In spite of setbacks recorded in 2025, both in local and global markets, motorists have ended the year only slightly worse off when it comes to fuel prices. The year …
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Tag:
OIL MARKET
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BankingBusinessEconomyEnergyForeign ExchangeNigeriaOil & Gas
Naira strengthens at official market as FX inflows fall 33%
The naira appreciated against the United States dollar in the official foreign exchange market on Monday, closing at ₦1,465.29 per dollar, even as Nigeria recorded a sharp 33 per cent …
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BusinessEnergyGovernanceInternational RelationsOil & Gas
NNPC Congratulates Maryamu Idris on Appointment as Nigeria’s OPEC National Representative
The Nigerian National Petroleum Company Limited (NNPC) has congratulated Mrs. Maryamu Idris on her appointment as Nigeria’s National Representative to the Organisation of the Petroleum Exporting Countries (OPEC). The appointment, …
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BusinessEconomyEnergyGOVERNMENTManufacturing & Consumer Goods
NNPCL raises petrol pump price to N950/litre
The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of petrol to N925 per litre in Lagos and N950 per litre in Abuja, following weeks of speculation …
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Nigeria now ranks seventh on Organization of the Petroleum Exporting Countries’ crude oil production list, according to the organization’s Monthly Oil Market Report for November, which examined oil production performance …