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Dangote insists IOCs frustrating crude oil supply demands to refinery

THE management of Dangote Industries Limited (DIL) has insisted that the International Oil Companies (IOCs) operating in Nigeria consistently...
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FAAC allocation to tiers of government rises to N1.35trn in June

THE Federation Accounts Allocation Committee (FAAC) shared N1.35 trillion among the three tiers of government in June 2024 out...
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Why July inflation will increase despite rice palliative, import-duty incentives

THERE are huge concerns that macroeconomic fundamentals are revealing that Nigeria's inflation figures for July will be much higher...
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Naira depreciates against dollar despite CBN’s $122.67m intervention

THE naira depreciated against the dollar in the just concluded week despite the Central Bank of Nigeria's (CBN) $122.67...
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Nigeria’s headline inflation rises further to 34.19%

NIGERIA's headline inflation rose to 34.19 per cent in June from 33.95 per cent in May. The National Bureau of...
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Fuel scarcity hits NNPCL stations as marketers await products from Dangote

THE ongoing fuel scarcity across the states has hit most of the Nigerian National Petroleum Company Limited (NNPCL) filling...
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