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Article 'Dangote Tops Africa’s Billionaires as Rabiu, Otedola, Adenuga Make Forbes’ 2025 List'- Nigeria News
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Article 'Filling Stations in Lagos Increase Petrol Prices by N70, Reaching N930 per Litre'- Nigeria News
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Article 'Petrol Price Hike: Nigerians Groan as Pump Rate Hits N970 Per Litre'- Nigeria News
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Article 'Economic Hardship: CBN Reveals Nigerians Borrowed N470 Billion in Personal Loans'- Nigeria News
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Everything You Need to Know About the NDDC Youth Internship SchemeI want to apply
- akeri akpokabowei
The landing cost of petrol in Nigeria has dropped to N774.82 per litre, a 16.5% decrease, due to falling global crude oil prices. This could drive fuel prices lower, sparking competition between NNPC, Dangote Refinery, and importers. Experts predict a further drop to N800 per litre soon.
The...
Bitcoin fell below $77,000 as U.S. recession fears rattled markets, with Ethereum and other cryptocurrencies also tumbling. Investor sentiment weakened after Donald Trump's comments on economic uncertainty. Analysts warn that inflation concerns and interest rates may drive further volatility...
The Nigerian government has reaffirmed its commitment to the Naira-for-Crude policy, ensuring local refineries continue buying crude oil in naira. Officials dismissed speculation of discontinuation, confirming ongoing discussions for a renewed agreement. The policy aims to boost local refining...
The NNPC has clarified that its crude-for-naira deal was a temporary six-month agreement set to expire in March 2025. The company stated that discussions are ongoing for a new contract while reaffirming its commitment to supplying crude for local refining under mutually agreed terms.
The...
Chatham House warns Nigeria against strengthening the naira, urging that its depreciation has made the country more competitive. The think tank highlights positive economic impacts, such as improved balance of payments and increased reserves, while recommending alternative measures to control...
The National Identity Management Commission (NIMC) has warned Nigerians to only modify their National Identification Number (NIN) details through its official self-service portal. The agency emphasized data security, advising against using third-party websites to avoid fraud and identity theft...
Power disruptions in Lagos are caused by a transmission fault in the 330kV lines, affecting Ikeja and Eko Electricity Distribution Companies. This issue has led to widespread load shedding to prevent blackouts. DisCos is working with the Transmission Company of Nigeria (TCN) to restore a stable...
Savannah Energy has completed the acquisition of Sinopec International Petroleum Exploration and Production Company (SIPEC), increasing its oil and gas reserves by 30%. The deal includes a 49% interest in the Stubb Creek Field, with plans for significant production expansion, targeting a near...
The Nigerian National Petroleum Company (NNPC) has ended its naira-for-crude deal with local refineries, including Dangote Petroleum Refinery. This decision could lead to higher petrol prices as refineries will now source crude oil from international markets, potentially impacting Nigeria's...
Nigerian travelers face high visa fees in certain countries, with the U.S. ($185), UK ($150), and India ($585) among the most expensive. Schengen visas cost €90, while Canada requires CAD 185. Understanding these fees helps travelers plan better and manage expenses for international trips.
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