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Home » ECONOMY » Page 23

Category Archives: ECONOMY

Six Petrol Depots Slash Prices As Competition Heightens In Downstream Sector 

Posted on June 5, 2025June 5, 2025 by GISTSMATE MEDIA

The price of Premium Motor Spirit (PMS), otherwise known as petrol, continues its free fall in Nigeria after six depots […]

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Babcock Varsity Expels Student For Buying N100,000 Soap From Herbalist

Posted on June 4, 2025June 4, 2025 by GISTSMATE MEDIA

Babcock University, Ilishan-Remo, Ogun State, has dismissed a student, Oladipupo Siwajuola, over what it described as “gross violation of university […]

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FLASH: NNPC Announces Port Harcourt Refinery Shutdown

Posted on May 24, 2025May 24, 2025 by GISTSMATE MEDIA

The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a scheduled maintenance shutdown of the Port Harcourt Refining Company […]

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FLASH: Again, Dangote Refinery Reduces Petrol Prices Nationwide 

Posted on May 22, 2025May 22, 2025 by GISTSMATE MEDIA

Dangote Petroleum Refinery has again announced a fresh reduction in the pump prices of Premium Motor Spirit (PMS), also known […]

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China To Build Electric Vehicles Factories In Nigeria, Boost Mining Ties

Posted on May 18, 2025May 18, 2025 by GISTSMATE MEDIA

The Chinese Ambassador to Nigeria, Yu Dunhai, has reaffirmed China’s commitment to deepening bilateral cooperation with Nigeria, particularly in the […]

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Nigerian Palm Oil About To Get Expensive As Indonesia Increases Export Levy 

Posted on May 18, 2025May 18, 2025 by GISTSMATE MEDIA

Indonesia, the world’s largest producer of palm oil, increased the export tax on crude palm oil (CPO) from 7.5% to […]

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Nigeria’s FX Reserves Gain $364 Million In Two Weeks, First Steady Climb Since January Peak

Posted on May 16, 2025May 16, 2025 by GISTSMATE MEDIA

Nigeria’s external reserves have recorded a sustained rebound for the first time in 2025, rising by $364 million between April […]

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BUA To Crash Rice Prices, Sends Warning To Hoarders 

Posted on May 15, 2025May 15, 2025 by GISTSMATE MEDIA

The Chairman of BUA Group, Abdul Samad Rabiu, has pledged to further lower the prices of rice and other food […]

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FG Disagrees As World Bank Says 2025 Budget ‘Ambitious’

Posted on May 13, 2025May 13, 2025 by GISTSMATE MEDIA

The World Bank, yesterday, described the Budget 2025 key assumptions of 2.1 million barrels per day oil production and $73 […]

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“I Am A Northerner” – NNPC Boss Ojulari Vows To Continue Oil Search In Northern Nigeria

Posted on May 13, 2025May 13, 2025 by GISTSMATE MEDIA

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mr. Bashir Ojulari, has promised that oil […]

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