The Independent Petroleum Marketers Association of Nigeria has explained how the reduction in the price of Premium Motor Spirit pushed the price of liquefied petroleum gas, popularly known as cooking gas, down….
Category: Business
Naira to Dollar, other foreign currencies rate Friday
News Update THE exchange rate for the US dollar (USD) to Nigerian Naira (NGN) in the parallel market, also known as black market, as of 25th April 2025, is out. This rate…
UBA rakes in N189.84bn profit in 2025 first quarter, earnings soar 33% — Report
United Bank for Africa (UBA) has reported a robust profit of N189.84 billion for the first quarter of 2025, reflecting a strong financial performance and a solid start to the year. …
Naira to Dollar, other currencies rate Thursday
News Update THE Nigerian Naira (NGN) to US dollar (USD) and other foreign currencies exchange rate in the parallel market, also known as black market, as of Thursday 17th April 2025. Voice…
Dangote Refinery again slashes petrol price, see latest price
Dangote Refinery Limited has again slashed prices of its Premium Motor Spirit (PMS), otherwise called petrol to ₦835 per litre. This is coming after the recent implementing a ₦15 price reduction…
Again Petrol Price Reduced
News Update THE Dangote Petroleum Refinery has reduced the price of petrol once more, setting it at N835 per litre. This is a drop from the previous N865 per litre. The new…
Inside Nigeria: Why Residents are yet to enjoy fuel price drop
THE Independent Petroleum Marketers Association of Nigeria has explained that the eventual renewal of the naira-for-crude deal between the Nigerian government, the Dangote Refinery and other refiners could not crash the price…
Trump’s Tariff Pause: Naira Breaks Record Against Dollar
The naira recorded its highest appreciation against the dollar at the official foreign exchange market on Thursday after United States of America President, Donald Trump paused tariff increase. Data from the Nigerian…
Naira to Dollar, other foreign currencies rate Thursday
News Update THE Nigerian Naira (NGN) to US dollar (USD) and other foreign currencies exchange rate in the parallel market, also known as black market, as of Thursday 10th April 2025, is…
Crude Clash: NNPC Suspension Hits Dangote Refinery, Drags Down OPEC Output
The decision of the Nigerian National Petroleum Company Limited to suspend crude supply to the Dangote and other refineries affected the output of the Organisation of the Petroleum Exporting Countries in March….