Electricity tariff hike: FG releases new guidelines
The Nigerian Electricity Regulatory Commission, NERC, has issued new guidelines for electricity pricing increases in the country's electrical supply business.
In a recent order, NERC's...
Why Tinubu increased 2025 Budget from N49.7trn to N54.2trn – Bagudu
In an unexpected move on Wednesday, President Bola Tinubu pushed up the projected 2025 budget from the N49.7 trillion he had handed to the...
CBN extends forex purchase deadline for BDCs to May 30
The Central Bank of Nigeria has extended the deadline for Bureau de Change (BDC) operators to buy foreign exchange (FX) from the Nigerian Foreign...
Expect another electricity tariff hike within months – Presidential aide, Olu Verheijen
Olu Verheijen, Special Adviser to President Bola Tinubu on Energy, predicts that Nigeria's energy rate would rise in the coming months.
She said this at...
Dangote refinery slashes petrol price to N890/litre
Citing positive developments in the global energy sector and a significant decline in international crude oil prices, Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), also known as petrol, from N950 to N890 per litre, effective Saturday.The company stated that the decision to slash prices is also part of plans to drive economic relief for Nigerians.
Dangote Refinery’s decision reflects its...
