Economy

Local refineries produce 48 million litres of petrol daily: FG

The Federal Government has disclosed that local petrol production has increased from effectively zero in 2023 to about 48 million litres per day. Special Adviser...

Over 100,000 refugees living in Nigeria: FG

The Federal Government has disclosed that Nigeria is currently hosting over 100,000 refugees and asylum seekers, mainly from countries within the Lake Chad Basin...

Dangote Refinery imports 1.46bn litres of gasoline blendstock in five months: NMDPRA 

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed a growing reliance by Dangote Petroleum Refinery on imported gasoline blendstock, mainly to...

Senate moves to resolve NMDPRA, OGFZA regulatory dispute

The Senate Committee on Petroleum Sector has vowed to end the existing jurisdictional regulatory conflict between the Nigeria Mainstream and Downstream Petroleum Regulatory Authority...

Fraud costs Nigerian banks, customers ₦134.48bn: CBN 

Banks and their customers lost a combined N134.48bn to fraud between 2020 and 2025 amid a significant expansion in digital payments and financial technology...

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