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Economy

It’s always about the economy, stupid…

Economy

Fuel Queues Return in Lagos Despite Suspension of PENGASSAN Strike

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Long queues resurfaced at filling stations in Lagos on Wednesday, October 1, 2025, only days after the resolution of a labour...
Business

PENGASSAN Suspends Strike After Dangote Refinery Agreement

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has suspended its nationwide strike following a resolution brokered by...
Economy

Nigeria to Tax Income of Commercial Sex Workers Under New Fiscal Reforms

Jackson Kachi | Senior News Editor -
ABUJA, Nigeria — Commercial sex workers in Nigeria will be required to pay taxes on their earnings under new fiscal reforms set to take...
Business

Dangote Denounces PENGASSAN Strike as ‘Bullying Tactics’

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — The management of the Dangote Petroleum Refinery has launched a blistering attack on the Petroleum and Natural Gas Senior Staff Association of...
Economy

PENGASSAN Strike Threatens Nigeria With Fuel Shortages and Blackouts

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Nigeria is bracing for severe economic disruption after the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) began a...
Business

Depot Owners Looted Over ₦2 Trillion in Fake Subsidy Claims, Otedola Alleges

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Nigerian billionaire Femi Otedola has alleged that more than ₦2 trillion was siphoned during the administration of former President Goodluck Jonathan...
Business

Dangote Says Marketers Demanded ₦1.5 Trillion Subsidy to Match Its Fuel Prices

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Dangote Petroleum Refinery has alleged that the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) demanded an annual subsidy of...
Business

Dangote Accuses ‘Oil Mafia’ of Plotting to Sabotage $20 Billion Refinery

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — Aliko Dangote, President and Chief Executive of Dangote Petroleum Refinery, has accused powerful interests in Nigeria’s oil sector of trying to sabotage...
Economy

NUPENG Labels Dangote Refinery’s Free Petrol Delivery a ‘Greek Gift’

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has criticised the Dangote Refinery’s plan to distribute petrol directly to filling...
Business

Dangote Refinery Announces Date for Free Petrol Delivery Nationwide

Jackson Kachi | Senior News Editor -
LAGOS, Nigeria — The Dangote refinery has announced it will commence direct nationwide supply of petrol on Monday, September 15, 2025, marking a major shift...
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