Dangote Petroleum Refinery and Petrochemicals has announced another review of its ex-depot (gantry) loading price for Premium Motor Spirit (PMS), popularly known as petrol. The new price is now set at N835 per litre, down from N865 per litre, which had been in effect…

Amid growing concerns over the alleged fraud perpetrated by a digital investment platform, CryptoBank Exchange (CBEX), which reportedly led to the loss of N1.3tn belonging to Nigerians investors, the Economic and Financial Crimes Commission (EFCC) has said it warned Nigerians against investing in…

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has expressed strong support for the Federal Executive Council’s recent approval of the continuation of the Naira-for-Crude policy — a move the association believes could mark a turning point in the country’s energy…

The President of the African Development Bank (AfDB), Akinwumi Adesina, says Africa’s youth bulge is a demographic asset that has to become an economic asset through rigorous investment in human capital development and financing. The former Nigerian agriculture minister said youths in Nigeria…

The Federal Government has confirmed the crude and refined product sales in Naira initiative remains a standing national policy and will continue indefinitely. However, the policy will stay in place as long as it serves the public interest and supports Nigeria’s broader economic…