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CATEGORY

Energy

Petrol Scarcity Will End in Two Weeks – IPMAN

The Independent Marketers Association of Nigeria has disclosed that the Premium Motor Spirit, known better as petrol, will be available and affordable soon. The IPMAN...

Russia Bans Oil Exporters From Adhering to Western Price Caps

The Russian government on Monday banned domestic oil exporters and customs bodies from adhering to Western-imposed oil price caps on Russian crude. The measure was...

Protests: Obaseki to Set up Committee to Monitor Fuel Distribution, Pricing in Edo

…to meet with stakeholders in distribution value chain to check scarcity, price hike   Following protests across the State on the scarcity and hike in the...

Nigeria to Spend N10 Trillion On Fuel, Naira Subsidy, Says El-Rufai

By Abdulwaheed Olayinka Adubi, Kaduna Governor of Kaduna state, Nasir El- Rufa’i, has disclosed that Nigeria planned to spend N6 trillion on fuel subsidy for...

Dangote Group Dismisses Reports on Commissioning of Refinery

Dangote Group has reacted to reports on the commissioning of its refinery this month. Reports emerged on Sunday (Not from MoneyCentral) that the multi-billion Naira...

Nigerians Spend More on Energy, Transportation In December 2022 – Data Reveals

By Abdulwaheed Olayinka Adubi According to the data from the National Bureau of Statistics (NBS), Nigerians spent more on the purchase of energy in December...

China Buying Russian Oil Above Price Cap – Bloomberg

Russia’s ESPO crude from the Far East is being sold above the Western-imposed $60 per barrel price cap in Asia, Bloomberg reported on Friday,...

Dangote Refinery Valuation to Soar Past $13.8bn on Completion

The Dangote Refinery valuation is set to soar once completed next year as the European Union seeks alternative supplies of refined products, due to...

Oil Prices Rise as Cap on Russian Crude Kicks In

Oil prices have risen amid concerns that a new cap on the price of Russian crude could disrupt global supplies in the coming months. A...

Hungary Exempt From Russian Oil Price Cap – FM

Hungary has been granted an exemption from the price cap on Russian oil set by the EU and the Group of Seven (G7) countries,...

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