Petrol to sell above N400/litre even with Dangote, NNPC refineries
According to the report by businessday, an analysis of oil prices, import tariffs, and refinery contracts shows that even if the Dangote and Nigerian National Petroleum Company (NNPC)…
FG pays N103bn subsidy to keep Nigerian petrol prices uniform in 9 months
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the government will continue to push the government to keep petrol prices steady from December 2021…
Nigeria, Poland Agreed MOU On Agriculture
Nigeria and Poland have signed a Memorandum of Understanding (MOU) on Agriculture, promising their readiness to increase the fields of economic cooperation in the energy and manufacturing sectors.Information…
Discos fail to utilise 1,936MW despite blackouts – FG
The Federal Ministry of Power’s most recent data on the daily Discos load summary showed that the 11 power distribution companies in Nigeria did not use a total…
IPMAN begins strike, fuel scarcity imminent in North
Following the start of the Independent Petroleum Marketers Association of Nigeria’s Suleja Depot Branch’s three-day warning strike, Abuja, Kaduna, Nasarawa, Kogi, Niger, and neighbouring states may see another…
Stock investors lose N30bn in one day
At the close of trading on Monday, the Nigerian Exchange Limited’s equity market had lost N30 billion as the share prices of 18 companies fell.Information Guide Nigeria The…
Nigeria earns N14bn from cashew export, targets 1mMT
The National Cashew Association of Nigeria reported on Sunday that Nigeria made nearly N14 billion from cashew exports in the previous year and that the country is currently…
NNPC defends 68m-litre daily consumption, backs forensic audit
On Sunday, the Nigerian National Petroleum Company Limited asserted that there were 68 million gallons of Premium Motor Spirit, also known as gasoline, available every day throughout the…
Edo govt, Ossiomo to extend electricity supply
In a renewed effort to address the difficulties of power supply and promote industrialization, the Edo State Government and Ossiomo Power Plant have finalised plans to expand the…
FG blames high fertiliser cost on Russia-Ukraine war
The ongoing conflict in Ukraine has prevented the Federal Government from importing muriate of potash (MOP), one of the main raw materials needed for mixing the farm inputs,…