CBN Targets $1Bn Monthly Remittances to Strengthen Naira, Boost Foreign Exchange Reserves
The Central Bank of Nigeria (CBN) has set an ambitious goal to attract $1 billion in monthly remittance inflows as part of its strategic...
PETROAN Confirms Port Harcourt Refinery Petrol Price at N1,030 Per Litre
The Petroleum Products Retail Outlet Owners Association of Nigeria (PETROAN) has confirmed that petrol from the Port Harcourt refinery will be sold at N1,030...
Halt the Rumours: Port Harcourt Old Refinery is Up and Running — NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has confirmed that the Port Harcourt refinery is operational, countering circulating rumors about its functionality. The clarification...
PETROAN Flags Price Gap: Port Harcourt Refinery Petrol N75 Costlier Than Dangote’s
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has revealed a price disparity in Premium Motor Spirit (PMS), commonly known as petrol,...
Port Harcourt Refinery Begins Crude Oil Processing at 60% Capacity – NNPCL
The Port Harcourt Refinery, one of Nigeria’s state-owned oil refineries, has officially started processing crude oil, marking a significant milestone in the country’s energy...
Nigeria’s GDP Grows by 3.46% in Q3 2024
Nigeria’s Gross Domestic Product (GDP) grew by 3.46% in real terms in the third quarter (Q3) of 2024, reflecting a 0.92 percentage point increase...
Ohanaeze Ndigbo Youth Council Optimistic About New NNPCL Reforms
The Ohanaeze Ndigbo Youth Council Worldwide has expressed hope regarding the ongoing reforms at the Nigerian National Petroleum Company Limited (NNPCL), emphasizing that these...
Nigeria’s Inflation Hits 33.88% In October
The inflation rate in Nigeria climbed for the second consecutive month in October, reaching 33.88% compared to 32.70% in September 2024, according to data...
We Will Import Fuel When Necessary – NNPCL
The Nigerian National Petroleum Company Limited (NNPC) has reaffirmed that it has not ceased the importation of petroleum products into the country.
In a statement...
Dangote Petrol: IPMAN Announces N50 Reduction In Fuel Price
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that its members will reduce petrol prices by N50 per litre when purchasing directly...