By: Babajide Okeowo Nigeria’s expenses on motor spirits (also known as fuel) and lubricants (processed) soared to N4.39 trillion in the first quarter of 2024. According...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
Nigeria’s Premium Motor Spirit (petrol) import bill increased by over 97 per cent in 2021 as confusion remains over consumption numbers. According to the National Bureau...
What looks like a serious row is brewing in the downstream oil sector with major oil marketers threatening total withdrawal of supply unless the Nigerian National...
There is no way Nigeria’s foreign reserves will not shrink as long more than 30 percent of the country’s earned foreign currency is used in importing fuel products annually, so says Finance Minister, Kemi Adeosun. She said also that food...
Unless urgent solution is found to the prevailing dollar scarcity facing Nigeria, the December holidays may be celebrated without fuel, and this is according to feelers from the Major Oil Marketers Association of Nigeria (MOMAN). Rising from...
