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NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Lead Investigation

Multi-billion naira fraud in NNPC puts ex-GMD Kyari on the spot

THE Nigerian National Petroleum Company (NNPC) Limited is, once again, hit by multi-billion naira fraud linked to refinery turnaround maintenance in Port Harcourt, Warri and Kaduna, especially under the administration of its immediate past Group Managing Director, Mr Mele Kyari. The Economic and Financial Crimes Commission (EFCC) last week recovered more than N5 billion and […]

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Sep 16, 2024 post

Petrol to cost N950/litre in Lagos, N1,019 in Borno as Dangote, NNPC fight dirty

NIGERIANS will pay about N950.22 for a litre of petrol at Lagos filling stations and as high as N1,019 per litre in Borno State amid the lingering cold war between Dangote Petroleum Refinery and the Nigerian National Petroleum Company (NNPC) Limited. With varied logistics costs, other states in Nigeria will pay on the basis of […]