Shell Petroleum B.V. has announced the sale of its full interest in Shell Nigeria Gas Group to Vaaris Energy Limited, a Nigerian company. In a statement on Tuesday, the company said the…
Category: Business
Things To Know About NNPC Cheap Fuel
THE Nigerian National Petroleum Company Limited (NNPC) has announced that only motorists who download its mobile application and make payments digitally can access its N66-per-litre petrol discount. The new discounted price is…
Moove company exits Nigeria after six years operation
Moove, the global mobility company founded in Lagos, has announced plans to conclude its operations in Nigeria six years after launching in the country. As part of its exit, the company said…
Steps to Buy Dangote Refinery Shares for Nigerians
THE Dangote Refinery IPO will open for public subscription on Monday, September 14, 2026, giving Nigerians an opportunity to own shares in one of Africa’s largest industrial assets. But how exactly can…
Dollar-Naira Rate Hits New Level At Official And Parallel
THE Naira traded at different levels against the United States Dollar across Nigeria’s official and parallel foreign exchange markets on Wednesday, September 2, 2026. . At the Nigerian Foreign Exchange Market, the…
Again, Dangote Hikes Petrol Price
NEWS UPDATE THE Dangote Petroleum Refinery has increased the gantry price of Premium Motor Spirit (petrol) from N1,185 to N1,200 per litre, effective August 26, 2026. The hike comes barely days after…
Dangote Raises Diesel Price Per Litre
News Update THE Dangote Refinery has increased the price of Automotive Gas Oil, AGO, otherwise known as diesel, at its gantry nationwide as crude oil prices surged above $94 per barrel. A…
Trucks: Dangote offers N500,000 reward for whistleblowers
Dangote Industries Limited has intensified efforts to combat illegal haulage activities involving its trucks by unveiling a public whistleblowing initiative that offers a cash reward to individuals who provide credible information leading…
NNPCL drops fuel price
News Update THE Nigerian National Petroleum Company Limited has reduced its premium motor spirit pump price for the second time in less than two weeks. A market survey by Online Newspaper on…
Naira Gains Slightly Against Dollar Tuesday
News Update THE Naira recorded a marginal appreciation against the United States Dollar at the official foreign exchange market on Monday, ending a four-day streak of depreciation and beginning the week on…