Economy

We destroyed 34 illegal refining sites, arrested 11 oil thieves: Army

The six Division of the Nigerian Army said its troops have destroyed 34 illegal refining sites, arrested eleven suspected oil thieves, and seized over...

CBN likely to hike interest rates again, expert says

A Financial Expert, Professor Uche Uwaleke, says the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is likely to raise interest...

Dangote Refinery slashes PMS price from ₦990 to ₦970 per litre

The Dangote Petroleum Refinery says it has reduced the price of its Premium Motor Spirit from ₦990 per litre to ₦970/litre. The PUNCH reports that...

NNPCL, oil marketers plan to end petrol imports, focus on Dangote Refinery 

The Nigerian National Petroleum Company Limited (NNPCL) and major oil marketers are currently engaged in discussions on strategies to eliminate the importation of petrol...

SERAP urges Tinubu to investigate ₦57 billion misappropriation by Ministry of Humanitarian Affairs

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to order an investigation into the allegedly over ₦57 billion of public...

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