Cooking Gas Prices Surge Above N1,100 Nationwide
Nigerians face painful cooking gas price hikes as costs reach N2,000 per kg in Abuja, Lagos, and other cities. Marketers blame supply disruptions and logistics challenges for the crisis.
Category : Search result: petroleum prices
Dangote Triggers Petrol Price Crash in Nigeria
Dangote Refinery's price cut forces filling stations to reduce petrol prices. MRS, AP, Heyden stations react as marketers halt imports. Read the latest market analysis.
FG Launches N250BN Food Security Fund
The Nigerian government unveils massive intervention fund to boost agricultural production and stabilize food markets across the nation.
Trump Unveils Plans to Cut Weight-Loss Drug Costs
Former President Donald Trump announces groundbreaking initiatives to reduce costs of popular weight-loss medications, potentially transforming healthcare access for millions.
Dangote Refinery Sparks Cooking Gas Crisis in Nigeria
Nigeria faces an impending cooking gas crisis as Dangote Refinery unexpectedly hikes prices by 25%, triggering panic among dealers and consumers across the nation.
Dangote Refinery Slashes Diesel Price to ₦1,000/Litre
Aliko Dangote's mega refinery triggers nationwide economic shift with dramatic diesel price reduction, offering relief to Nigerian businesses and consumers amid inflation pressures.
Court dismisses Dangote's ₦100bn suit against NNPC
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.
FG Plans Refinery Sale to Boost Competition
The Federal Government is considering selling the country's struggling refineries to private investors as part of a comprehensive strategy to revitalize Nigeria's oil and gas sector, increase competition, and achieve energy self-sufficiency.
BMW Reports Profit Surge, Shares Jump 5.5%
German luxury automaker BMW reports unexpected profit jump, sending shares soaring by 5.5% as premium vehicle sales defy economic challenges. Full-year outlook remains strong despite market volatility.
Dangote Refinery Cuts Petrol Prices, Shakes Market
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 Raises Profit Forecast Amid Nigerian Tariff Concerns
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.
Cooking Gas Prices Surge Again: Scarcity Warning Issued
Nigerians face another round of cooking gas price hikes as dealers predict severe scarcity. Discover the causes and economic impact on households.
NLC: Democracy Failing as Election Prices Soar
Nigeria Labour Congress raises urgent concerns about the deteriorating state of democracy and economic hardship facing citizens during election periods as basic commodity prices surge uncontrollably.
BP Profit Surges to $2.7B as Oil Prices Soar
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.
Fed's Cook: Inflation to Stay Elevated in 2024
Federal Reserve Governor Lisa Cook signals persistent inflation concerns as price pressures prove more resilient than expected, impacting global economic outlook.
Fuel Price Surge: ₦200 Extra Per Litre in Nigeria
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.
Fuel importers warn Tinubu over 15% tariff crisis
Nigerian fuel marketers demand President Tinubu address 15% NAC tax or face nationwide fuel price increases. Coalition warns of economic consequences.
Cooking Gas Prices Surge: New Rates Shock Nigerian Households
Nigerian families face mounting pressure as cooking gas dealers announce sharp price increases nationwide. Discover the new rates for 12.5kg, 6kg, and 5kg cylinders and what's driving this energy crisis.
Hallelujah Challenge Festival Prices Spark Outrage
A Nigerian woman's emotional video about inflated prices at Nathaniel Bassey's Hallelujah Challenge festival has sparked massive reactions online as attendees confirm shocking costs.
Germany Slashes Industrial Power Costs from 2025
German government announces significant electricity price cuts for industries starting January 2025, offering relief to manufacturers amid economic challenges.
Dangote Refinery Hits 70M Litres, NNPC Cuts Petrol Prices
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.
Tinubu's 15% Petrol Tax Sparks Marketers' Outrage
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.
Imported Petrol Cheaper Than Dangote Refinery in 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.
Multichoice Slashes Decoder Prices for Christmas Season
Multichoice Nigeria announces massive price cuts on DStv and GOtv decoders just in time for Christmas. Limited-time offers make premium entertainment more affordable for Nigerian families.
NAPS Supports Dangote Refinery: Energy Revolution
The National Association of Polytechnic Students declares full support for Dangote Petroleum Refinery, urging Nigerians to embrace this monumental achievement in energy independence.
CSOs Praise FG's 15% Fuel Import Levy
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.
Nigerian Workers Suffocate Under Fuel Price Hikes
NASU sounds alarm over worsening economic crisis as workers struggle to survive amid skyrocketing living costs and relentless fuel price hikes across Nigeria.
Tinubu gets voter backing on fuel import duty
Key voter advocacy groups throw weight behind President Tinubu amid 15% fuel import duty debate, signaling crucial political backing for economic reforms.
Fuel Price Shock: Petrol Hits N889/Litre in Nigeria
Nigerians face mounting anxiety as depot owners implement sharp petrol price increases, with costs reaching N889 per litre amid distribution challenges and economic uncertainty.
OPEC Poised for Major Oil Production Increase
OPEC+ considers significant oil output hike as energy markets face mounting pressure from supply disruptions and geopolitical tensions. Key decisions expected in upcoming meeting.
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