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Oil marketers have urged refiners, depot owners and petroleum products importers to reflect the recent decline in international crude oil prices in their ex-depot and retail pump prices of petroleum products. The post Petrol prices: Oil marketers urge refiners to…
Read moreThe Nigerian Navy has intercepted approximately 103,500 litres of suspected illegally refined Automotive Gas Oil (AGO), commonly known as diesel, and uncovered a suspected illicit petroleum distribution route in Rivers State. The post Nigerian Navy uncovers illicit fuel supply route,…
Read moreNigeria’s external reserves climbed to $51.04 billion on June 18, 2026, marking their highest level in about 17 years as stronger foreign exchange inflows and improved market conditions continued to support the country’s reserve position. The post Foreign reserves rise…
Read moreThe Data and Artificial Intelligence (AI) segment continues to stand out as one of the highest-paying areas within the global technology industry, supported by sustained demand for specialist skills and an ongoing “AI premium” driven by talent scarcity. The post…
Read moreThe 2025 financial year will likely be remembered as one of the most transformative periods in Nigeria’s downstream petroleum industry. The continued implementation of market-based fuel pricing, changing supply-chain dynamics, and increasing domestic refining capacity reshaped competitive conditions across the…
Read moreBillionaire investor and Chairman of First HoldCo Plc, Femi Otedola, has acquired approximately 680 million shares in the company through its recently concluded private placement, giving him a 20.42% stake in the financial institution. The post BREAKING: Femi Otedola acquires…
Read moreThe Nigerian equities market extended its bearish run on Thursday as a broad-based selloff swept through all major sectors, pushing the NGX All-Share Index lower by 1.41% and erasing N2.18 trillion from investors’ wealth. The post Nigerian equities bleed N2.18…
Read moreThe Federal Government has issued implementation guidelines for the transition from the repealed tax laws to the new Tax Acts 2025, which take effect from January 1, 2026. The post Tax Acts 2025: FG issues guidelines for January 2026 transition…
Read moreThe National Economic Council (NEC) on Thursday approved N83.2 billion to mitigate the impact of anticipated flooding and other climate-related emergencies across the country. The post NEC approves N83.2 billion to tackle flood emergencies across Nigeria appeared first on Nairametrics.
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