Dangote Refinery Records $4.7bn Profit, Revenue Jumps 144% in Nine Months
Dangote Petroleum Refinery and Petrochemicals has reported a remarkable financial turnaround, recording $22.5 billion in revenue and $4.7 billion in net profit for the nine months ended September 30, 2026, compared with a net loss of $117.2 million in…
Lagos, Imo, Ondo Top Nigeria’s Food Inflation Ranking in September 2026
Lagos, Imo and Ondo recorded the highest annual food inflation rates among Nigerian states in September 2026, while Taraba and Yobe recorded negative rates, according to data from the National Bureau of Statistics (NBS). The figures highlight significant…
Naira Maintains Stability Against Dollar as Official, Parallel Market Rates Remain Steady
The Nigerian Naira maintained relative stability against the United States Dollar across the official and parallel foreign exchange markets, supported by steady liquidity conditions and sustained foreign exchange inflows. Data from the Nigerian Foreign…
NNPCL Increases Petrol Price to N1,405 Per Litre Despite Fuel Discount Announcement
The Nigerian National Petroleum Company Limited (NNPCL) has increased its premium motor spirit (PMS) pump price to N1,405 per litre from N1,370, representing a N35 increase per litre. Checks by DAILY POST on Friday showed that the new price had been…
2027 Election: Paul Alaje Urges Presidential Candidates to Prioritise Productivity
Economist Paul Alaje has urged candidates contesting Nigeria’s 2027 presidential election to present concrete economic policies aimed at boosting national productivity, warning that neglecting economic output could undermine the country’s economy. Alaje,…