Imported Petrol Now Cheaper Than Dangote Refinery Price
The cost of importing Premium Motor Spirit, also known as petrol, has fallen below the new gantry price set by
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Business
CBN Allows Temporary Use of Expired NAFDAC Licences for Imports
The Central Bank of Nigeria has approved a temporary arrangement that allows importers to use expired NAFDAC licences for import
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NNPC Confirms Major Hydrocarbon Discovery at Awodi-07 Offshore Well
The Nigerian National Petroleum Company Limited (NNPC Ltd) has confirmed a successful discovery of hydrocarbons at the Awodi-07 appraisal and
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Distillers Warn NAFDAC Sachet Alcohol Ban Could Cost 5.5 Million Jobs
Members of Nigeria’s distillers’ sector have raised alarm over job losses following the National Agency for Food and Drug Administration
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National Grid Collapses Again as Power Generation Crashes to 24MW
Nigeria’s national power grid has collapsed once again, plunging several parts of the country into darkness and disrupting electricity supply
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Customs Seize Over N229m Worth of Smuggled Goods and Vehicles in Bauchi
The Federal Operations Unit, Zone D, Bauchi, of the Nigeria Customs Service has intercepted smuggled goods and vehicles with a
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Domestic Refineries Plan to Cut Petrol Imports in 2026
Domestic refineries in Nigeria have declared that they have the capacity to meet the nation’s fuel demand in 2026, potentially
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FG Allocates Less Than 1% of 2026 Budget to Fight Poverty
The Federal Government of Nigeria plans to spend about N206.5 billion on poverty alleviation projects in its 2026 budget, representing
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Dangote Refinery Launches 24-Hour Petrol Loading to Ensure Stable Supply Across Nigeria
The Dangote Petroleum Refinery has officially commenced round-the-clock petrol loading operations as part of efforts to maintain a daily supply
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Federal High Court Dismisses NDLEA Bid to Stop Proxy Night Club Reopening
The Federal High Court in Lagos has rejected the National Drug Law Enforcement Agency’s (NDLEA) attempt to prevent the reopening
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Dangote Files Corruption Petition Against Former NMDPRA Boss with EFCC
Aliko Dangote, Chairman of Dangote Industries, has filed a formal corruption petition against the former Managing Director of the Nigerian
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Togo Niger and Benin Fall Behind on N25bn Electricity Payments to Nigeria – NERC
Togo, Niger, and Benin currently owe Nigeria about N25bn for electricity supplied to them under bilateral power agreements, according to
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Cooking Gas Prices Settle at Around N1,000 per Kg as Supply Increases
There is growing optimism among cooking gas retailers and consumers as the price of liquefied petroleum gas (LPG) begins to
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Nigerians Pay N1.13tn in Electricity Bills Despite Frequent Blackouts
Electricity distribution companies (DisCos) in Nigeria collected a total of N1.13 trillion from consumers over the six months spanning April
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Nigeria Bans Coal Exports as Global Demand Set to Fall from 2026
Nigeria has officially banned the export of coal as global demand is expected to decline from 2026, amid rising competition
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Guinea Insurance Plc Secures Shareholders’ Approval for N15bn Capital Raise
Guinea Insurance Plc has achieved a major milestone in its transformation journey, as shareholders approved the Board’s N15 billion capital
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1st Choice Properties Launches Mobile App to Fight Real Estate Fraud in Nigeria
1st Choice Properties has unveiled a mobile application designed to promote secure, transparent, and genuine real estate transactions across Nigeria.
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Dangote Refinery Sells Petrol Nationwide at N739 per Litre
Dangote Petroleum Refinery has officially commenced the nationwide sale of Premium Motor Spirit (petrol) at a pump price of ₦739
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Smartphones Fuel Nigeria’s Mobile Forex Trading Boom
Mobile trading in Nigeria is no longer limited to tech-savvy investors or financial professionals. It has rapidly evolved into a
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IBEDC Blames National Grid Shortfall for Widespread Power Outages
The Ibadan Electricity Distribution Company (IBEDC) has explained that the ongoing power outages affecting its service areas are due to
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