FG moves to avert fuel crisis as PENGASSAN shuts down operations over Dangote sackings
The Federal Government on Sunday waded into the escalating dispute between the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and the Dangote Refinery following the sack of…
‘It’s economic sabotage’ – Dangote Refinery slams PENGASSAN’s order to cut off oil, gas supply
The management of Dangote Petroleum Refinery has strongly condemned a directive issued by the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) instructing its branches to halt crude…
Breaking: PENGASSAN orders gas, crude supply cut to Dangote Refinery
Nigeria’s downstream petroleum sector was thrown into fresh uncertainty on Friday as the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) ordered an immediate suspension of gas and…
Flash: Dangote Refinery ends naira petrol sales, raising fears of price surge
Nigeria’s energy market faces fresh uncertainty as the Dangote Petroleum Refinery announced it will suspend petrol sales in naira from Sunday, September 28, 2025, a decision that has unsettled marketers…
Dangote Refinery rejects marketers’ push for ₦1.5trn subsidy
The management of Dangote Refinery has dismissed calls by petroleum marketers for a subsidy mechanism that would amount to about ₦1.5 trillion annually, insisting it will not shoulder costs to…
Think Tank projects inflation to drop to 17% by December, urges CBN to cut interest rates
The Independent Media and Policy Initiative (IMPI) has projected that Nigeria’s headline inflation will fall to 17 per cent by the end of 2025, following months of steady declines that…
FG suspends FOB levy on imported goods amid stakeholder concerns
The federal government has announced the immediate suspension of the newly introduced free on board (FOB) levy collected by the Nigeria Customs Service (NCS) on imported goods. The decision, communicated…
JTB dismisses reports linking bank access to tax IDs
The Joint Tax Board (JTB) has debunked reports suggesting that Nigerians without a Tax Identification Number (Tax ID) would be denied access to their bank accounts or barred from financial…
FG makes over ₦600bn VAT from Facebook, Amazon, Netflix
The Federal Government has generated more than ₦600 billion in Value Added Tax (VAT) from international digital service providers such as Facebook, Amazon, and Netflix. This was disclosed by Mathew…
NNPC Retail reports ₦395.5bn loss 2024
NNPC Retail Limited has announced a staggering loss of N395.5 billion for the fiscal year 2024, as detailed in its “annual report, consolidated and separate financial statements for the year…
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