Finance & Economy - Page 39

Dangote Counters NMDPRA’s Inferior Diesel Allegations, Invites Regulators To Test Refinery’s Products

Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has refuted allegations by the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) that the refinery is producing inferior quality diesel. Dangote, who

Victor Ezeja

4 months ago

Business·Latest News·Oil & Gas

Nigerian Troops Recover Over 700,000 Stolen Crude Oil In Major Operation

Troops Seize Over 700,000 Litres of Crude Oil In a significant crackdown on oil theft, Nigerian troops have recovered 715,325 litres of stolen crude oil and 148,415 litres of illegally refined diesel

Emmanuel Ochayi

4 months ago

Petrol Landing Cost Price Now At N1,117/litre, MEMAN Reveals

Business·Latest News·Oil & Gas

Petrol Landing Cost Now N1,117/litre, MEMAN Reveals

MEMAN Unveils Real Cost of Petrol The Major Energies Marketers Association of Nigeria (MEMAN) announced on Wednesday that the landing cost of Premium Motor Spirit (PMS), commonly known as petrol, stood at

Emmanuel Ochayi

4 months ago

Business·Latest News·Oil & Gas

TotalEnergies Sells Onshore Oil Asset In Nigeria To Chappal Energies For $860m

TotalEnergies has signed a Share Purchase Agreement (SPA) with Mauritius-based energy firm, Chappal Energies, to sell its minority interest in a Nigerian onshore oil joint venture for $860 million. The French energy

Victor Ezeja

4 months ago

Nigeria's Crude Oil Production Decline Costs Country N720bn In Revenue In 2 Months

Business·Latest News·Oil & Gas

Nigeria’s Oil Prices Trades At $90 Amid Global Economic Shifts

Nigeria’s Oil Prices Stay Strong Nigeria’s Brass River, Bonny Light, and Qua Iboe crude oils are trading above $90 per barrel, higher than the current Brent benchmark. Economic downturns influence this in

Emmanuel Ochayi

4 months ago

Business·FEATURES·Oil & Gas

Top 10 African Countries With Highest Fuel Prices In July 2024

Many African countries grapple with high cost of fuel which is caused by a combination of global and local factors. At the heart of it is global oil price dynamics. The cost

Victor Ezeja

4 months ago

I’m Ready To Lose Money To Give Nigerians Cheap Fuel – Dangote

Business·Latest News·Oil & Gas

Dangote Refinery Sets New Date For Petrol Sales To Marketers

Dangote Group has said it would begin sales of Premium Motor Spirit (PMS), also known also petrol, to marketers from August this year. Chairman of Dangote Group, Aliko Dangote, disclosed this to

Victor Ezeja

4 months ago

CBN’s FX Market Intervention Falls Short As Naira Struggles To Gain Ground

Business·Currency·Latest News·Markets

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th July 2024

What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? The exchange rate for the US dollar (USD) to Nigerian Naira (NGN)

Emmanuel Ochayi

4 months ago

Business·Currency·Latest News

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

In an effort to foster stability and lessen market volatility, the Central Bank of Nigeria (CBN) has again intervened in the foreign exchange (forex) market, selling a total of $122.67 million to

Victor Ezeja

4 months ago

Business·Latest News·Oil & Gas

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

Government’s Stance on Dormant Refining Licences The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated it has no current plans to withdraw refining licences awarded to companies that have yet

Emmanuel Ochayi

5 months ago

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Finance & Economy - Page 39

Dangote Counters NMDPRA’s Inferior Diesel Allegations, Invites Regulators To Test Refinery’s Products

Nigerian Troops Recover Over 700,000 Stolen Crude Oil In Major Operation

Petrol Landing Cost Now N1,117/litre, MEMAN Reveals

TotalEnergies Sells Onshore Oil Asset In Nigeria To Chappal Energies For $860m

Nigeria’s Oil Prices Trades At $90 Amid Global Economic Shifts

Top 10 African Countries With Highest Fuel Prices In July 2024

Dangote Refinery Sets New Date For Petrol Sales To Marketers

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today, 14th July 2024

Forex Crisis: CBN Sells $122.67m To 46 Authorised BDC Operators

Why No Plan To Withdraw Dormant Refining Licences – Nigerian Govt

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