oil

119 Articles
Metro

Kremlin Signals Openness to Putin-Trump Talks on Ukraine Conflict

Dmitry Peskov, the Kremlin's spokesman, has revealed that Russian President Vladimir Putin is open to dialogue with the newly inaugurated U.S. President Donald...

Economy

Tinubu’s Government to Distribute N75,000 to 70 Million Nigerians, Aims to Alleviate Poverty

In a significant move to address economic hardships, the federal government of Nigeria, under President Bola Tinubu, has announced plans to distribute N75,000...

Metro

Governor Soludo’s Battle Against Kidnapping in Anambra State: A Lucrative Criminal Enterprise

In a bold and direct address from Awka, the capital of Anambra State, Governor Charles Soludo has shed light on a troubling trend...

Politics

Primate Elijah Ayodele Warns Tinubu: Gloomy Economic Days Ahead if Hardship Not Addressed

On Friday, Primate Elijah Ayodele, the leader of the INRI Evangelical Spiritual Church, issued a stark warning to President Bola Tinubu concerning Nigeria's...

Economy

Dangote Refinery Turns to International Markets for Crude Oil Amid Local Shortages

Dangote Petroleum Refinery, one of Africa's largest, has announced plans to import crude oil feedstock due to insufficient supply from the Nigerian National...

Politics

The Cost of Loading Premium Motor Spirit (Petrol) and Other Refined Petroleum Products at Depots Rose on Monday

On Monday, the cost of loading Premium Motor Spirit (PMS), commonly known as petrol, and other refined petroleum products at depots across Nigeria...

Politics

Imo State Governor Presents N756 Billion 2025 Budget Aimed at Economic Expansion

On Monday, Governor Hope Uzodimma of Imo State unveiled the 2025 budget to the state's House of Assembly, proposing a hefty N756 billion...

Economy

Nigeria’s Inflation Hits 34.6% in November 2024: Rising Food Prices Dominate

Nigeria’s inflation rate climbed to 34.6% in November 2024, marking an increase from 33.8% in October, according to the latest Consumer Price Index...

Economy

Impact of Naira Depreciation on Nigeria’s Manufactured Goods Trade in Q3 2024

The steep depreciation of the naira since June 2023 has left a significant mark on Nigeria's trade landscape, particularly in the manufacturing sector....

Economy

Dangote Refinery Resumes US Crude Oil Purchases Amid Domestic Supply Challenges

The Dangote Refinery has resumed purchasing crude oil from the United States to increase its refining capacity and boost production levels. This marks...