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Nigeria's Power Generation Hits 6,003mw – Power Minister | Daily Report Nigeria
Business

Nigeria’s Power Generation Hits 6,003mw – Power Minister

FG has announced a historic achievement in Nigeria’s power sector, with power generation reaching 6,003 megawatts. According to the Minister of Power, Adebayo...

Fuel Price in Nigeria to Hit N1000 Per Litre
Business

Fuel Price May Drop Further As Crude Oil Prices Slide

The price of Premium Motor Spirit (petrol) may drop further due to the decline in crude oil prices. Oil prices fell about two...

Subsidy Removal: Marketers Beg Tinubu, NNPCL to Revive Refineries
Business

FG Moves to Pay N7.7trillion Fuel Subsidy Debts To NNPCL

The Nigerian government has confirmed plans to pay N7.74 trillion in fuel subsidy debts to the Nigerian National Petroleum Company Limited (NNPCL). The...

FG Mulls Shutting Down GAT Over Illegal Activities | Daily Report Nigeria
Business

FG Mulls Shutting Down GAT Over Illegal Activities

The federal government may shut down the General Aviation Terminal (GAT) at Abuja airport due to reports of money laundering and other criminal...

Dangote Refinery Gulps 13% of Nigeria Crude Exports – Report
Business

Dangote Refinery Buys 1m Barrels of Algerian Oil to Boost Capacity

Dangote refinery has purchased 1 million barrels of Algeria’s light sweet Saharan Blend crude. The deal was made with trading firm Glencore, and...

Multichoice Nigeria Defies FG, Increases DStv, GOtv Subscription Prices | Daily Report Nigeria
Business

Multichoice Nigeria Defies FG, Increases DStv, GOtv Subscription Prices

Multichoice Nigeria, parent company of DStv and GOtv, has increased subscription prices despite the Federal Government’s halt order. The company announced new prices...

NNPCL to Hand Over Nigerian Refineries to Private Firms
Business

NNPC Slashes Petrol Price to N860 Per Litre

The Nigerian National Petroleum Company Limited (NNPC) has reduced the price of petrol to N860 per litre. This move follows a recent reduction...

Dangote Refinery Gulps 13% of Nigeria Crude Exports – Report
Business

Dangote Refinery to Refund N65/Litre to Buyers

The Dangote Petroleum Refinery has announced a refund for customers who purchased petrol at higher rates than the advertised prices. The refund follows...