The prevailing confusion in the petroleum sector worsened on Sunday, as the Nigerian National Petroleum Company Limited and Dangote Refinery engaged in a war of words on the pricing template.…
The Naira recorded a N46.91 gain against the dollar at the official foreign exchange market on a week-on-week basis. FMDQ data showed the Naira strengthened to N1,546.41 against the dollar…
Dangote Refinery has disclosed that it is being forced to export 95-97 percent of its Premium Motor Spirit (petrol). The Refinery explained that this is due to low patronage by…
The National Bureau of Statistics has revealed Nigeria’s top five import destinations in the second quarter of 2024. According to NBS foreign trade data for Q2 2024, China is Nigeria’s…
There are indications that the Nigerian National Petroleum Company Limited may not lift Dangote Refinery’s Premium Motor Spirit by Sunday, 15 September 2024, the date announced by the NNPCL. According…
The Senate has postponed the public hearing for the alleged sabotage in the petroleum industry in tackling the lingering crisis in the sector. The Leader of the Senate and Chairman…
The exchange rate for a dollar to naira at Lagos Parallel Market (Black Market) players buy a dollar for N1640 and sell at N1650 on Sunday 8th September 2024, according…
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has promised to patronize Dangote Refinery when the organization starts selling petrol to members of the public. The National President of IPMAN,…
Against the backdrop of this week’s thunderstorm across the economic space over further spike in petrol crises, economy and financial experts have painted a grim picture of the short and…
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to Naira exchange rate for…
