Economy - Page 2

The Nigerian National Petroleum Company (NNPC) Limited has raised the pump price of petrol to N915 per litre in Lagos and N945 per litre in Abuja. This marks a N45 increase from the previous price of N870 in Lagos and a N35

The state national oil company, the Nigerian National Petroleum Company Limited (NNPCL), said it is expanding clean energy access nationwide with additional Compressed Natural Gas (CNG) stations in Abuja, Ibadan, and Abeokuta. “We are expanding clean energy access, one city at a

Oil marketers have increased the depot prices of Premium Motor Spirit or petrol in reaction to renewed demand signals and rising tensions in the Middle East. With Brent crude climbing to $77.88 per barrel and WTI at $74.67, depot owners across Nigeria

Motorists in Nigerian cities are spending hours, or even days, queuing for natural gas to power their cars after the government promoted its use as an alternative fuel. Some are so frustrated that they say they regret the decision to convert their

The Transmission Company of Nigeria (TCN) said it has added 5,910 megavolt-amperes (MVA) of transformer capacity to the national grid. The General Manager, Project Coordination, and Technical Assistant to the MD/CEO, Aminu Tahir, revealed the development while presenting an update on projects

Nigeria recorded a positive trade balance in Q1 2025, as total exports outweighed imports, according to the latest data released by the National Bureau of Statistics (NBS). Total merchandise trade in the quarter stood at N36.02trn, marking a 6.19% increase compared to

Guaranty Trust Holding Company Plc (GTCO) has announced several significant changes to its Board of Directors, reaffirming its commitment to strong corporate governance and leadership continuity. 1. Retirement of Independent Non-Executive Director – Mrs. Helen Bouyques The Board announces the retirement of