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Ban on Foreign Goods: PETROAN Warns of Fuel Price Hikes, Shortages
The Petroleum Products Retail Owners Association of Nigeria (PETROAN) has cautioned President Bola Ahmed Tinubu about the potential consequences of banning foreign goods...
Olaitan Sodiq
Dangote Reveals True Obstacles to His $20bn Refinery’s Success
Aliko Dangote clarifies that major oil marketers and traders, not the new NNPC board, are frustrating his refinery’s operations. Dangote praises President Bola...
Olaitan Sodiq
Nigeria’s Economic Woes Deepen as Oil Prices Plummet to $60
Crude oil prices have fallen below $60 per barrel, raising concerns about Nigeria’s ability to fund its 2025 budget without resorting to more...
Olaitan Sodiq
FG approves National Integrated Electricity Policy to transform power sector
The Federal Government has approved the National Integrated Electricity Policy (NIEP) to transform the power sector. The policy provides a comprehensive framework for...
Olaitan Sodiq
Meta, NDPC Engage in Talks to Prevent Exit from Nigerian Market
The National Data Protection Commission (NDPC) is in active discussions with Meta and WhatsApp to resolve issues that led to Meta threatening to...
Olaitan Sodiq
Crude Oil Price Crash Threatens Revenue, Naira Stability
Brent crude prices have plummeted to $59.25 per barrel, threatening Nigeria’s economy. Nigeria could lose up to N19.6 trillion in projected oil revenue,...
Olaitan Sodiq
Power Minister Urges Cost-Reflective Tariffs Amidst N4 Trillion Debt Crisis
Minister of Power, Adebayo Adelabu, says the economy can no longer sustain blanket electricity subsidies. Alabu urges Nigerians to prepare for cost-reflective electricity...
Olaitan Sodiq
Nigeria’s Poverty Crisis: 75.5% of Rural Population Lives Below Poverty Line
The World Bank reports that 75.5% of rural Nigerians live below the poverty line, highlighting deepening economic hardship and inequality in the country’s...
Olaitan Sodiq
