FG orders full scale implementation of Naira-for-Crude exchange policy
The Federal Executive Council has approved the immediate reactivation of the suspended Naira-for-Crude initiative with domestic oil refiners. This was made known in a post...
Petrol price can drop below N400 due to falling crude oil prices – CORAN
The Crude Oil Refinery Owners Association of Nigeria (CORAN) has stated that the cost of petrol could significantly decrease—potentially falling below N400 per litre—following the...
Minister inaugurates sub-committee for naira crude sales to Dangote, others
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has formally inaugurated a technical sub-committee tasked with developing a framework for selling...