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Global Oil Volatility Tests Nigeria’s Local Refining Expectations
Recent fuel-price pressures are testing a widespread expectation that increased domestic refining would automatically shield Nigeria from international energy shocks.
Fuel Costs Put Fresh Pressure on Nigerian Household Budgets
Rising petrol and diesel prices have renewed concerns about household purchasing power and the cost of doing business in Nigeria.
Nigeria’s Proposed Petrol Price Cap Raises Questions About Who Bears the Cost
Nigeria's government has proposed a temporary mechanism aimed at limiting sharp petrol price movements, according to Reuters reporting on October 8.
NNPC Says October Petrol Discount Is Not a Return to Fuel Subsidy
NNPC Limited says its temporary retail petrol discount is intended to cushion rising fuel costs, not restore Nigeria's former blanket subsidy.
World Bank Sees Nigeria Averaging 4.4% Growth Through 2028, but Jobs Remain Key Test
The World Bank expects Nigeria’s economy to expand by an average of 4.4% a year over 2026–2028, but says stronger economic indicators will matter...
Fury-Joshua Mega-Fight Sells Out in One Hour as 80,000 Tickets Disappear
Tickets for the highly anticipated heavyweight showdown between Tyson Fury and Anthony Joshua sold out within just 60 minutes, highlighting the enormous excitement surrounding...
“We Lost Business and Precious Hours”: MTN Subscribers Demand Answers After Network Blackout
MTN Nigeria subscribers have expressed frustration over hours of network disruption that affected parts of the country, with some customers demanding compensation for losses...
NNPC Extends ₦66 Fuel Discount, Adds Diesel to Promotion
The Nigerian National Petroleum Company Limited (NNPC Ltd) has extended its ₦66-per-litre petrol discount promotion and expanded the offer to include diesel, giving motorists...
Import Waivers, Insecurity Push Nigeria’s Agricultural Sector Back Into Deficit
Nigeria’s agricultural trade balance has slipped into a deficit after two consecutive years of surpluses, with food import waivers and persistent insecurity blamed for...
NLC Sets Clock Ticking for Tinubu’s Government as Workers Demand Fuel Price Relief
The Nigeria Labour Congress (NLC) has issued the Federal Government a 14-day ultimatum to reduce petrol prices, begin negotiations for a new national minimum...
