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.
Category : Search result: Nigeria fuel market
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.
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.
Dollar Crashes vs Naira - Trump Warns Nigerian Government
The US dollar experiences dramatic crash against Nigerian naira with official and black market rates converging. Former US President Donald Trump warns Nigerian government about economic policies. Latest exchange rate updates and market analysis.
NNPC Implements Major Petrol Price Reduction in Nigeria
Nigerians celebrate as NNPC announces major fuel price cuts at retail stations nationwide, bringing relief to motorists and businesses.
Security Guard Vanishes With Woman's 20 Litres of Fuel
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.
Dangote Vows No Fuel Queues During Christmas
Dangote Petroleum Refinery promises uninterrupted supply of Premium Motor Spirit and diesel during Christmas season, addressing fuel scarcity concerns across Nigeria.
NAFDAC: Violence Won't Stop Fake Goods Crackdown
NAFDAC remains resolute in fighting substandard products despite recent attacks on officials at Trade Fair Market. Agency promises intensified operations against fake goods.
Tinubu's ₦15 Fuel Levy Praised as Job Protection Move
Nigerian economic experts applaud President Tinubu's strategic ₦15 fuel import levy, calling it a revolutionary move to safeguard local jobs and boost economic sovereignty
Naira Hits ₦1,142/$1: Strongest Level in Weeks
Nigeria's Naira surges to ₦1,142 against the dollar, marking its strongest performance in weeks following significant dollar inflows and Central Bank interventions.
NGX Gains ₦285BN as Market Stages Impressive Comeback
The Nigerian Exchange Limited staged an impressive recovery, adding ₦285 billion in market capitalization as banking and insurance stocks led a bullish charge, reversing previous losses and signaling renewed investor confidence.
US Must Counter China's Rare Earth Dominance with Market Tactics
Strategic minerals expert warns America needs urgent market interventions to counter China's dominance in rare earth metals critical for defense and green technology.
Fuel Tax Delayed Until Naira Recovers, Oil Prices Fall
The Nigerian government delays controversial fuel tax implementation until economic conditions improve. Tax Chairman Taiwo Oyedele reveals the strategic pause awaiting naira appreciation and falling oil prices.
Fuel Crisis: Petrol May Hit ₦1000/Litre in Nigeria
Nigerians face potential petrol price surge to ₦1000 per litre as oil marketers warn of dire economic consequences unless President Tinubu addresses critical issues immediately.
FG imposes 15% tariff on imported fuel, prices to rise
Nigerians face higher fuel costs as Federal Government introduces 15% levy on imported petroleum products. Learn how this tariff will impact petrol and diesel prices across the country.
Asian Markets Rally on Apple, Amazon Earnings
Asian markets surge following impressive earnings from tech giants Apple and Amazon. Get insights on market trends, currency movements, and economic indicators shaping regional economies.
Petrol May Hit ₦1,163/Litre in New FG Plan
Nigerians brace for tougher times as the Federal Government's new petrol tariff could push pump prices to unprecedented levels while aiming to generate massive revenue.
Fuel Price War: Depot Owners Cut Rates to Match Dangote
Nigerian fuel depot owners have dramatically reduced petrol prices in response to competitive pressure from Dangote Refinery, bringing relief to consumers amid ongoing market shifts.
Tinubu Cuts Fuel Import Duties - Price Impact
In a major economic move, President Bola Tinubu has approved a 15% import duty reduction on petroleum products. Discover how this decision could affect fuel prices across Nigeria.
Naira Soars to 10-Month High Against Dollar
The Nigerian Naira experiences remarkable recovery, reaching its strongest position in 10 months as dollar exchange rates plummet across official and parallel markets.
Asia Markets Watch Trump-Xi G20 Meeting
Asian stock markets showed cautious trading as investors await the crucial meeting between US President Donald Trump and Chinese President Xi Jinping at the G20 summit. Get the latest analysis on market movements and economic implications.
FMCG Stocks Surge 200% in Nigerian Market Rally
Nigeria's FMCG sector experiences massive recovery as leading stocks deliver unprecedented returns, with some companies posting over 200% growth amid improved market conditions.
Samsung Profits Jump 32% in Q1 2024
Samsung Electronics reports impressive 32% profit surge in first quarter 2024, driven by AI boom and memory chip recovery. Find out how the Korean tech titan is beating expectations.
Nvidia Hits $5 Trillion - First Company Ever!
Nvidia don break all records for global market as e become first company wey reach $5 trillion valuation. See how dis AI chip maker dey change the tech world.
Nvidia Makes History as First $5 Trillion Company
Nvidia makes history as first company to hit $5 trillion market value, driven by AI revolution and massive demand for its chips. Nigerian tech community watches closely.
Asian Markets Join Wall Street's Record Tech Rally
Asian stock markets joined Wall Street's record-breaking rally as technology shares continue their impressive bull run. Discover which markets and tech giants are driving this global surge.
NGX Loses N91bn as Investors Cash Out
The Nigerian Exchange witnessed significant profit-taking activities this week, resulting in a staggering N91 billion decline in market capitalization amid mixed trading sessions.
Nigeria Stock Market Loses ₦90B in Single Day
Nigeria's equity market extends losing streak as investors watch ₦90 billion vanish in Tuesday's trading session. Key stocks plunge amid sustained bearish pressure.
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