NNPC retail discount not fuel subsidy, says finance minister
The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said the discount on petrol prices by NNPC Retail Limited does not amount to a return of…
FG offers 30-day petrol discount, moves to cap ex-gantry price at ₦1,350
The Federal Government has announced a 30-day discount on petrol sold through the Nigerian National Petroleum Company Limited (NNPC) filling stations as part of measures to cushion the impact of…
PH Refinery workers protest seven months’ unpaid salaries, threaten shutdown
Workers at the Port Harcourt Refining Company have protested over seven months of unpaid salaries and the delayed implementation of an approved salary structure, threatening to shut down operations if…
World Bank applauds Nigeria’s macroeconomic gains, lifts 2026 growth forecast to 4.3%
The World Bank has raised its projection for Nigeria’s economic growth in 2026 to 4.3 percent, citing improving macroeconomic stability, stronger investor confidence and a gradual recovery in private investment.…
ANOH Gas sets sustainable community development course, inaugurates HCDT Board
ANOH Gas Processing Company Limited (AGPC) has inaugurated the Board of Trustees of its Communities Development Trust (HCDT), marking a significant new phase in its partnership with its host and…
Otti urges Ndigbo to beat Chinese traders with manufacturing, technology
Abia State Governor, Alex Otti, has urged Ndigbo to respond to the growing presence of Chinese traders in Nigeria by embracing manufacturing, technology and digital commerce rather than fighting for…
Otti: Those seeking return of petrol subsidy don’t mean well for Nigeria
Abia State Governor Alex Otti has warned against calls for the restoration of petrol subsidy, saying anyone pushing for its return “doesn’t mean well” for Nigeria. Otti, a member of…
Nigeria’s FX reserves hit $55bn, highest in 18 years
Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, says Nigeria’s gross foreign exchange reserves have risen above $55 billion, the highest level recorded in more than 18 years. Cardoso disclosed…
Tinubu: 53 years after, $800m Ima gas project to boost jobs, industry, exports
President Bola Tinubu has welcomed the $800 million Final Investment Decision (FID) for the Ima Gas Project, describing it as a major step towards unlocking Nigeria’s vast gas resources for…
Accugas inaugurates first midstream Host Communities Development Trust in Nigeria
Accugas Limited, the Nigerian midstream subsidiary of British independent energy company Savannah Energy PLC, has inaugurated the Board of Trustees of its Host Communities Development Trust (HCDT), becoming the first…
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