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

BREAKING: Dangote reduces petrol price to N860/litre

Dangote Petroleum Refinery has announced a reduction in the ex-depot price of petrol by N65.00. The new price will be N825 per litre,...

Nigerians Reap Benefits Of CNG, Save Up To N36,000 Weekly | Daily Report Nigeria
Business

Nigerians Reap Benefits Of CNG, Save Up To N36,000 Weekly

Nigerians have shared the benefits of using Compressed Natural Gas (CNG) as an alternative to petrol, citing significant cost savings. Some Abuja residents...

CBN's Forex Policies Working, Naira Undervalued by 26.35% – Rewane | Daily Report Nigeria
Business

CBN’s Forex Policies Working, Naira Undervalued by 26.35% – Rewane

Bismarck Rewane, Managing Director of Financial Derivatives Company, has expressed confidence in CBN foreign exchange policies, stating they are yielding positive results. Rewane...

Multichoice to Increase DSTV, GOtv Subscription Prices in Nigeria Again | Daily Report Nigeria
Business

Multichoice to Increase DSTV, GOtv Subscription Prices in Nigeria Again

Multichoice, the parent company of DSTV and GOtv, is set to increase subscription prices in Nigeria. The price hike, which is the second...

Nationwide Fuel Scarcity Looms as IPMAN Gives FG 7-Day Ultimatum Over N100bn Debt | Daily Report Nigeria
BusinessNews

Nationwide Fuel Scarcity Looms as IPMAN Gives FG 7-Day Ultimatum Over N100bn Debt

Independent Petroleum Marketers Association of Nigeria (IPMAN) has given the Federal Government a 7-day ultimatum to pay its N100 billion bridging claim. Failure...

CBN Reacts to Naira Devaluation
Business

CBN’s FX Reforms Stabilize Naira, Says Expert

The Executive Director of the Osun River Basin, Mr Ayobami Oyalowo, has commended the Central Bank of Nigeria’s (CBN) foreign exchange reforms. Oyalowo...

Dangote Counters NMDPRA, Says Refinery Meets 100% of Nigeria's Petrol Requirements | Daily Report Nigeria
Business

Dangote Counters NMDPRA, Says Refinery Meets 100% of Nigeria’s Petrol Requirements

Aliko Dangote, President and Chairman of Dangote Group, has countered NMDPRA claim that local refineries meet only 50% of Nigeria’s petrol requirements. Dangote...

Blackout Looms As Workers Give Kaduna Electric 7-day Ultimatum | Daily Report Nigeria
Business

Blackout Looms As Workers Give Kaduna Electric 7-day Ultimatum

The National Union of Electricity Employees (NUEE) has issued a 7-day ultimatum to the Kaduna Electricity Distribution Company. The union is demanding that...