Supply local refineries or lose your permits, NUPRC tells oil firms
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) yesterday warned that it will henceforth deny export permits for crude oil cargoes inten
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All the recent business news in Nigeria, economy and industry updates.
FG denies claim of 65 per cent increase in electricity tariff
The Special Adviser to the President on Energy, Olu Arowolo Verheijen, has denied saying the federal government is considering an increase of 65 per c
After seven-month gain, exchange rate inches towards N1,500
After closing at N1,474.78 per dollar on January 31 at the Nigerian Foreign Exchange Market, naira depreciated yesterday on the first trading day of t
Firm launches fuel-access programme for SMEs in Kano
BloomData Limited, a Nigeria-based company, has launched a programme to support operators of Small and Medium Enterprises (SMEs) with easy access to f
OPEC+, Ministerial Committee reviews crude oil data, says members’ conformity high
The OPEC+ Joint Ministerial Monitoring Committee (JMMC) has reviewed the crude oil production data for the months of November and December 2024, noti