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NRC refuses cashless transactions, insists on using notes
The Nigerian Railway Corporation (NRC) has insisted on cash payment for its transactions despite the advent of cashless payment methods across other economic sectors,...
NMDPRA considers suspending or revoking the licenses of negligent gasoline marketers
Due to violations of the Health, Safety, Environment, and Community (HSEC) standards, the Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) threatened Wednesday to suspend...
Long-term oil issue drives inflation up to nearly 22%
Possible effects of the ongoing gasoline crisis on consumer prices may have caused headline inflation to reach 21.82 percent, the highest level in about...
MAN praises SON’s calibration program for its market penetration
The Standards Organization of Nigeria's (SON) effort to promote made-in-Nigeria items under the African Continental Free Trade Agreement (AfCFTA) has received praise from the...
Africa’s gasoline refining capacity, according to ARDA, is 77.6 million mt/yr
African Refiners and Distributors Association (ARDA) yesterday predicted that the continent's annual refinery output would reach its peak in 2027 at 77.6 million metric...
