Shafa Energy, a subsidiary of AYM Shafa Holdings Limited, has launched its compressed natural gas (CNG) brand, Shafa CNG, with the unveiling of a new station in Abuja. The move …
fuel subsidy removal
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BusinessEnergyEnvironmentGOVERNMENTNigeriaTransportation & Logisitics
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BusinessBusiness InsightsEastern AfricaEconomyEnergyNigeriaNorth AfricaOil & GasSouth AfricaTransportation & LogisiticsWestern Africa
Petrol Price Rises 76.73% in One Year, Now N1,239/Litre – NBS
The average pump price of Premium Motor Spirit (PMS), also known as petrol, jumped by 76.73 per cent year-on-year in April 2025, reaching N1,239.33 per litre, according to data released …
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Banking, Finance & InvestmentBusinessEconomyFinance & ServicesINVESTMENTNigeriaTrade and CommerceWestern Africa
Rand Merchant Bank Supports Tinubu’s Reforms, Predicts Stronger West African Trade
Rand Merchant Bank Nigeria has thrown its weight behind the economic reforms of President Bola Ahmed Tinubu, saying the policies are vital to driving trade and investment growth across West …
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Nigeria’s inflation rate has gone up again, according to new data released by the National Bureau of Statistics (NBS). The annual inflation rate stood at 24.23% in March 2025, rising …
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Nigeria’s Minister of State for Finance, Doris Uzoka-Anite, has said that the country’s tough economic reforms are now beginning to show positive signs, and investors who were previously worried are …