Economy Nigeria faces fuel price increase despite oil wealth – Reports March 20, 2026 New Daily Prime By Clement Abayomi Nigeria has emerged as one of the countries hit hard by rising fuel prices worldwide despite being a leading oil producer. The cause of this rise has…
Economy Dangote refinery raises petrol ex-depot price to N1,175 per March 13, 2026 Damilola Dangote Refinery has increased the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, to N1,175 per litre. The refinery had announced N100 reduction earlier in the week…
Economy NNPC cuts petrol price to N1,130 in Lagos, N1,165 in Abuja March 12, 2026 Damilola The Nigerian National Petroleum Company Limited (NNPC) has reduced the pump price of petrol at its retail outlets to N1,130 per litre in Lagos and N1,165 per litre in Abuja.…
Economy FG promises to protect economy from Middle East crisis March 11, 2026 New Daily Prime By Clement Abayomi The Federal Government has promised to protect Nigeria’s economy from the effects of the rising tension in the Middle East. The Minister of Finance and Coordinating Minister…
Economy Naira falls to N1,401/$ at official FX market amid global tensions March 11, 2026 Damilola The Nigerian currency, the Nigerian naira, traded at N1,401.4 per dollar on Tuesday at the official foreign exchange window. Data from the Nigerian Foreign Exchange Market (NFEM), the country’s official…
Economy Dangote Refinery cuts petrol price to N1,075 per litre March 10, 2026 Damilola The Dangote Petroleum Refinery has reduced its ex-gantry price of petrol to N1,075 per litre. According to the refinery’s latest pricing template released on Tuesday, the new rate reflects a…
Economy Nigeria’s petrol consumption drops amidst shifting refining landscape March 10, 2026 New Daily Prime By Iqrom Tesilim Nigeria’s daily petrol consumption has witnessed a notable decline, dropping to 56.9 million litres per day in February 2026, compared to 60.2 million litres per day in…
Economy Global oil prices cross $100 per barrel amid strait of Hormuz disruption March 9, 2026 Damilola Global crude oil prices surged past the $100 per barrel mark on Monday, recording their highest level since July 2022 as tensions in the Middle East continued to disrupt energy…
Economy Senate pushes for stronger CBN oversight of fintechs, tougher action on ponzi schemes March 5, 2026 Oloye Nigeria’s Senate has called for a stronger regulatory framework that would place the Central Bank of Nigeria (CBN) at the centre of supervising the country’s rapidly expanding financial technology sector,…
Economy Analysts urge states to boost internal revenue as VAT allocations rise March 4, 2026 Oloye Economic analysts have urged state governments to intensify efforts to grow their internally generated revenue (IGR) as allocations increase under the revised Value Added Tax sharing formula. In separate interviews,…
