1+ day, 24+ min ago  (251+ words) Nigeria's electric vehicle infrastructure has grown with Qoray's unveiling of a new charging station in Victoria Island, Lagos. The company said in a statement that the facility, located within the Federal Palace Hotel & Casino, is open to the public and…...

2+ week, 2+ day ago  (374+ words) The average price of gasoline at US pumps has soared past $4 a gallon, the American Automobile Association reported Tuesday, the highest for nearly four years on the back of the Iran war. Spiking gas prices, up from less than $3 at…...

6+ day, 10+ hour ago  (702+ words) The World Bank Group has clarified its position on fuel imports in Nigeria following backlash over recommendations contained in its latest Nigeria Development Update, as criticism mounts from policy commentators and social media activists. In a statement sent to The…...

1+ week, 16+ hour ago  (528+ words) The Federal Government has unveiled a new leasing model aimed at replacing what it described as exploitative hire purchase arrangements for motorcycle and tricycle operators across the country. The initiative, introduced through the Equipment Leasing Registration Authority in partnership with…...

1+ week, 2+ day ago  (485+ words) The Dangote Petroleum Refinery has again increased the gantry price of petrol and diesel, further tightening pressure on consumers and businesses across Nigeria. A top official at the refinery, who confirmed the development to our correspondent on Tuesday night, said…...

2+ week, 21+ hour ago  (749+ words) An electric vehicle is plugged into a charging station in Bilbao, Spain, February 15, 2023. REUTERS/Vincent West Industry experts, financiers, and policymakers have called for accelerated adoption of electric vehicles in Nigeria as rising fuel prices continue to squeeze household incomes…...

2+ week, 3+ day ago  (707+ words) Lagos has received five vessels carrying petrol and diesel amid growing concerns about the stability of Nigeria's fuel supply. The PUNCH reports that the vessels carried a total of 95, 000 metric tonnes of Premium Motor Spirit (petrol) and Automotive Gas Oil…...

2+ week, 3+ day ago  (389+ words) Commercial drivers operating along Upper Sakponba Road in Benin, Edo State, on Monday blocked sections of the busy road in protest against the recent increase in petrol prices. The protesting drivers also urged their colleagues to immediately increase transport fares,…...

2+ week, 5+ day ago  (802+ words) FILE: Former Senior Special Adviser to the President of the African Development Bank on Industrialisation An economist and former Senior Special Adviser to the President of the African Development Bank on Industrialisation, Banji Oyelaran-Oyeyinka, has said comparisons suggesting that petrol…...

3+ week, 5+ day ago  (810+ words) Barely hours after increasing its gantry price for the fourth time in the month of March, the Dangote Petroleum Refinery has again raised its ex-depot price of Premium Motor Spirit (petrol) to N1, 275 per litre, signalling deepening volatility in Nigeria's deregulated…...