Dangote faces price war as NNPC backs fuel imports
The Nigerian National Petroleum Company Limited has told the Federal High Court sitting in Lagos that petroleum products from the Dangote Petroleum Refinery and...
Marketers fear scarcity as cooking gas hits N1,500/kg
The Nigerian Association of Liquefied Petroleum Gas Marketers has raised the alarm over the erratic supply and rising cost of Liquefied Petroleum Gas, otherwise...
NCAA suspends debt enforcement against domestic airlines
The Nigeria Civil Aviation Authority has temporarily suspended its “No-pay, No-service” enforcement directive against domestic airlines over outstanding statutory remittances, citing the need to...
Mercy Johnson faces backlash over N25,000 menstrual kit
Mercy Johnson Okojie has come under criticism online following her unveiling as brand ambassador for Girls Tag, a menstrual care brand reportedly selling at...
Roy Murray-Bruce named chairman of Silverbird Group
Ben Murray-Bruce, founder of the Silverbird Group, has announced the appointment of Mr Roy Murray-Bruce as the new Chairman of the conglomerate, succeeding him...
Traders association seeks China visa support for members
The Made-in-China Goods Traders Association of Nigeria has appealed to the Chinese government to provide visa support and greater trade opportunities for its members...
Regulatory Clarity: NUPRC and NMDPRA align to resolve overlaps and attract investment
The Nigerian Upstream Petroleum Regulatory Commission and the Nigerian Midstream and Downstream Petroleum Regulatory Authority have pledged deeper collaboration to eliminate regulatory uncertainties and...
Eid-el-Kabir: Bauchi lifts suspension on cattle markets
The Bauchi State Government has lifted the suspension placed on commercial activities in some cattle markets across the state ahead of the forthcoming Eid-el-Kabir...
FG targets substandard goods via enhanced measurement standards
The Federal Government has reiterated its commitment to strengthening standardisation, quality assurance, and metrology as part of its efforts to drive industrial growth, protect...
AfCFTA: FG drives Nigerian startups toward continental expansion
The Federal Government has declared that the African Continental Free Trade Area has moved beyond negotiations and entered a critical implementation phase, urging Nigerian...
Dangote hosts Otedola, First HoldCo executives at refinery
President and Chief Executive of Dangote Industries Limited, Aliko Dangote, on Wednesday hosted the Chairman of First HoldCo Plc, Femi Otedola, alongside senior executives...
Dangote unveils plan for multi-billion-dollar Olokola seaport
Dangote Industries Limited has commenced preliminary processes for the construction of a deep-sea port spanning over 10,000 hectares at the Olokola Free Trade Zone...
Lagos bans petroleum tankers from transporting edible oil
The Lagos State Government has banned the use of petroleum tankers in the transportation and distribution of edible oil as part of efforts to...
Investment platform ‘XM Future Music Group’ collapses, locking users’ capital
Another online investment platform identified as “XM Future Music Group” has reportedly crashed, leaving many Nigerians stranded and unable to access their funds.
The platform...
Femi Otedola acquires £53m London mansion — Report
Nigerian businessman Femi Otedola has acquired a mansion in London for £53 million (about $72 million), adding to recent high-value property transactions in the...
Dangote declines NNPC refinery stake expansion
The President of the Dangote Group, Alhaji Aliko Dangote, has said the group rejected requests by the Nigerian National Petroleum Company Limited to increase...
Nigeria misses OPEC oil production quota again
Again, Nigeria has missed its crude oil production quota set by the Organisation of the Petroleum Exporting Countries after averaging 1.49 million barrels per...
Dangote exports 1.66bn litres fuel amid US-Iran tensions
Fresh data from the Nigerian Midstream and Downstream Petroleum Regulatory Authority has shown that the Dangote Petroleum Refinery & Petrochemicals exported an estimated 1.66...
NNPC, NUPRC remit N322bn, $116.9m following Tinubu’s direct revenue order
The Nigerian National Petroleum Company Limited and the Nigerian Upstream Petroleum Regulatory Commission remitted over N322bn and $116.9m into the Federation Account within two...
FG, World Bank in talks over second-largest $1.25bn facility
The Federal Government has stepped up engagement with the World Bank for a fresh $1.25bn loan to support economic reforms, job creation, and competitiveness,...