Business

Nigeria Joins BRICS: Unlocking New Economic Opportunities and Global Influence

In a significant development, Brazil's government has announced Nigeria's acceptance as a partner country in the BRICS multinational bloc of nations. This move is...

Petrol Prices Surge to N1,150 per Liter Following Dangote Refinery’s Price Hike

In a significant development affecting Nigeria's downstream petroleum sector, the retail price of Premium Motor Spirit (PMS), commonly known as petrol, has escalated to...

Dangote Refinery Increases Petrol Price to ₦955/Litre Amid Rising Crude Costs

In a recent development, the Dangote Refinery has announced an increase in the price of Premium Motor Spirit (PMS) for bulk buyers, raising it...

Petrol Prices Surge in Nigeria as Depot Owners Raise Ex-Depot Rate to ₦950/Litre: What It Means for Consumers

Recent developments indicate that depot owners in Nigeria have increased the ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, to approximately...

Oil Prices Surge to Four-Month High, Offering Fiscal Relief Amid Global Market Shifts

In early January 2025, global oil prices have experienced a significant surge, reaching levels not seen in four months. This upward trend is largely...

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