Nigeria has recorded the second-highest increase in gas flaring globally in 2024, despite widespread electricity shortages across the country and its pledges to cut emissions under...
Zenith Bank Plc has clinched the prestigious title of “Nigeria’s Best Bank” at the 2025 Euromoney Awards for Excellence, further solidifying its dominance in the nation’s...
The Dangote Petroleum Refinery is set to construct fuel storage tanks in Namibia with a combined capacity of 1.6 million barrels of gasoline and diesel, according...
Binance Faces New Legal Twist As Court Escalates $79.5B Lawsuit A Federal High Court in Abuja has postponed the case filed by the Federal Inland Revenue...
Netizens Buzz As HJRBDA Boss Applauds Tinubu’s N150bn Kano Rail Project The Managing Director of Hadejia Jama’are River Basin Development Authority (HJRBDA), Rabiu Suleiman Bichi, has...
Fuel Rip-Off! NMDPRA Shuts Down 7 Petrol Stations For Short-Changing Buyers The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed seven filling stations in...
Nigeria’s Refinery Revolution: Local Capacity Soars By 67.7% To 860,000 BPD Nigeria’s energy sector has achieved a monumental breakthrough as the Port Harcourt Refinery roars back...
Nigerians Urged To Push For Urgent Economic Reforms As Cost Of Living Soars The Federal Government has been urged to overhaul its economic policies and introduce...
Petrol Prices Surge: Nigerians Rally Against Soaring Fuel Costs As Scarcity Hits Hard For November 5th, 2024 As Nigerians express their frustration over the recent fuel...
Petrol Prices Climb Higher: Nigerians Brace For More Hardship As NNPC Announces New Prices As Nigerians express frustration over the recent surge in fuel prices implemented...
Nationwide Fuel Shortage Worsens As Petrol Prices Surge Here’s The Latest On October 28, 2024 As Nigerians grapple with the recent fuel price hikes imposed by...
Not Our Doing! IMF Denies Pushing Nigeria To Remove Fuel Subsidy Amid Public Outcry The International Monetary Fund (IMF) has clarified that it had no involvement...
Farmers Sounds Alarm To Nigerians ‘Consumers Will Suffer As Egg And Fish Prices Continue To Climb’ The poultry industry in Nigeria has experienced notable growth in...
The ongoing struggles of the Nigerian Naira have drawn attention once again, as Central Bank of Nigeria (CBN) Governor, Olukayode Cardoso, highlighted the role of the...
Federal Government has issued a stern warning to private employers, stating that any organization or individual failing to comply with the new N70,000 minimum wage law...
As artificial intelligence (AI) rapidly advances, experts are sounding the alarm on a critical issue—there is a significant global governance deficit surrounding the technology. This gap...
Despite National Assembly Bill, CBN Maintains 5% Cap On Ways And Means Advances The Central Bank of Nigeria has maintained its Ways and Means Advances to...
Analyst Calls For Transparency In Dangote And NNPCL Transactions Public analyst, Adeniyi Kunuyi, has criticised the lack of transparency in Nigeria’s oil sector, pointing out the...
Okonjo-Iweala Confirms Plans To Run For Second Term As WTO Head Ngozi Okonjo-Iweala, the first woman and first African to head the World Trade Organization, will...
IPMAN Questions NNPCL’s Decision To Price Dangote Petrol Higher Than Imported Fuels (Video) The Independent Petroleum Marketers Association of Nigeria (IPMAN) says it doesn’t make sense...
Nigeria is poised to begin exporting peanuts to China, marking a significant step forward in the country’s agricultural export sector. This development follows a series of...
Transmission Company of Nigeria (TCN) has made a significant move to enhance electricity supply in Lagos with the commissioning of a new 132/33kV power transformer. This...
Nigeria’s crude oil production experienced a significant boost, reaching 1.352 million barrels per day (mbpd). This notable increase marks a positive shift for the nation’s oil...
The Grim Future: Why Nigerians May Suffer Beyond 2027 Unless These Key Economic Factors ImproveSuffering could continue beyond 2027 unless critical measures are taken.Experts emphasize that...
Global System for Mobile Communications Association (GSMA) is calling for an immediate reduction in telecom taxes in Nigeria, citing several critical reasons why this move is...
Since President Bola Tinubu assumed office on May 29, 2023, fuel prices in Nigeria have skyrocketed by 460%, reaching N897 per litre after the latest increase....
Major policy shift aimed at reducing operational costs, the Nigerian government has announced a substantial 50% electricity subsidy for universities and teaching hospitals across the country....
Cocoa House, located in Ibadan, Nigeria, is celebrated as the first skyscraper in West Africa. Completed in 1965, this iconic structure marked a significant milestone in...
Nigerian Naira has shown a significant rebound against the US Dollar, marking a notable shift in the currency exchange landscape. This positive turn has captured the...
Investors Gain N481bn As Equities Market Rises By 0.87% In A Week The Nigerian equities market saw a reversal in its performance, recording a 0.87% increase week-on-week...
CBN Resumes Dollar-Sales To Bureau De Change Operators After Suspension In a bid to address the persistent distortions in the foreign exchange market, the Central Bank of...
Dangote Refinery Set To Begin Petrol-Production Next Month Petrol will roll out from Dangote Refinery next month, Dangote Group and Chief Executive Officer, Dangote Petroleum Refinery, Alhaji Aliko...
NNPCL’s Stake In Dangote Refinery Falls To 7.2%: What Happened? The Nigerian National Petroleum Company Limited has said that it decided not to add to its...
Dangote Reveals Why He Prefers To Keep Investments Local, Avoid Foreign Real-Estate Africa’s richest man Aliko Dangote has explained his passion for an industrialised Nigeria is why he...
Dangote Refinery To Begin Fuel Supply Operations In August The owner of Dangote Refinery, Aliko Dangote, has announced August 2024 as the new date to roll...
Ram Sellers: People Only Complain About Ram Prices, No One Cared If We Sold At A Loss Ram sellers say animals are expensive from source because...
Update On Weekly Food Cost Report: Rice, Beans, Tomatoes, And More In a recent development that promises relief to the masses, the Federal Government of Nigeria...
Nigerian Senators Reject Bill Aiming To Limit CBN’s Control Over FX-Market Nigerian senators have rejected a bill seeking to amend the Foreign Exchange Act of 2004...
Update: CBN Infuses $122.67-Million Into FX-Market To Improve Liquidity The Central Bank of Nigeria (CBN) has injected a total of US$122.67 million into the foreign exchange...
Just In: 46-Authorized Dealers Receive $122.671-Million From CBN The Central Bank of Nigeria, CBN, has sold the sum of USD122,671,000.00 to 46 authorised dealers in its...
UPDATE: Naira Gains-Ground Against Dollar For The First-Time In Weeks The naira appreciated against the dollar at both official and parallel foreign exchange markets for the...
Breaking: CBN Provides Statement On Licence-Withdrawal For Unity Bank And Keystone-Bank The Central Bank of Nigeria (CBN) has denied reports about withdrawing the licences of Unity Bank and...
Just In: ‘Retail Bank Of The Year 2024’ Award Goes To Keystone Bank (Details) Keystone Bank Limited has emerged as the ‘Retail Bank of the Year’...
Fuel Crisis: Ships Dispatched To Speed Up Fuel-Distribution Over Scarcity, Says NMDPRA (View Details) In a bid to address the ongoing fuel scarcity in parts of...
Breaking News: Bread Shortage-Affects Kaduna, Katsina, Kano (Details) It is a tale of woes as an acute scarcity of one of Nigerians’ most popular staple foods,...
Nigerians Suffer As Petrol Scarcity-Intensifies In Kaduna, Katsina, And Kano (Details) As petrol scarcity bites harder across Nigeria, motorists in Kaduna, Kano and Katsina States are...
Breaking News: Fuel Crisis Hits-Lagos As Petrol Queues-Multiply (Details) What began as a scarcity in the Federal Capital Territory has now spread to Lagos, causing widespread...
