ECONOMY

Louisa Olaniyi Business Network > Blog > ECONOMY

June 2, 2026
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ECONOMY, News

Petrol Price Rises 643% in 3 Years, Hits N1,300 per Litre

The price of Premium Motor Spirit (petrol) has increased by about 643 per cent over the past three years, rising from N175 in May 2023 to around N1,300 by...

May 26, 2026
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Business, ECONOMY, News

Unlocking Nigeria’s Digital Economy Boom Through Telecom Policy Reform

“The Stone Age did not end because the world ran out of stones, and the Oil Age will not end because we run out of oil.” The quote, widely attributed...

May 24, 2026
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ECONOMY, News

Betting Addiction: Jigawa Punters Demand Total Ban

Some betting participants in Dutse, Jigawa State, have urged authorities to completely prohibit betting activities, saying such a move would reduce financial losses, limit youth indulgence, and encourage discipline...

Operation Delta Sentinel Targets Illegal Fuel Movement Networks in Niger Delta

May 15, 2026
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ECONOMY, News

Operation Delta Sentinel: Illegal Fuel Cache Discovered As Naval Operations Tighten Across Creek Corridors

The Nigerian Navy has intensified its crackdown on illegal petroleum operations in the Niger Delta following the discovery of a concealed fuel stockpile along the Rivers–Bayelsa border corridor. In...

Dangote Stops Naira Petrol Sales, Unveils Dollar Prices

May 13, 2026
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Business, ECONOMY, News

Dangote Refinery Ships 1.66bn Litres of Fuel as US-Iran Crisis Deepens

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has revealed that the Dangote Petroleum Refinery & Petrochemicals exported an estimated 1.66 billion litres of refined petroleum products in...

May 5, 2026
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ECONOMY, News

NNPC Moves to Revamp Warri, Port Harcourt Refineries with New Deal

Almost a year after the Port Harcourt Refining Company was taken offline for scheduled maintenance, the Nigerian National Petroleum Company (NNPC) Limited has struck a new agreement with two...

May 4, 2026
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ECONOMY, News

NNPC Posts N276bn Profit as Gas Production Hits One-Year High

The Nigerian National Petroleum Company Limited (NNPC) recorded a profit after tax of N276bn in March 2026, more than doubling its February earnings, as stronger gas production and improved...

Nigeria Backs OPEC+ Efforts to Stabilise Global Oil Market

May 1, 2026
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ECONOMY, News

Nigeria Reaffirms Commitment to OPEC+, Backs Oil Market Stability

Nigeria has reaffirmed its commitment to the cooperation framework between the Organization of the Petroleum Exporting Countries (OPEC) and its allies under OPEC+, signaling its continued support for efforts...

Naira exchange rate: Currency appreciates to N1,387/$ in parallel market

April 21, 2026
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ECONOMY, News

Naira appreciates to N1,387/$ in parallel market

The Naira recorded a slight gain in the parallel market, appreciating to N1,387 per dollar on Monday from N1,389 per dollar last Friday. However, the local currency weakened in...

Japa Crisis: Strengthen Healthcare or Risk Losing More Doctors, Physicians warn

April 21, 2026
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health care, ECONOMY, News

Brain Drain: UK Registers 4,600+ Nigerian Doctors in 3 Years

Nigeria’s healthcare system is under growing pressure following fresh data showing that at least 4,691 doctors have relocated to the United Kingdom since President Bola Tinubu assumed office on...