oil

107 Articles
Metro

Governor Soludo’s Battle Against Kidnapping in Anambra State: A Lucrative Criminal Enterprise

In a bold and direct address from Awka, the capital of Anambra State, Governor Charles Soludo has shed light on a troubling trend...

Politics

Primate Elijah Ayodele Warns Tinubu: Gloomy Economic Days Ahead if Hardship Not Addressed

On Friday, Primate Elijah Ayodele, the leader of the INRI Evangelical Spiritual Church, issued a stark warning to President Bola Tinubu concerning Nigeria’s...

Economy

Dangote Refinery Turns to International Markets for Crude Oil Amid Local Shortages

Dangote Petroleum Refinery, one of Africa’s largest, has announced plans to import crude oil feedstock due to insufficient supply from the Nigerian National...

Politics

The Cost of Loading Premium Motor Spirit (Petrol) and Other Refined Petroleum Products at Depots Rose on Monday

On Monday, the cost of loading Premium Motor Spirit (PMS), commonly known as petrol, and other refined petroleum products at depots across Nigeria...

Politics

Imo State Governor Presents N756 Billion 2025 Budget Aimed at Economic Expansion

On Monday, Governor Hope Uzodimma of Imo State unveiled the 2025 budget to the state’s House of Assembly, proposing a hefty N756 billion...

Economy

Nigeria’s Inflation Hits 34.6% in November 2024: Rising Food Prices Dominate

Nigeria’s inflation rate climbed to 34.6% in November 2024, marking an increase from 33.8% in October, according to the latest Consumer Price Index...

Economy

Impact of Naira Depreciation on Nigeria’s Manufactured Goods Trade in Q3 2024

The steep depreciation of the naira since June 2023 has left a significant mark on Nigeria’s trade landscape, particularly in the manufacturing sector....

Economy

Dangote Refinery Resumes US Crude Oil Purchases Amid Domestic Supply Challenges

The Dangote Refinery has resumed purchasing crude oil from the United States to increase its refining capacity and boost production levels. This marks...

Crime & conflict

Nigeria and India Reaffirm Strategic Partnership with Renewed Commitments to Growth and Development

Nigeria and India have taken a significant step forward in strengthening their strategic partnership with new commitments to economic development, defence cooperation, healthcare,...

World

Tinubu vs. Obasanjo: Afenifere Chieftain Counters Failing State Allegations

The National Organising Secretary of Afenifere, Mr. Kole Omololu, has asserted that President Bola Tinubu’s brief tenure in office already signals a trajectory...