Northern Industries Back 15% Power Tariff Hike
Major northern industrial associations endorse new electricity tariff, citing long-term economic benefits despite initial cost concerns for manufacturers and households.
Major northern industrial associations endorse new electricity tariff, citing long-term economic benefits despite initial cost concerns for manufacturers and households.
The Nigerian Ports Authority expresses deep concern as local importers and exporters fail to maximize Africa's deepest seaport, raising questions about economic priorities.
Nigerians celebrate as Dangote Refinery's market impact forces petrol prices down across filling stations. Get the latest on fuel cost reductions and economic implications.
Nigeria Ports Authority exposes shocking underutilization of Lekki Deep Sea Port as local businesses fail to leverage Africa's deepest port facility, missing massive trade opportunities.
In a dramatic turnaround, Dangote Refinery has withdrawn its lawsuit challenging the NMDPRA's issuance of import licenses to competitors. Discover how this decision could reshape Nigeria's energy landscape and fuel pricing.
Nigeria receives special invitation to China International Import Expo as bilateral trade relations strengthen between Africa's largest economy and Asian giant.
Major northern industrial groups endorse controversial electricity tariff increase, arguing it will stabilize Nigeria's power sector and attract critical investment despite consumer concerns.
Nigerian businesses are positioning for significant economic recovery through strengthened trade partnerships with China at the Shanghai Import Expo, signaling new hope for commerce.
In a groundbreaking move to revitalize Nigeria's oil sector, the Federal Government and manufacturers have agreed to privatize the Port Harcourt refinery and other national refineries, promising to end fuel import dependency.
Federal High Court dismisses Aliko Dangote's massive lawsuit against NNPC Limited and regulatory authorities in major oil industry legal battle over import permit denial.
American Supreme Court justices express serious doubts about Trump-era tariff legality, raising concerns about global trade implications and potential impacts on Nigerian importers and consumers.
Dangote Refinery and its depots have significantly reduced petrol prices to ₦880.5 per litre, creating intense market competition and potential relief for Nigerian consumers.
In a dramatic market move, Dangote Petroleum Refinery has significantly reduced petrol prices, triggering a competitive battle that's transforming Nigeria's downstream oil sector and bringing relief to consumers.
Toyota Motor Corporation significantly increases its full-year profit projections amid weak yen and strong sales, but Nigerian consumers may bear the brunt through increased tariffs.
Amid economic reforms and national challenges, President Bola Tinubu maintains significant public confidence as Nigerians recognize the necessity of difficult decisions for long-term prosperity.
Economist Dr. Muda Yusuf advocates for transparent investment of subsidy removal funds into roads, power, and social infrastructure to boost Nigeria's economy.
British energy giant BP announces staggering $2.7 billion quarterly profit amid soaring oil prices, marking a dramatic turnaround from previous losses and signaling strong market recovery.
As PENGASSAN oil workers threaten nationwide strike over minimum wage disputes, Nigeria faces potential economic paralysis. Explore the delicate balance between workers' rights and national survival.
Nigerians are facing another petrol price hike as filling stations across the country implement additional charges of ₦200 per litre, worsening the ongoing fuel crisis and economic hardship.
Nigerian fuel marketers demand President Tinubu address 15% NAC tax or face nationwide fuel price increases. Coalition warns of economic consequences.
President Tinubu's new 15% import tariff sparks nationwide concern as experts warn of devastating impact on cost of living and struggling businesses.
Nigeria's energy sector experiences major transformation as Dangote Refinery achieves massive production capacity while NNPC implements nationwide fuel price reductions, bringing relief to millions of Nigerians.
Nigerian petrol marketers react strongly to President Tinubu's new 15% import tax policy, warning of severe consequences for fuel prices and economic stability across Nigeria.
Nigerian fuel market experiences dramatic shift as imported petroleum products undercut Dangote Refinery prices following President Tinubu's tariff reforms. Discover how this price war is reshaping Nigeria's energy landscape.
Former US President Donald Trump's controversial tariff proposal encounters legal hurdles as Supreme Court prepares landmark ruling that could reshape international trade and affect Nigerian economy.
Nigerian civil society organizations are applauding the Federal Government's strategic 15% tariff on imported refined petroleum products, hailing it as a game-changer for local refining capacity and economic growth.
NASU sounds alarm over worsening economic crisis as workers struggle to survive amid skyrocketing living costs and relentless fuel price hikes across Nigeria.
Nigerians celebrate as NNPC announces major fuel price cuts at retail stations nationwide, bringing relief to motorists and businesses.
A Nigerian woman shares her heartbreaking experience after a security guard she trusted disappeared with 20 litres of precious fuel. Her viral story serves as warning to others.
Key voter advocacy groups throw weight behind President Tinubu amid 15% fuel import duty debate, signaling crucial political backing for economic reforms.