President of Dangote Industries Limited, Aliko Dangote, has explained why petrol remains expensive in Nigeria, saying the price gap between Nigeria and neighbouring countries encourages the smuggling of the product…
Oil prices rose sharply on Monday, pushing Brent crude above $107 a barrel as escalating tensions in the Middle East stoked fears of disruptions to global energy supplies. Brent crude…
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has disclosed that his refinery is working round the clock to ensure recent reductions in the gantry price were fully…
Rite Foods Limited, through its proudly Nigerian brands Sosa Fruit Drink and Bigi Premium Water, has announced a strategic partnership with Showtime to support the upcoming Flag Football season. This…
Rite Foods Limited, Nigeria’s leading food and beverage company, has restated its commitment to environmental stewardship by driving innovations that continue to minimize greenhouse gas emissions in its manufacturing operations.…
The Nigeria Customs Service (NCS) has announced the suspension of the 4% Free-on-Board (FOB) charge on imported goods in line with a directive from the Federal Ministry of Finance. In…
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has dismissed speculations that the five percent surcharge on fuel will take effect from January 2026.…
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has suspended its strike following an agreement with the management of Dangote Refinery to recognise workers’ rights to unionise. The…
The Nigerian National Petroleum Company Limited (NNPC) has reduced the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to N825 per litre from N890 per litre as…
Dangote Petroleum Refinery has announced a significant reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, slashing it by N65 per litre. Effective from February…