Economy

Dangote Refinery records 1.66bn litres export volume in April: NUPRC

Fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NUPRC) has shown that the Dangote Petroleum Refinery & Petrochemicals exported an estimated...

Nigeria cannot continue relying on borrowing: Oyedele 

The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Tuesday said Nigeria could no longer rely mainly on borrowing to...

NNPC Ltd, NUPRC pay over ₦322bn, $116.9m into federation account

The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) remitted over ₦322 billion and $116.9 million into...

World bank nears approval of fresh $1.25bn loan for Nigeria

The Federal Government has stepped up engagement with the World Bank for a fresh $1.25 billion loan to support economic reforms, job creation, and...

Dangote Refinery, others need production subsidy: TUC

The Trade Union Congress (TUC) has proposed a “production subsidy” for the Dangote Refinery and other modular refineries as a way to reduce the...

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