Dangote Petroleum Refinery has reaffirmed its position on the ongoing dispute with the Depot and Petroleum Products Marketers Association of Nigeria, insisting that it would not absorb logistics costs ...

Nigeria finds itself trapped in a fiscal paradox that defies basic economic logic. Despite removing fuel subsidies ...

Nigeria suspends planned 15% fuel import levy to avoid holiday shortages Move follows backlash over risks to supply, price hikes, and market dominance Dangote refinery remains key amid stalled state ...

Following the suspension of the 15 per cent import duty on petroleum product, the Centre for the Promotion of Private Enterprise (CPPE) has called on the federal government to avoid short-term ...

President Bola Tinubu says he fully understands what Nigerians are going through but that the present economic reform is necessary to build a resilient country and guarantee children's future.

A Senior Advocate of Nigeria, Femi Falana, has once again criticised President Bola Tinubu’s removal of the fuel subsidy, describing it as a move influenced by international financial institutions.

Nigeria has received $800 million from the World Bank to expand its national social program ahead of eliminating its pricey but popular petrol subsidies in June, according to Finance Minister Zainab ...

PRESIDENT Bola Tinubu has said that the Federal Government’s trade reforms, including the exchange rate unification, fuel subsidy removal, and port modernisation, among others, were designed to create ...

S&P Global Ratings has revised Nigeria’s sovereign credit outlook to positive from stable, citing sustained reform efforts and improving macroeconomic ...

Global financial flows to developing countries, including Nigeria, for clean energy projects have surged to $21.57 billion. This is according ...