Dangote Says Fuel Is Cheaper to Load from Lomé Than Nigeria
Aliko Dangote, President of the Dangote Group, has voiced serious concerns over the logistics and regulatory challenges facing his $20
Read More
Business
Enugu Reduces Band A Electricity Tariff to N160 per kWh from August 2025
Enugu State has announced a significant drop in electricity prices for its Band A customers. The new rate will be
Read More
Telcos Raise Alarm as Vandalism Threatens Telecom Services in Nigeria
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has raised urgent concerns over growing cases of vandalism and theft
Read More
Nigeria’s Electricity Subsidy Jumps to N1.94tn in 2024 Despite Tariff Increase
Nigeria’s electricity subsidy has gone up sharply in 2024. The government now has to pay N1.94 trillion to cover the
Read More
UBA Launches N157bn Rights Issue with Over 3.15 Billion New Shares
United Bank for Africa (UBA) Plc is planning to raise over N157 billion through a major rights issue. This move
Read More
Anambra Revenue Agency Refutes Peter Obi’s Claim on Brewery’s Tax Contribution
The Anambra State Internal Revenue Service (AIRS) has strongly disagreed with claims made by former Governor and 2023 Labour Party
Read More
Nigeria Can Produce 60,000MW of Power, Says Dangote
Aliko Dangote, President of the Dangote Group, has said that Nigeria has no reason to be struggling with power generation.
Read More
UK and Lagos Launch N1.5bn Fund to Boost Creative Entrepreneurs in Nigeria
A major financial breakthrough is on the horizon for Nigeria’s creative sector as the United Kingdom and the Lagos State
Read More
Marketers Protest as Dangote Vows to Crash Cooking Gas Prices in Nigeria
Tension is rising in Nigeria’s gas sector as Aliko Dangote, Africa’s richest man and president of the Dangote Group, announces
Read More
NCF Plants 184,000 Trees to Help Save Nigeria’s Forests
The Nigerian Conservation Foundation (NCF) has announced that it planted 184,000 trees in 2024 as part of its plan to
Read More
Ogun State Boosts Local Economy with Soft Loans for Artisans
The Ogun State Government has rolled out soft, low-interest loans for artisans as part of efforts to empower local entrepreneurs
Read More
One Year After FG’s Promise, Electricity Subsidy Still Out of Reach for Schools and Hospitals
One year after the Federal Government promised to subsidise electricity for Nigeria’s public hospitals and educational institutions, the pledge remains
Read More
Dangote Refinery Cuts Petrol Price Again to Ease Pressure on Nigerians
The Dangote Petroleum Refinery has again reduced the price of petrol, cutting it from ₦840 to ₦820 per litre. This
Read More
Tinubu Says N4tn Fuel Subsidy Savings Now Used for Infrastructure and Economic Reform
President Bola Ahmed Tinubu has reaffirmed that his administration is using the ₦4 trillion saved from removing fuel subsidies to
Read More
Conoil, Julius Berger Exit NGX 30 as Aradel and Wema Bank Join in Market Reshuffle
The Nigerian Exchange Limited (NGX) has made significant adjustments to its NGX 30 Index as part of its 2025 half-year
Read More
Dangote Refinery to Spend Over ₦1tn Yearly on Free Fuel Distribution Across Nigeria
The Dangote Petroleum Refinery has revealed it will absorb over ₦1.07 trillion annually in logistics costs as part of a
Read More
Nigerian Business Mogul Aminu Dantata Dies at 94
Nigeria has lost one of its most respected and influential business icons, Alhaji Aminu Alhassan Dantata, who died at the
Read More
FG Sells N219.38bn Crude to Dangote Refinery in Four Months Amid Currency Dispute and Dual Market Strategy
The Federal Government of Nigeria, through the Nigerian National Petroleum Company Limited (NNPCL), has sold crude oil valued at N219.38
Read More
FG Set to Clear Verified Contractor Payments and Wage Arrears Amid Dual Budget Implementation
The Federal Government of Nigeria has confirmed that it will begin the process of clearing outstanding payments owed to contractors
Read More
Malala Fund Launches $50 Million Global Drive for Girls’ Education, Prioritises Nigeria’s Crisis Regions
The Malala Fund has announced a bold new step in its mission to break down the global barriers holding back
Read More