Petrol stations rush to adjust pump price to N143.8 without claims of old stocks Business Hilights Jul 3, 2020 Contrary to their usual delays and claims of old stocks when there was downward review of prices, petrol stations across Lagos…
2 sides of crude oil ‘coin’ in Nigeria: Saving N450bn and losing over $200bn Business Hilights Mar 3, 2020 The recent pandemic powered by global spread of coronavirus (n-COVID 19), has amongst other things affected the economies of…
‘Freight rate: FG to save $30.87 per MT of petroleum products from Dangote Refinery’ Business Hilights Dec 18, 2019 Considering the Lagos location of upcoming Dangote Refinery, Business Hilights Intelligent Unit (BHIU), an independent business…
FERMA: Senate links unremitted N800bn to road maintenance inefficiency Business Hilights Dec 13, 2019 Facts have emerged from ongoing Nigerian Senate investigations that the inability of the Federal Roads Maintenance Agency (FERMA)…
PPPRA hides open market price of petrol since crude oil crossed $66 Business Hilights Apr 18, 2019 Contrary to its hitherto momentary publication of open market price of petrol data, the Petroleum Products Pricing Regulatory…
Subsidy hobbling investors’ in refining as daily fuel usage jumps to 56m litres Business Hilights Apr 16, 2019 Happenstances in the nation’s downstream petroleum sector seem to be disproving every known economic and investment principles.…
Price of crude, landing cost differentials push ‘under-recovery’ to N3bn daily Business Hilights Jun 20, 2018 Indication has emerged that the federal government may be currently weeping in silence over the rising cost of what Nigerians know…
Did FG deceive Nigerians on N500bn SWS palliative for N145 fuel hike? Business Hilights Dec 26, 2017 More than one year after, Nigerians seem to have forgotten the child-calming pill used to buy their healthy conscience in agreeing…