Petrol imports double to N3.96trn in one year
Nigeria, Africa’s biggest oil producer, saw its petrol import bill hit an all-time high of almost N4 trillion last year,...
- Sunday, June 21, 2026
BusinessDay
Nigeria, Africa’s biggest oil producer, saw its petrol import bill hit an all-time high of almost N4 trillion last year,...
Nigeria’s minister of finance Zainab Ahmed has announced plans to fund its 2022 petrol subsidy bill from more local borrowing...
Martins Odion often has no electricity, but he says his home is permanently lit at night by the flames of...
Africa’s largest economy is relying more on Automotive Gas Oil (AGO) commonly called diesel, to keep machines humming as the...
It is well known that fintech companies are using technology to provide easier ways for customers and clients to manage...
Like Nigeria’s situation in the 1990s, Vietnam’s per generation capacity was only around 8,700 megawatts (MW) in 1990. 17 years...
The petrol subsidy to be incurred by the Nigerian government this year looks set to outpace its budgeted oil revenue...
Like many business owners across Nigeria, Joseph Martins, who plies his trade in the country’s commercial capital, Lagos, depends largely...
The Nigerian National Petroleum Corporation (NNPC) is seeking to scuttle Seplat Energy Plc’s deal for the purchase of ExxonMobil shallow...
Schneider Electric introduced its new range of microgrid solutions in a workshop themed “Transforming Africa’s Energy Future”, which was held...