Imported petrol costs N64 less than Dangote refinery's price, sparking controversy as experts urge Nigeria to boost crude production amidst rising global oil prices.

The price of Premium Motor Spirit (petrol) at retail pump stations may soon rise to between N980 and over N1,000 per litre, depending on location nationwide, following a fresh increase in the gantry ...

Nigeria’s struggles to pump to its OPEC+ quota over the past year have resulted in a loss of $1.31 billion gross revenue for the biggest African oil producer, according to data calculated by Business ...

The price of cement in Nigeria for some time now has been fluctuating due to an increase in demand, inflation, fuel price and transportation costs. As we all know, cement is the backbone of ...

Nigeria brought the timetable for next year’s election forward and announced new rules that appeared to catch the opposition ...

FORMER Vice-President Yemi Osinbajo recently held up a mirror to Nigeria’s education sector and delivered a sobering verdict: the country is “paying a heavy price” for years of neglect. He was right ...

Nigeria is now channeling all proceeds from oil and gas production to a single federal account as it aims to strengthen the central government budget and ensure a more effective distribution of income ...

By Isaac Anyaogu LAGOS, March 11 (Reuters) - Shipping company MSC has signed a 45-year concession agreement with Nigerian ...

Nigeria recorded a $1.28 billion trade surplus in November 2025, representing a 4.1 percent month-on-month increase compared to a N1.23 billion surplus recorded in the previous month, October. This ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations for ...

Nigeria halted the issuance of import licenses for gasoline, a major win for billionaire Aliko Dangote, who controls Africa’s largest refinery and has long called for the move.