Category : Search result: petroleum industry


APC's Emami Warns Against 15% Fuel Import Tariff

Prominent APC leader Henry Emami raises urgent concerns about Nigeria's planned 15% fuel import levy, predicting severe economic consequences including higher transportation costs and increased inflation for ordinary Nigerians.

Tinubu imposes 15% tariff on imported fuel

President Tinubu's administration has introduced a 15% import levy on petroleum products, signaling major changes for Nigeria's energy sector and potentially affecting fuel costs across the nation.

Tinubu Cuts Petrol Import Duty to 15%

In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost Nigeria's energy sector.

TEIC 2025 to Revolutionize Nigeria's Event Industry

The Tourism and Events International Conference 2025 promises to transform Nigeria's event landscape with cutting-edge technology, networking opportunities, and empowerment initiatives for industry professionals.

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.

Tinubu Slashes Petrol Import Duty to 15%

In a major economic move, President Bola Tinubu has approved a significant reduction of import duty on petroleum products from 35% to just 15%, aiming to ease fuel costs and boost economic activities across Nigeria.

Oil Marketers Warn Against Monopoly in Nigeria

Major petroleum marketers in Nigeria are raising concerns about market dominance and calling for transparent access to facilities to ensure fair competition in the downstream oil sector.

GloRilla vs Megan: Stylist Drama Fuels Beef Rumours

Fresh drama erupts in hip-hop as GloRilla and Megan Thee Stallion's stylists clash online, fueling speculation of a growing rift between the two rap stars. Get all the tea on this developing story!

Akwaamaka Music Launches Revolutionary Lagos Studio

Lagos-based entertainment powerhouse Akwaamaka Music launches revolutionary recording facility, offering cutting-edge technology and training programs to elevate Nigeria's music industry standards.

Detty December 2025: Who Will Deliver the Anthem?

As anticipation builds for Detty December 2025, music industry insiders reveal which Nigerian artists are frontrunners to deliver the ultimate party anthem. Get exclusive insights into the contenders and predictions.

Nigeria signs $400m steel production deal

Federal Government partners with African Natural Resources and Mines Limited in landmark agreement to boost domestic steel manufacturing and reduce import dependency.

Economic Saboteurs Threaten Dangote Refinery - NAPS

The National Association of Petroleum and Natural Gas Senior Staff calls for immediate federal intervention to protect Africa's largest refinery from economic saboteurs undermining Nigeria's energy independence.

BASF Profit Dips 37%, Demands EU Cut Red Tape

German chemical company BASF reports significant profit drop, calls on European Union to reduce bureaucratic hurdles affecting business competitiveness in latest earnings report.

Mercedes Profit Plunge: Nexperia Chips Assured

Mercedes-Benz reports significant profit drop while reassuring investors about Nexperia chip supplies. Latest financial results show 30% EBIT decline as luxury car market faces headwinds.

Nigeria's $1 Trillion Economy Target Now Within Reach

Minister of Industry, Trade and Investment Doris Anite announces Nigeria's ambitious $1 trillion economy target is more achievable than ever, citing recent economic reforms and investor confidence.

Nigeria's Aviation Paradox: Potential vs Poor Connectivity

Despite being Africa's most populous nation with enormous aviation potential, Nigeria ranks among the world's least connected countries by air. Discover the challenges holding back Nigeria's aviation sector and the opportunities waiting to be unlocked.

NB Hits ₦1.04 Trillion Revenue in 9 Months

Nigerian Breweries Plc achieves unprecedented financial performance with ₦1.04 trillion revenue in nine months, showcasing remarkable growth despite economic challenges.

Boko Haram Forced Jonathan to Keep Fuel Subsidy - Sanusi

Former CBN Governor Sanusi Lamido Sanusi reveals how Boko Haram insurgency compelled President Goodluck Jonathan to reverse fuel subsidy removal in 2012, exposing the intricate link between terrorism and economic policy in Nigeria.

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