CBN Issues New Guidelines, Restrict BDC’s Purchase To Curb Forex Misuse
The Central Bank of Nigeria (CBN) on Monday released new guidelines permitting Bureau de Change (BDC) operators to purchase up to $25,000 weekly from Authorised...
Category : Business
Marketers Warm Up To Lift Petrol Price As Depots Increase Price Of Petroleum Product In Nigeria
Marketers have begun adjusting their prices following an increase in the loading cost of Premium Motor Spirit (PMS or petrol) and other refined petroleum products...
Dangote Refinery Expands International Reach, Exports Petrol To Four African Countries
Dangote Petroleum Refinery has made significant strides in its international operations, with recent exports of Premium Motor Spirit (PMS), commonly known as petrol, to Cameroon,...
Nigeria, France Forge Key Deals On Infrastructure And Growth
Nigeria and France have signed two major agreements to enhance critical infrastructure, agriculture, and food security, marking a milestone in their growing partnership. The deals,...
Port Harcourt Refinery Begins Oil Production After Years Of Inactivity
The Port Harcourt Refinery has officially resumed operations following an extensive renovation and modernization process that began in 2021. This refurbishment was part of a...
Dangote Refinery Announces Reduction In Petrol Price
A cut in the pump price of petrol is likely following Dangote Refinery’s reduction of its ex-depot price from N990 to N970 per litre. The...
FG Grants Oil Marketers Direct Petrol Purchases From Dangote Refinery
The Federal Government has granted petroleum marketers the authority to directly obtain petrol from the Dangote Refinery, allowing them to bypass the Nigerian National Petroleum...
Fuel Hike: President Tinubu Adopts Dangote’s Advice For Total Petrol Subsidy Removal -Oil Marketers
Petroleum marketers have stated that President Bola Tinubu took advice from Aliko Dangote, President of Dangote Group, to remove the petrol subsidy completely. Billy Gillis-Harry,...
Petroleum Marketers To Meet DSS On Petrol Pricing And Availability
Petroleum marketers are scheduled to meet with the Department of State Services (DSS) on Wednesday, October 9, 2024, to discuss the pricing and availability of...
President Tinubu Submits Fiscal Policy And Tax Reform Bills To The Senate
President Bola Tinubu has submitted the Fiscal Policy and Tax Reform Bill to the Senate, aiming to enhance tax collection, compliance, and revenue optimization. He...
