Business Hilights

Tracking Nigeria's Headline Business News Online

Liquefied Petroleum Gas

Cooking gas price climbs to N500/kg, consumers cry out

…As FG remain mute on consequences The price of Liquefied Petroleum Gas, also known as cooking gas, has jumped almost beyond the reach of many Nigerians to a record high of N500 per kilogramme. Accordingly, many households both in rural…

NBS report casts doubt on NNPC’s claims of dropping products prices

Barely one month after the Nigerian National Petroleum Corporation (NNPC), came out to claim that prices of regularly used petroleum products including diesel, kerosene and even cooking gas have dropped, the latest report of the National Bureau of Statistics (NBS)…

N264bn spent in ‘maintaining’ 4 refineries in 16 years, but nothing to show for it—Report

New report released in Abuja has revealed that contrary to earlier claims that the four refineries were not maintained within the 16 years of former ruling party, about N264 billion was expended on them but they suffered epilepsy due to…