Nigeria’s Petrol Imports Surge 59.5% in May Despite Refinery Growth
Nigeria’s petrol imports rebounded sharply in May 2026, rising 59.5% month-on-month despite increasing output from domestic refineries, underscoring the complexities ...
Tag: Domestic Refining
Obasanjo Refutes NNPC Refineries Revival in New Interview
Former President Olusegun Obasanjo has reiterated his position that government-owned refineries will never work again, maintaining a stance he has ...
Emir Sanusi Questions FG’s Borrowing Despite Subsidy Removal
The 16th Emir of Kano, Muhammadu Sanusi II, has raised concerns over the federal government’s continued reliance on borrowing despite ...
LCCI Urges FG to Stabilise Energy Prices as Inflation Resurgence Halts Disinflation
The Lagos Chamber of Commerce and Industry has called on the Federal Government to urgently stabilise energy prices and strengthen ...
Oil Shock Exposes Nigeria’s Import Trap as Local Manufacturing Gains Urgency
Nigeria's vulnerability to external shocks has come sharply into focus as escalating tensions in the Middle East drove global oil ...
Dangote Cuts Petrol Price Amid Market Realignment
Dangote Petroleum Refinery & Petrochemicals has reduced its petrol gantry price to ₦1,200 per litre and its coastal price to ...
Ghana’s Tema Oil Refinery Expands Capacity to Boost Domestic Processing
Ghana's Tema Oil Refinery (TOR) is advancing technical upgrades that will significantly increase its processing capacity, strengthening the country's ability ...
Popular News
-
Tinubu Urges ECOWAS Unity Against South Africa Xenophobic Violence
-
Universal Insurance Pays N1.35bn Claims to Customers in Three Months
-
Experts Expect CBN to Keep Interest Rate at 26.5% Despite Calls for Reduction
-
Federal Government to Release N729bn Power Sector Bond to Clear Electricity Debts
-
Comercio Partners Appoints Ronke Sokefun First Female Chairperson
