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January 8, 2026
Monday, January 12, 2026
Business
3 Minutes
Naira Plunges In ‘official market’, CBN Warns Forex Dealers
The Naira plunged further at the official window on Tuesday, closing at an all-time-low of N1,482 against the United States dollar. The local unit had closed at 1,348 against the greenback on Monday after...
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0 Minutes
JUST-IN: Tinubu Moves Revenue From Crude Oil Sales From NNPCL To CBN
President Bola Tinubu has made a strong decision by moving revenue from crude oil sales to Central Bank of Nigeria (CBN) to Nigerian National Petroleum Corporation Limited (NNPCL). In this new arrangement, NNPCL will...
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1 Minute
Former CBN Gov Sanusi Endorses CBN’s Decision To Relocate Departments
The former Governor of Central Bank of Nigeria (CBN) Sanusi Lamido Sanusi, has expressed support for the Central Bank of Nigeria’s decision to relocate certain departments from its Abuja headquarters to Lagos. In a...
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1 Minute
Dangote Refinery Registers Three Oil Marketers Associations
The Dangote Petroleum Refinery has confirmed the registration of oil marketers as its distributors. Dangote Group said on Tuesday that it had registered three associations of marketers in the Nigerian oil sector. In a...
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3 Minutes
JUST IN: Sanwo-Olu’s Government Shuts Another Three Markets In Lagos
The Lagos State Government under Governor Babajide Sanwo-Olu has sealed Oke-Afa Market, Isolo Market, and Katangua Market in Abule Egba for violations of waste disposal regulations and for various unhygienic practices around the markets,...
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4 Minutes
Dangote Refineries Plan Supply To150,000 IPMAN Stations
The Dangote Petroleum Refinery is to supply fuel to about 150,000 retail outlets operated by the Independent Petroleum Marketers Association of Nigeria following a meeting between the management of the refinery and executives of...
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2 Minutes
Seven Major Marketers Get Approval To Sell Dangote Fuel
The seven major oil marketers in Nigeria have registered with the Dangote Petroleum Refinery for the lifting and distribution of refined petroleum products produced by the $20bn plant. Dealers under the aegis of the...
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2 Minutes
Dangote Refinery Begins Diesel, Aviation Fuel Production
Dangote Petroleum Refinery has commenced the production of diesel and aviation fuel. However, the refinery has yet to produce Petroleum Motor Spirit, otherwise known as petrol. The Chief Branding and Communications Officer of Dangote...
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1 Minute
P’Harcourt Refinery To Complete Test-run This Month-NNPCL
The Nigerian National Petroleum Corporation Limited has revealed that test runs at the 60,000-bpd Port Harcourt refinery will be completed this month. “Testing will conclude shortly, ensuring the refinery’s efficient operation. That phase will...
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2 Minutes
Petrol Pricing War Escalates As NNPCL And Marketers Spar Over Subsidy Issues
The Nigerian National Petroleum Company Limited (NNPCL) and fuel marketers, represented by the Independent Petroleum Marketers Association of Nigeria, found themselves in another dispute over the removal of the subsidy on petrol. This disagreement...
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