Zainab Iwayemi
1667 articles published since 07 Jul 2023
1667 articles published since 07 Jul 2023
Oil marketers have clarified that the reason for the resurgence of lines at gas stations in numerous areas is the cessation of petroleum product supply by dealers.
Recent online reports have reignited the dispute over the sulfur content of diesel, or automobile gas oil, produced by the Dangote Petroleum Refinery.
Central bank plans to sell dollars in a retail auction the following week in order to relieve pressure on the local currency and prevent a foreign exchange collapse.
Marketers asserted that agreements struck by the NNPC, the tank farm owners, and the NMDPRA would make it more difficult for the petrol to be easily accessed.
According to trading sources and ship tracking data, when the Dangote refinery reaches full capacity, it is anticipated to have a major impact on global oil flows.
The News Agency of Nigeria reported that the prices of several perishable commodities have dropped by more than 50% amid the ongoing statewide hunger strike.
According to the CBN data, users of foreign exchange (FX) spent more dollars in the three months that ended in December 2023 than they did in the prior quarter.
The EU plans to hike the cost of visas starting on Tuesday, June 11, 2024, so Nigerians and other Africans wishing to obtain one would have to pay extra.
Concerns that the government's plans for change may be thwarted by widespread protests over growing living expenses caused Nigeria's sovereign-risk premium to spike.
Zainab Iwayemi
Load more