Business & Economy
China To Establish Electric Vehicle Factories in Nigeria
The Chinese Ambassador to Nigeria, Mr. Yu Dunhai, has emphasized the need for stronger bilateral collaboration to unlock the full potential of Nigeria’s ...
Business & Economy
World Bank Flags NNPCL Over Incomplete Subsidy Revenue Remittance
The World Bank has raised concerns over the Nigerian National Petroleum Company Limited’s (NNPCL) partial remittance of revenue gains following the removal of ...
Business & Economy
NIMASA Unveils 12 Approved Banks to Disburse $360m CVFF, Opening New Era for Indigenous Shipowners
The Nigerian Maritime Administration and Safety Agency (NIMASA) has officially released an expanded list of 12 Primary Lending Institutions (PLIs) approved to disburse ...
Business & Economy
‘Data Is Now a Luxury’: Nigerians Decry Telecom Tariff Hike Amid Soaring Hardship
Nigerians, especially in the northern region, are expressing deep frustration over the recent 50 percent hike in telecommunications tariffs approved by the Nigerian ...
Business & Economy
Dangote Refinery Slashes Petrol Price Again, Retailers Set to Adjust Pump Prices Nationwide
Petroleum marketers and retailers have confirmed that the latest price cut by Dangote Refinery will lead to a reduction in petrol pump prices ...
Business & Economy
World Bank Flags Nigeria’s 2025 Budget Projections as ‘Ambitious’, Urges Reforms to Meet $1 Trillion Economy Goal
The World Bank has raised concerns over the Federal Government’s 2025 budget assumptions, describing its key projections—oil production at 2.1 million barrels per ...
Business & Economy
CBN Raises Alarm Over Fake Contracts, Loans and Grants Circulating on Social Media
The Central Bank of Nigeria (CBN) has issued a stern warning to Nigerians, urging them to be wary of fraudulent individuals and groups ...
Business & Economy
JUST IN: Dangote Refinery Slashes Petrol Price to ₦825/Litre
In a move that reflects intensifying competition in Nigeria’s domestic fuel market, Dangote Petroleum Refinery has announced a further reduction in the gantry ...
Business & Economy
Dangote Refinery Counters Marketers’ Claims, Says Facility Produces More Than Enough Fuel for Nigeria
The Dangote Petroleum Refinery has dismissed assertions by oil marketers that it lacks the capacity to meet Nigeria’s domestic fuel needs, insisting it ...
Business & Economy
May Day Outcry: NLC, TUC Blame Greed and Incompetence for Nigeria’s Energy Sector Collapse
Leaders of the Nigeria Labour Congress (NLC) and the Trade Union Congress (TUC) have issued a damning critique of Nigeria’s energy sector, attributing ...