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Category: business news
Dangote Refinery reduces fuel prices and sells at ₦899.50 per litre.
Dangote Refinery has announced a reduction in the price of Premium Motor Spirit to ₦899.50 per litre, in a bid to offer Nigerians some relief as the holiday season approaches.…
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LASG SIGNS MOU WITH COMMONWEALTH COUNCIL FOR COLLABORATION ON TRADE, INVESTMENT
Summit, which will be held in the city of London in April 2025, to meet investors and showcase the best of what Lagos can offer. She said: “We would like…
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Bank Workers Blame CBN Naira Shortage
The Association of Senior Staff of Banks, Insurance, and Financial Institutions has attributed the worsening cash shortage across the country to the Central Bank of Nigeria’s inability to meet the…
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Dangote Refinery Reduces Their Default PMS Price To ₦970
The Dangote Petroleum and Petrochemicals has reduced the price of the Premium Motor Spirit (PMS) petrol from ₦990 to ₦970/ litre for marketers. The 650,000 barrels per day refinery, Group…
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IPMAN, Dangote Refinery Reach Agreement on direct pertrol supply
The Independent Petroleum Marketers Association of Nigeria has secured an agreement with Dangote Refinery to lift products directly. IPMAN’s National President, Abubakar Garima, announced this at an ongoing press briefing…
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Oil Imports Drop by 35% in Q2, 2024 – CBN
Nigeria’s oil imports dropped by 35 per cent in the second quarter of 2024, amounting to $2.79bn, down from $4.31bn in the previous quarter. This is according to the quarterly…
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Naira strengthens by 7.43% to N1750 against dollar at the black market
The Nigerian naira depreciated to N1675.49 and N1750 against the dollar at the official and parallel foreign exchange markets respectively at the close of trading on Thursday, October 1. The…
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Stop importing petrol we Have Enough , Dangote to NNPC Limited, other marketers
Aliko Dangote, on Tuesday, urged petroleum marketers, including the Nigerian National Petroleum Company Limited, to source petrol directly from his refinery to meet local demands. Dangote confirmed the refinery’s readiness…
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Stop importation, we’ve enough fuel for local consumption Dangote to NNPCL
The Chairman of Dangote Group, Aliko Dangote, on Tuesday, urged petroleum marketers, including the Nigerian National Petroleum Company Limited, to source petrol directly from his refinery to meet local demands.…
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Microsoft Introduces AI Agents to Automate Business Processes
Technology giant, Microsoft has announced that starting in November 2024, businesses will be able to build and manage autonomous Artificial Intelligence agents to handle routine tasks. The new capabilities, available…
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