

Call, SMS Charges May Increase As NCC Reviews Interconnection Tariffs 0

The Nigerian telecommunications industry may be heading toward another round of pricing adjustments as the Nigerian Communications Commission (NCC) begins a comprehensive review of interconnection rates among network operators. The development has sparked concerns that millions of subscribers could eventually experience higher call and SMS charges if the review results in increased costs for

Petrol Price May Drop To ₦1,200 As Dangote Cuts Depot Rate 0

Marketers of petroleum products have indicated that the retail price of Premium Motor Spirit (PMS), commonly known as petrol, could soon decline to around ₦1,200 per litre following a major price reduction by the Dangote Petroleum Refinery. The projection comes after the refinery reduced its gantry price by ₦75 per litre, bringing the ex-depot cost

Dangote Refinery Reduces Price Of Petrol By ₦75 0
- BUSINESS, SLIDE
- June 16, 2026
The Dangote Petroleum Refinery has announced a reduction in the gantry price of Premium Motor Spirit (PMS), commonly known as petrol, by ₦75 per litre, offering potential relief to fuel marketers and consumers across Nigeria. The adjustment was disclosed in a circular issued to marketers on Monday, with the refinery attributing the decision to the
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NNPC To Retire Over 70% Staff, Eyes Younger Workforce 0
- BUSINESS, SLIDE
- June 15, 2026
The Nigerian National Petroleum Company (NNPC) Limited has begun implementing an early retirement programme aimed at restructuring its workforce, enhancing operational efficiency, and creating opportunities for younger professionals within the organisation. The initiative, introduced under the Accelerated Exit Scheme (AES) and the Voluntary Exit Scheme (VES), forms part of the company’s broader transformation agenda following
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FAAC Funds Have Stopped Governors From Taking Bank Loans For Projects — Presidency 0
- BUSINESS, SLIDE
- June 15, 2026
The Presidency has stated that higher allocations from the Federation Account Allocation Committee (FAAC) are enabling state governments to execute major development projects without relying heavily on bank loans. Presidential aides made the remarks during an inspection tour of federal and state projects across the South-East region, highlighting what they described as the positive impact
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