Business Hilights

Tracking Nigeria's Headline Business News Online

downstream petroleum sector

Subsidy hobbling investors’ in refining as daily fuel usage jumps to 56m litres

Happenstances in the nation’s downstream petroleum sector seem to be disproving every known economic and investment principles. This was the submission of leading industry analyst, Dr Bala Zaka in an interview. He said with the huge market for refined products…

Danger looms as NNPC gives signal showing tired of importing Petrol alone

Indication emerged in Lagos on Wednesday that crisis causing scenario may be hovering in the nation’s downstream petroleum sector which may land the country in another deadly round of fuel scarcity and eventual hike in pump price even in recession….