Marketers say Petrol would have reached N1,500 without Dangote refinery

      Oil marketers have said the pump price of petrol in Nigeria would have climbed as high as N1,500 per litre if the country was still heavily dependent…

Enugu Assembly Passes Landmark Law to End Illegal Roadblocks, Harmonize State Taxes

      The Enugu State House of Assembly has passed a landmark law aimed at harmonizing taxes and levies across the state.   The move is intended to eliminate…

Tinubu Orders Mass Deployment of 100,000 CNG Conversion Kits Amid Fuel Price Fears

      President Bola Ahmed Tinubu has directed the immediate deployment of 100,000 Compressed Natural Gas (CNG) conversion kits across Nigeria to help cushion the impact of rising transportation…

Expect Fuel Price Adjustments by Friday, Says Dealers’ Association After Dangote’s N100 Cut

      Some Nigerian filling stations reduced fuel pump prices on Tuesday after Dangote Refinery’s N100 per liter gantry price cut.     UGAMATV reports that Ranoil and Sharon…

Enugu Air Secures NCAA Air Operator Certificate, Set to Begin Operations

Enugu Air has officially received its Air Operator Certificate (AOC) from the Nigerian Civil Aviation Authority, marking a major milestone in the state government’s plan to position Enugu as a…

Egypt raises fuel prices up to 30% as Middle East war bites

Egypt has raised domestic fuel prices by up to 30 percent, citing “exceptional” global energy pressures linked to the ongoing Middle East conflict that has disrupted oil supplies and shipping…

Dangote Refinery hikes petrol price to N1,175

Dangote Petroleum Refinery has raised the price of Premium Motor Spirit to N1,175 per litre. This comes barely two days after it increased it to N995 last Friday.    …

Tinubu Ends 15-Year OPL 245 Oil Block Dispute with Landmark Settlement

      President Bola Tinubu has finally settled the protracted dispute over Oil Prospecting License 245 in the Niger Delta after 15 years.     In a statement on…

Nigeria’s gold reserves now $3.5bn – CBN

The Central Bank of Nigeria (CBN) says its gold reserves have risen to $3.5 billion after receiving newly refined gold that meets London Bullion Market Association (LBMA) Good Delivery standards.…

Nigeria’s net reserves hit $34.8bn in 2025 – CBN governor Cardoso

Nigeria’s external financial buffers strengthened significantly in 2025 as Olayemi Cardoso, governor of Central Bank of Nigeria (CBN), disclosed that the country’s net foreign exchange reserves reached $34.80 billion by…