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N120b petrol subsidy to double as CBN adjusts exchange rate

As the Central Bank of Nigeria (CBN) signals a subtle harmonisation of exchange rates with the removal of N379/$1 official rate from its website, all is set for labour unions

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‘Inevitable’: Nigeria Confirms Imminent Petrol Price Hike 

The Nigerian government says it will not continue to bear the burden of paying subsidy for premium motor spirit also known as petrol, a clear hint that prices of the

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Renewed concerns over energy transition, declining oil investment

Oil and gas experts, yesterday, reiterated concerns about Nigeria’s declining investment profile, poor fiscal environment and growing pressure to transit from fossil fuels. The post Renewed concerns over energy transition,

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NNPC Boss Kyari Urges Nigerian Military to Halt 200,000bpd of Crude Oil Loss

The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mallam Mele Kyari, yesterday led a delegation from the corporation to engage with the Chief of Defence Staff (CDS)