TINUBU APPROVES 15% IMPORT DUTY ON PETROL, DIESEL
HOTJIST NEWS President Bola Tinubu has sanctioned the implementation of a 15 percent ad-valorem import duty on petrol and diesel imports into Nigeria. This initiative aims to safeguard domestic refineries and stabilize the downstream market; however,...
NAIRA APPRECIATES TO N1,487/$ IN PARALLEL MARKET, N1,447/$ AT OFFICIAL WINDOW
The Naira on Tuesday appreciated to N1,487 per dollar in the parallel market, gaining ₦4 from ₦1,491 per dollar recorded on Monday. Similarly, data...
APAPA CUSTOMS, PORT POLICE TO COLLABORATE TO END GRIDLOCK – OSHOBA
Agency Report The Customs Area Controller of Apapa Command, Comptroller Emmanuel Oshoba, has pledged closer collaboration with the Port Police Command to tackle the persistent...
DANGOTE REFINERY REDEPLOYS SACKED ENGINEERS TO BORNO, ZAMFARA AMID PENGASSAN DISPUTE
The management of the Dangote Petroleum Refinery has redeployed several Nigerian engineers affected by the recent mass dismissal to other subsidiaries of the Dangote Group,...
FG BACKS DANGOTE REFINERY’S EXPANSION TO 1.4 MILLION BARRELS PER DAY
By Aishat Momoh. O. The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has pledged the federal government’s full support for the Dangote...
DANGOTE ANNOUNCES EXPANSION OF REFINERY TO 1.4 MILLION BARRELS PER DAY, SET TO BECOME WORLD’S LARGEST
By Aishat Momoh. O. In a major boost to Nigeria’s industrial and energy ambitions, the Dangote Group has announced plans to expand the Dangote Petroleum...
CBN SEEKS GOVERNORS’ BACKING FOR ONGOING MONETARY REFORMS
Agency Report The Central Bank of Nigeria (CBN) has appealed to state governors across the country to support its ongoing monetary policy reforms aimed at...
DANGOTE REFINERY YET TO CURB NIGERIA’S 15BN-LITRE PETROL IMPORTS
Notwithstanding enhanced refining capacity, Nigeria imported 69 percent of the 21 billion liters of gasoline it utilized between August 2024 and the initial ten days...
DANGOTE TO SELL 10% STAKE IN REFINERY, TARGETS NGX LISTING
Africa’s richest man, Aliko Dangote, has announced plans to sell up to 10 percent of his multibillion-dollar petroleum refinery and list it on the Nigerian...
FCT HIGH COURT FIXES NOVEMBER 13 FOR HEARING IN APO RESETTLEMENT MARKET DISPUTE
By Aishat Momoh. O. The High Court of the Federal Capital Territory (FCT), Maitama Division, has fixed November 13, 2025, for the hearing of a...