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Petrol Price May Hit N900/Litre Amid Crude Oil Volatility And OPEC+ Output Hike 0
- BUSINESS
- August 4, 2025
Petrol Price May Hit N900/Litre Amid Crude Oil Volatility and OPEC+ Output Hike The retail price of premium motor spirit (PMS), commonly referred to as petrol, may surge past ₦900 per liter this week as Nigeria grapples with rising global oil prices and supply chain volatility. This is coming despite the latest decision by OPEC+,
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Babangida Aliyu Urges Tinubu To Revive Stalled Mambilla Power Project 0
- BUSINESS, SLIDE
- July 31, 2025
Babangida Aliyu Urges Tinubu to Revive Stalled Mambilla Power Project Former Niger State Governor and Chairman of the Board of Trustees of the Sir Ahmadu Bello Memorial Foundation, Dr. Babangida Aliyu, has called on President Bola Ahmed Tinubu to urgently intervene and revamp the long-abandoned Mambilla Hydro Power Project in Taraba State. Aliyu’s remarks, delivered
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Dangote Refinery Withdraws ₦100 Billion Lawsuit Against Petroleum Regulators And Marketers 0
- BUSINESS, SLIDE
- July 29, 2025
Dangote Refinery Withdraws ₦100 Billion Lawsuit Against Petroleum Regulators and Marketers Dangote Petroleum Refinery and Petrochemicals has formally discontinued its ₦100 billion lawsuit against the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Nigerian National Petroleum Company Limited (NNPCL), and five other oil marketers. The decision, confirmed through court filings, brings an abrupt end to
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$2.8bn AKK Gas Pipeline Project Hits 86% Completion, November Set For Mechanical Delivery 0
- BUSINESS, SLIDE
- July 25, 2025
$2.8bn AKK Gas Pipeline Project Hits 86% Completion, November Set for Mechanical Delivery After years of delays and shifting timelines, Nigeria’s ambitious 614-kilometer Ajaokuta-Kaduna-Kano (AKK) gas pipeline project has now reached 86.05 percent completion, with the Nigerian National Petroleum Company Limited (NNPC) setting a new target of November 30, 2025, for mechanical completion. Valued at
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CBN Retains MPR At 27.5% To Sustain Disinflation And Stabilize Economy 0
- BUSINESS, SLIDE
- July 24, 2025
CBN Retains MPR at 27.5% to Sustain Disinflation and Stabilize Economy The Central Bank of Nigeria (CBN) has decided to retain the Monetary Policy Rate (MPR) at 27.5%, following the conclusion of its 301st Monetary Policy Committee (MPC) meeting on Tuesday, July 22, 2025. This decision, aimed at preserving the recent disinflationary momentum in the
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States Push For Reflective Electricity Tariffs Amid Power Sector Tensions 0
- BUSINESS, SLIDE
- July 24, 2025
States Push for Reflective Electricity Tariffs Amid Power Sector Tensions In a bold move that could reshape Nigeria’s electricity landscape, commissioners of energy from all 36 states announced their willingness to negotiate new, more reflective electricity tariffs with power distribution companies (Discos). The announcement, made on Wednesday, comes amid rising tensions following the Enugu Electricity
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