Business & Economy
Nigeria’s Bonny Light Crude Drops 10.6%, Raising Concerns Over 2025 Budget Revenue
The price of Nigeria’s Bonny Light crude oil has declined by 10.6%, falling to $73.53 per barrel from $84.02 per barrel recorded on ...
Business & Economy
Petrol Prices to Decline Until June 2025, Says Bismarck Rewane
Bismarck Rewane, Managing Director of Financial Derivatives Company Limited, has projected a continued decline in petrol prices until June 2025. Speaking on Channels ...
Business & Economy
Subscriptions Soar to 169.3 Million as MTN and Airtel Lead the Charge
Nigeria’s telecommunications sector has made a remarkable comeback, with active mobile subscriptions rising to 169.3 million in January 2025, up from 164.9 million ...
Business & Economy
PETROAN Applauds NNPC, Dangote Refinery for Fuel Price Reduction
The Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN) has commended NNPC Retail Ltd for reducing the price of Premium Motor Spirit (PMS), ...
Business & Economy
India Turns to Nigeria for Crude as Russia Supply Dwindles
India has increased its crude oil imports from Nigeria following a significant decline in Russian supplies, marking a strategic shift in global oil ...
Business & Economy
Nigerians Decry New N100 ATM Withdrawal Charges as Banks Load Cash to Limit Complaints
Lagos, Nigeria – As Nigerian banks implement the revised ATM transaction fees mandated by the Central Bank of Nigeria (CBN), customers are expressing ...
Business & Economy
SMEs, CSOs Reject Proposed Electricity Tariff Hike, Warn of Economic Fallout
ABUJA – Small business owners and civil society organizations (CSOs) have strongly opposed the Federal Government’s proposed electricity tariff hike, warning that it ...
Business & Economy
Dangote Refinery Slashes Petrol Price Again, Now N825/Litre
For the second time in February, Dangote Petroleum Refinery has reduced the ex-depot price of premium motor spirit (PMS), cutting it from N890 ...
Business & Economy
World Bank Approves $2.2 Billion in New Loans for Nigeria in 2025
The World Bank has approved a total of $2.2 billion in fresh loans for Nigeria in 2025, allocating the funds across six key ...
Business & Economy
FG Unveils Nigeria-Korea ICT Hub to Drive Jobs
The Federal Government has inaugurated the Nigeria-Korea Information Access Centre (IAC) in Abuja, a cutting-edge digital hub aimed at job creation, economic growth, ...