According to George Ene-Ita, the Midstream and Downstream Petroleum Regulatory Authority Spokesman, a fresh report on diesel sulfur content from Dangote Refinery will be released on…
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Chairman of Dangote Group, Aliko Dangote, has offered to sell Dangote Refinery valued at $20 billion to the Nigerian National Petroleum Company Limited (NNPCL). He disclosed…
Aliko Dangote, the owner of Dangote Refinery, has dismissed reports by the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) that the petroleum…
The Central Bank of Nigeria (CBN) has approved the sale of foreign exchange (FX) to eligible Bureau de Change (BDC) operators at a rate of 1,450…
The Nigerian government has sought to amend the Finance Act to impose a one-off 50% windfall tax on Nigerian banks’ realised foreign exchange gains. The move…
Devakumar Edwin, the Vice President of Dangote Industries Limited, has blamed the obstruction of crude oil supply to Dangote refinery, which has a capacity of 650,000…
The dollar-to-naira exchange rate reached N1,615 on Nigeria’s foreign exchange black market. Ashiru Dayyabu, who operates a Bureau De Change in Wuse Zone 4, mentioned that…
Despite its appreciation against the Dollar on Tuesday, the Naira slumped further at the black market, losing N25. Data from the FMDQ showed that on Tuesday,…
The Managing Director and CEO of the Nigerian National Petroleum Corporation (NNPCL), Mele Kyari, has commended Nigerian President Bola Ahmed Tinubu for his policies and initiatives,…
The Dollar to Naira exchange rate has remained flat in the black market.According to Bureau De Operator in Zone 4 Abuja, Dayyabu Ashiru, the Nigerian currency…