Business & Economy
CBN Blames Aging Infrastructure for 24.72% Drop in Q3 Oil Revenue
The Central Bank of Nigeria (CBN) has attributed the significant decline in the country’s oil revenue for the third quarter of 2024 to ...
Business & Economy
World Bank Eliminates Loan Fees to Support Vulnerable Nations
The World Bank has announced a series of reforms to make borrowing more affordable for vulnerable countries, aligning with its efforts to tackle ...
Business & Economy
NLC Commends Dangote Refinery for Fuel Price Reduction, Citing Economic Relief for Nigerians
The Nigeria Labour Congress (NLC) has praised Dangote Refinery for its recent reduction in fuel prices, describing the move as a timely intervention ...
Business & Economy
Lagos Markets Buzz with Last-Minute Christmas Shoppers Amidst Soaring Prices
Lagos markets were bustling with activity on Tuesday as Nigerians thronged popular spots to make last-minute purchases ahead of Christmas. However, the festive ...
Business & Economy
CBN, NCC Set July 2025 Deadline for Resolution of ₦250bn USSD Debt Dispute
The Central Bank of Nigeria (CBN) and the Nigerian Communications Commission (NCC) have issued a final directive to Deposit Money Banks (DMBs) and ...
Business & Economy
American Airlines Grounds US Flights for an Hour Due to Technical Issue on Christmas Eve
American Airlines, the world’s largest carrier, resumed operations on Tuesday after a nationwide flight disruption caused by a technical issue on Christmas Eve. ...
Business & Economy
Fuel Prices Fall to N935/Litre Nationwide as Dangote Refinery Slashes Costs
Starting today, the price of petrol across Nigeria will drop to N935 per litre, following a major adjustment in the pricing structure by ...
Business & Economy
Court of Appeal Orders MTN Nigeria to Pay ₦15 Million for Unlawful Airtime Deductions
In a landmark decision, the Court of Appeal sitting in Abuja has directed MTN Nigeria Communications Limited to pay ₦15 million in damages ...
Business & Economy
Petrol Price Drops to N939.50
Oil marketers have slashed the price of Premium Motor Spirit (PMS), commonly known as petrol, by 11.8 percent, bringing the pump price down ...
Business & Economy
Nigeria to Hold Fresh Oil Bidding Round in 2025, Targets Gas Development
The Nigerian Upstream Regulatory Commission (NUPRC) has unveiled plans for a new oil licensing round in 2025, aiming to boost investments, increase reserves, ...