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Nigerian filling stations reduce fuel price as landing cost drops

Nigerian filling stations have reduced the price of premium motor spirit as the landing cost of petrol dropped further below Dangote Refinery’s ex-depot price.DAILY POST correspondents gathered on Wednesday that NIPCO, AA Rano, Eterna, and Empire Energy filling stations across locations in Abuja have...

NNPC eyes 20% stake in Dangote refinery

The Nigerian National Petroleum Company Limited on Tuesday disclosed plans to raise its equity stake in the $20bn Dangote Petroleum Refinery to 20 per cent, as part of efforts to strengthen Nigeria’s domestic refining capacity and consolidate its position in the downstream oil sector.The...

France threatens to block Shein over ‘childlike’ sex dolls

Shein has removed listings for sex dolls after French authorities flagged the presence of "childlike" sex dolls on the online store. France's economy minister said "boundaries have been crossed."French authorities threatened to block Chinese online store Shein on Monday over the presence of a...

APEC summit adopts declarations on AI and demographic change

The Asia-Pacific Economic Cooperation summit agreed on declarations regarding AI and changing demographics as it wrapped up on Saturday.The 2025 summit of the Asia-Pacific Economic Cooperation (APEC) forum adopted a joint leaders' declaration as it concluded in South Korea on Saturday.Leaders assembled in Gyeongju...

Petrol remains N865/litre amid Dangote’s free delivery

Despite receiving petrol at N820 per litre with no logistics costs, partners of the Dangote Refinery have yet to reduce pump prices at their filling stations.Findings by The PUNCH on Sunday revealed that Heyden, AP, MRS and other major partners continued to sell petrol...

Naira appreciates massively against dollar after Independence holiday

The naira appreciated significantly against the United States dollar at the official foreign exchange market after Nigeria’s Independence Anniversary holiday on Thursday.Data from the Central Bank of Nigeria showed that the naira strengthened to N1,455.24 on Thursday, up from N1,475.35 traded on Tuesday.This means...