Latest News for: Nigeria fuel

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Soaring prices threaten Nigeria's malaria control

Beijing News 26 Apr 2024
Like most commodities, the cost of anti-malarial drugs has gone through the roof in recent months amid Nigeria's growing cost of living crisis, fueled by the withdrawal of fuel subsidy payments and currency control measures.
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Soaring prices threaten Nigeria’s malaria control

Voa News 26 Apr 2024
Like most commodities, the cost of anti-malarial drugs has gone through the roof in recent months amid Nigeria’s growing cost of living crisis, fueled by the withdrawal of fuel subsidy payments and currency control measures.
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Tinubu: We Will Continue to Take Difficult Decisions for Nigeria Despite Short-term Pain

This Day 26 Apr 2024
... transactions, removal of the fuel subsidy, and the readiness of the Central Bank of Nigeria to provide the necessary window to allow foreign companies repatriate their profits, among others.”.
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Moghalu Addresses 20 Global Investors on State of Nigerian Economy

This Day 25 Apr 2024
Nigeria . ... A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof ... “Nigeria ... The event also focused on the “subsidy trinity” of fuel, currency, and electricity subsidies that have been the cornerstone of Nigeria’s reform agenda.
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Oborevwori: Functional Refineries Can Solve Nigeria’s Forex Crisis

This Day 24 Apr 2024
Nigeria .. Delta State Governor, Sheriff Oborevwori, has said making refineries in Nigeria work again would save the nation foreign exchange for fuel importation.
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FG Launches New Fiscal Incentives to Revamp Oil, Gas Sector, Aims to Attract $10bn Investment

This Day 24 Apr 2024
... commitment to reaching its long term oil production target of 4 million barrels per day, while enhancing the reliability of gas supply to boost export earnings and fuel Nigeria’s industrialisation.
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Ex-British Envoy Urges Nigeria to Reject IMF’s Projected Low Economic Ranking

This Day 23 Apr 2024
Nigeria . ... The Fund in its recent World Economic Outlook as reported by Bloomberg, estimated Nigeria’s Gross Domestic Product (GDP) at $253 billion behind South Africa, $373 billion; Egypt, $348 billion; and Algeria, $267 billion.
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Economic Hardship Persists as Petrol Sells for N761, Diesel N1,566, Kerosene N1,875 in Parts of Nigeria

This Day 23 Apr 2024
... driven mainly by the current economic reforms embarked upon by the Bola Tinubu administration, the dynamics of international energy rates as well as Nigeria’s inability to refine its fuels locally.
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Binance Exec, Who Fled Nigeria, Denies Report of Extradition from Kenya

Coinspeaker 22 Apr 2024
Binance Exec, Who Fled Nigeria, Denies Report of Extradition from Kenya. The supremacy battle between Nigeria and leading cryptocurrency exchange Binance Holdings Ltd, has significantly impacted the exchange operations in the country.
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IMF: Nigeria’s Government Policies in Right Direction

This Day 20 Apr 2024
Nigeria . ... He also commended the attempt to remove fuel subsidy in Nigeria and stressed the need for its complete removal, maintaining that fuel subsidy mostly benefits the rich ... I think Nigeria first and foremost needs to diversify its economy.
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Refinery: Report on High Sulphur Diesel False, Mischievous, Says Dangote

This Day 20 Apr 2024
Nigeria . ... It added that Dangote has been shipping products in recent weeks while readying two units to enable petrol output that will deliver a long-promised transformation of the fuel market both in Nigeria and the region, according to analysts.
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Bloomberg: Dangote Refinery Getting a Third of Its Crude from US, Set to Shake W’African Supply Market

This Day 19 Apr 2024
According to Bloomberg, Dangote has been shipping products in recent weeks while readying two units to enable petrol output that will deliver a long-promised transformation of the fuel market both in Nigeria and the region, according to analysts.
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Tinubu Lauds Dangote Group for Reducing Diesel Pump Price

This Day 18 Apr 2024
Aside diesel, aviation fuel and a few others, which it currently produces, the icing on the cake for the refinery is expected next month, when it begins to refine petrol, Nigeria’s most used fuel.
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In Major Move, Dangote Crashes Diesel Price to N1,000/litre from N1,200

This Day 17 Apr 2024
Nigeria . ... The Dangote refinery is expected to significantly reduce Nigeria’s dependence on imported petroleum products as the nation currently imports nearly all of its fuels due to the its insufficient refining capability.
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Seplat Energy Celebrates 10 Years of Dual Listing on NGX, LSE

This Day 17 Apr 2024
Nigeria . ... We are investing in Nigeria ... This aligns with Nigeria’s broader energy goals, promoting cleaner energy sources, reducing reliance on traditional fossil fuels and driving a greener and more sustainable energy landscape in Nigeria.

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