Nigerians are set to enjoy better supply and more affordable pms rates as Dangote Refinery has partnered with MRS to sell Premium Motor Spirit (PMS) at N935 per litre. The new price, reduced from N970 per litre will take effect…
Dangote Refinery Cuts Petrol Price to N899 per litre
Dangote Petroleum Refinery has announced a new ex-depot price of N899.50 per litre for Premium Motor Spirit (PMS), commonly known as petrol, effective immediately. It would be recalled that on November 24th, the refinery lowered the price of PMS to…
President Tinubu Unveils N49.8 Trillion Budget – Targets Education, Healthcare and Security as Focal Areas
Highlights of the 2025 Budget of Restoration: Securing Peace, Rebuilding Prosperity President Bola Ahmed Tinubu earlier today presented Nigeria’s N49.8 trillion 2025 budget, marking a 35% increase from the 2024 budget of N28 trillion. The budget, dubbed the “Budget of…
Aradel Holdings Acquires 5.14 Percent Stake in Chappal Energies Mauritius
Aradel Holdings Plc (“Aradel” or the Company) has announced its decision to acquire a 5.14% equity stake in Chappal Energies Mauritius Limited (“Chappal”), an energy company focused on investments in deep value and brownfield upstream opportunities across Africa. This strategic…
Oriental Energy Resources Inaugurates $315 Million FPSO – Signifying Landmark Achievement for Nigeria’s Energy Industry
Nigeria’s energy sector has reached a new milestone with the inauguration of a $315 million Floating Production Storage and Offloading (FPSO) vessel. The inauguration, which took place at Drydocks World in Dubai, was attended by Vice President Kashim Shettima, who…
Lagos Commissioner Unveils Initiative to Tackle Unemployment
Mrs Folashade Ambrose, the Lagos State Commissioner for Commerce, Cooperatives, Trade, and Investment on Thursday unveiled a private initiative to tackle unemployment, health challenges, and other issues in her constituency. Ambrose said at the inauguration of the community outreach in…
Security: Sanwo-Olu To Host 18th Town Hall Meeting
All is set for the 18th yearly Lagos State Town Hall meeting on security – a major summit for stakeholders in the sector. Governor Babajide Sanwo-Olu is the Chief host of the meeting, which will hold at Lagos House Ikeja…
HEDA Advocates for Youth Inclusion in Anti-corruption Crusade
The Human and Environmental Development Agenda (HEDA Resource Centre) has called on Nigerian youths to use their ingenuity in the fight against anti-corruption in the country. Speakers at a conference organised by HEDA made the call on Monday to mark…
Africa Needs $200bn Annually to Achieve Energy and Climate Goals – NLNG MD
The Managing Director of the Nigeria Liquified Natural Gas Ltd (NLNG), Philip Mshelbila has highlighted Africa’s need for a minimum of $200 Billion in annual investments to meet its energy and climate goals. The NLNG Boss, who spoke at a…