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BREAKING: NNPCL Set to Sell Shares
The Nigerian National Petroleum Company Limited (NNPCL) is in the final stages of preparation for its much-anticipated listing…
MTN, Airtel Sign Deal to Expand Network Coverage in Nigeria and Uganda
MTN Group and Airtel Africa have signed agreements to share network infrastructure in Nigeria and Uganda. This partnership…
PETROAN Commends NNPCL for Running Port Harcourt Refinery for 180 Days Without Interruption
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has praised the Nigerian National Petroleum Company Limited…
We’re Making Progress in Stabilising FX Market, Curbing Inflation – CBN
The Central Bank of Nigeria (CBN) has noted progress in stabilizing the country’s foreign exchange (FX) market and…
Naira Strengthens to N1,575 per Dollar in Parallel Market
The Nigerian naira appreciated to N1,575 per dollar in the parallel market on Tuesday, March 25, 2025, improving…
Samsung Co-CEO Han Jong-Hee Passes Away at 63
Samsung Electronics co-CEO Han Jong-Hee has passed away at the age of 63. Han, who played a major…
Dangote Refinery, Others May Spend $1.4 Billion Monthly on Crude Imports
The Dangote Petroleum Refinery and several modular refineries in Nigeria may need to spend around $8.56 billion over…
Naira-for-Crude: Marketers Fear Price Hike as FG Suspends Sale to Dangote
The suspension of petroleum product sales in naira by the Dangote Petroleum Refinery has caused concern among fuel…
Ibadan Airport Temporarily Closed, Says FAAN
The Federal Airports Authority of Nigeria (FAAN) has confirmed the temporary closure of Samuel Ladoke Akintola Airport in…
How a Single Fire Completely Shuts Down Europe’s Busiest Airport, Left Thousands Stranded
A fire at an electricity source, on Friday, caused a massive shutdown at London Heathrow Airport, the busiest…
Naira-for-Crude Crisis: Petrol Imports Rise to 154m Litres Weekly
Nigeria’s petrol imports have risen significantly, with seven vessels carrying Premium Motor Spirit (PMS) expected to arrive at…
‘We Are Not Hiring’ – NNPCL Warns Public About Fake Recruitment Advertisements
The Nigerian National Petroleum Company Limited (NNPCL) has cautioned the public about fraudulent job advertisements circulating online. The…
Fuel Prices May Rise as Dangote, NNPCL Naira-for-Crude Talks Stall
The Dangote Petroleum Refinery has temporarily stopped selling petroleum products in naira. This decision follows unsuccessful negotiations between…
Dangote Refinery Halts Petrol Sales in Naira
Dangote Petroleum Refinery has temporarily stopped selling petroleum products in naira. The decision, announced in a notice sent…
Abuja Court Dismisses NNPC’s Objection in N100 Billion Dangote Refinery Suit, Adjourns Case to May 6
The Federal High Court in Abuja has dismissed an objection raised by the Nigerian National Petroleum Company Limited…
Produce Your Approval for Demolished Factory, Amosun Fires Back at Dangote
Former Ogun State Governor Ibikunle Amosun has called on business mogul Aliko Dangote to provide evidence of government…
Dangote Plans Nigeria’s Largest Seaport in Ogun, Resumes $800M Cement Project
Aliko Dangote, the President and Chief Executive of Dangote Industries Ltd, has announced plans to develop the largest…
Nigeria’s Inflation Drops to 23.18% in February, NBS Reports
According to a recent report from the National Bureau of Statistics (NBS), Nigeria’s inflation rate declined for the…
Arik Air Must Repay N455 Billion Debt – AMCON Insists
The Asset Management Corporation of Nigeria (AMCON) has reaffirmed its commitment to recovering the outstanding debt of over…
IPMAN Denies Opposing Fuel Price Reduction by Dangote, NNPCL
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has denied claims that it opposed the recent reduction in…
NNPC Rejects Reports Claiming Cancellation of Naira for Crude Deal
The Nigerian National Petroleum Company Limited (NNPC) has dismissed reports suggesting that it has unilaterally canceled the ongoing…
X Hit by Massive Cyberattack, Says Musk
X, the social media platform formerly known as Twitter, was hit by a major cyberattack on Monday, leaving…
System Glitch Disrupts US Visa Interviews, Affected Applicants to Be Rescheduled
A technical issue in the United States Department of State’s system caused disruptions for Nigerians applying for US…
Nigeria’s Petrol Imports Surge to N15.42tn in 2024 Despite Refinery Expansion
According to a recent report by the National Bureau of Statistics (NBS), Nigeria’s expenditure on petrol imports rose…
Naira Falls Again as Exchange Rate Worsens in Both Black, Official Markets
The Nigerian naira has continued its decline against the U.S. dollar, experiencing a sharp drop across both the…
NAFDAC Reopens Onitsha Market, Seizes Over 50 Trailers of Fake Drugs
The National Agency for Food and Drug Administration and Control (NAFDAC) has officially reopened the Onitsha Drug Market…
Why We Shutdown Akure Airport – FAAN
The Federal Airports Authority of Nigeria (FAAN) has explained why Akure Airport was shut down following a severe…
Naira Appreciates to N1,512/$ in Parallel Market
The Nigerian naira recorded a small gain in the parallel market, trading at N1,512 per dollar on Wednesday.…
Petrol Prices May Drop Further as Crude Prices Fall
The price of Premium Motor Spirit (PMS), commonly known as petrol, could continue to decline if the downward…
FCCPC Sues MultiChoice Over Subscription Fees Hike
The Federal Competition and Consumer Protection Commission (FCCPC) has filed a lawsuit against MultiChoice Nigeria Limited and its…
I’m Resting After Delivering $20bn Refinery – Dangote
Nigerian billionaire and industrialist Aliko Dangote has stated that he is currently resting after successfully delivering his massive…
Naira Declines by 0.43% Against Dollar, New Rate Revealed
The Nigerian Naira weakened against the US Dollar in the official foreign exchange market on Monday, closing at…
Expect More Fuel Price Drops Amid NNPC, Dangote Competition – PETROAN, IPMAN to Nigerians
Nigerians should expect further reductions in petrol prices as a competition between the Nigerian National Petroleum Company Limited…
Naira Strengthens Further as CBN Policies Show Results
The Naira gained strength in the official foreign exchange market on Friday, closing at N1,492.49 per Dollar. This…
Bird Strikes Disrupt Air Peace Flights, Multiple Aircraft Grounded
Air Peace has experienced significant disruptions in its flight operations due to three separate bird strike incidents within…
Band B Customers to Start Paying More for Electricity – Minister
Electricity consumers in Band B may soon see changes in their tariffs as the Minister of Power, Adebayo…
MTN Nigeria Reports N400bn Loss as Naira Devaluation Affects Earnings
MTN Nigeria recorded a loss of N400.44 billion after tax for the year ending December 31, 2024. The…
“We Would Be at Risk of Losing Jobs” – FG Justifies 50% Telecom Tariff Hike
The Nigerian government has defended its approval of a 50% increase in telecom tariffs, stating that the decision…
FCCPC Orders MultiChoice to Suspend Price Hike
The Federal Competition and Consumer Protection Commission (FCCPC) has ordered MultiChoice Nigeria, the company behind DStv and GOtv,…
FG to Review Electricity Tariff for Band B, C Customers
The Federal Government is set to review electricity tariffs to address pricing differences among customers and attract more…
Naira Strengthens to N1,490 Per Dollar in Parallel Market
The Naira gained value against the US dollar in the parallel market, trading at N1,490 per dollar on…
BREAKING: Dangote Slashes Petrol Price to N860/litre
The Dangote Petroleum Refinery has announced a reduction in the ex-depot price of Premium Motor Spirit (PMS), commonly…
FG Summons MultiChoice Over DSTV, GOTV Price Hike
The Federal Government has summoned MultiChoice Nigeria over its decision to increase subscription rates for its DStv and…
PETROAN Suspends Planned Strike Over N100bn Bridging Claim
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has put on hold its planned strike after…
FULL LIST: US Releases 2025 Visa Waiver Program List, Excludes UK and African Nations
The United States has announced the list of countries eligible for its 2025 Visa Waiver Program (VWP). The…
Fuel Scarcity Looms as Lagos Impounds Tankers, Marketers Threaten Shutdown
Fuel marketers are raising alarms over a potential petrol and cooking gas shortage following the Lagos State Government’s…
FULL LIST: Multichoice Announces New Price Hike for DStv, GOtv Packages
MultiChoice Nigeria has informed its customers of upcoming price adjustments for its DStv and GOtv services, effective March…
CBN Retains Interest Rate at 27.5%
The Central Bank of Nigeria (CBN) has decided to keep its benchmark interest rate, the Monetary Policy Rate…
Dangote Joins World’s Top 100 Richest as Wealth Surges to $23.9bn
Nigerian billionaire Aliko Dangote has climbed to the 86th position on the Forbes global billionaire rankings, with his…
23bn Refinery: ‘I’ve Been Fighting Battles’, Dangote Opens Up On Clash With Oil Mafia
Nigerian billionaire Aliko Dangote has shed light on the struggles he faced while building his massive $23 billion…
JUST IN: Cardoso Goes Tough as CBN Orders All Unethical Bank Directors To Step Down
The Central Bank of Nigeria (CBN) has issued a strict directive ordering all bank directors with non-performing insider-related…
Tarrif Hike: Airtel Nigeria Increases Data, Call Prices
Airtel Nigeria, the second-largest telecom operator in the country, has raised the prices of its data and call…
$23bn Refinery Biggest Risk Of My Life – Dangote
Nigerian billionaire Aliko Dangote has described his $23 billion refinery as the biggest risk he has ever taken.…
OpenAI Board Rejects Elon Musk’s $97.4 Billion Buyout Offer
OpenAI’s board has unanimously turned down an offer from Elon Musk to buy the artificial intelligence company for…
Obafemi Awolowo Memorial 2025 to Explore Global Challenges and Future Strategies
The 2025 Obafemi Awolowo Memorial, themed “Our 21st Century World: Reflections and Projections,” will bring together global experts…
Keystone Bank Remains Safe and Fully Operational – CBN
The Central Bank of Nigeria (CBN) has reassured depositors and other stakeholders that Keystone Bank remains stable and…
‘Forgive and Forget’ – MTN Apologizes to Customers Over Sudden 200% Data Price Hike
MTN Nigeria has apologized to its customers after a sharp 200% increase in the price of its 15GB…
Emirates, Air Peace Partner to Expand Travel in Nigeria
International airline Emirates has entered into a new interline agreement with Nigeria’s Air Peace. This partnership will make…
MTN Implements 50% Tariff Hike, Reveals New Data Prices
MTN Nigeria has started increasing the prices of its data plans as part of a 50% tariff adjustment…