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Julius Rone leads discussion on interconnected gas markets at NOG2025
Julius Rone joins gas summit at NOG Energy Week 2025 in Abuja, highlighting key energy solutions with top experts and…
FCMB Opens New Branch at Sangotedo in Lagos
First City Monument Bank (FCMB) officially commissioned a new branch in Sangotedo, Lagos, on June 26, 2025. Local leaders expressed strong support and high hopes…
New NIN-linked credit system sparks promise, concern
The integration of credit histories into Nigeria’s National Identification Number (NIN) database is poised to revolutionise…
How Chicken Republic owners grew profit almost 9x in one year
In 2024, Food Concepts Plc, the operators of Chicken Republic, PieXpress, and The Chop Box, posted a net income of N3.3 billion. This represents a…
At N3.7bn per km, Nigeria builds Africa’s most expensive roads
In recent times, Nigeria has spent an average of N3.7 billion ($2.31 million) on the construction of a kilometre of road, making it the nation…
Wealthy Nigerians turn to solar as grid fails
In a candid admission that speaks volumes about Nigeria’s ongoing electricity crisis, Biodun Ogunleye, Lagos State commissioner for energy, told the…
Billions burnt, futures mortgaged: Nigerians query subsidy windfall to governors
…Allege profligacy in spending, lifestyle …Want oil subsidy savings saved, not shared When Nigeria’s federal government ended fuel subsidy in mid-2023, it was hailed as a bold step toward fiscal discipline. The…
Again, shareholders accuse government of asset seizure
The Independent Shareholders Association of Nigeria (ISAN) criticised the newly passed legislation mandating the transfer of all unclaimed dividends from registrars to the Central Bank of Nigeria (CBN). Describing the…
Why air fares may not drop soon – Allen Onyema
•Flying in Nigeria cheaper than in most countries •My appeal to FG on behalf of Air Peace Last week, members of the League of Airport and Aviation Correspondents, LAAC, were at Air Peace Headquarters in…
Nigeria’s foreign direct investment dropped by 19.35% to $250m in Q1 2025 – CBN
The Central Bank of Nigeria (CBN) says foreign direct investment (FDI) and portfolio inflows into Nigeria declined in the first quarter (Q1) of 2025. According to the CBN’s Balance of Payments (BoP) report for Q1…
‘I’m inspired to invest more’ — Otedola lauds FG on tax reform laws
Femi Otedola, chairman of First HoldCo, says he is inspired to invest more with the new tax reform laws. President Bola Tinubu had recently signed the four tax reform bills into law. The legislations are…
Digital Identity Blackout: NIMC Silence Deepens as Outage Grounds Key Services
A nationwide digital blackout has struck essential services across Nigeria following a severe server outageat the National Identity Management Commission (NIMC), affecting millions of citizens who rely on the agency’s…
Nigerians earning below N250,000 monthly exempted from Tax — Oyedele
Nigerians earning less than N250,000 monthly will be exempt from income tax under new laws, according to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms. Oyedele made the…
Oborevwori felicitates Julius Rone At 51
Delta State Governor, Rt. Hon. Sheriff Oborevwori, has extended heartfelt felicitations to the Managing Director and Chief Executive Officer of UTM FLNG Limited, Mr.…
MultiChoice slashes DStv decoder price to N10,000… offers free upgrades
MultiChoice Nigeria has slashed the price of its DStv decoder by 50 per cent, dropping it from ₦20,000 to ₦10,000. The company announced that the move aimed to attract more customers and curb declining subscriptions.…
Debt pressure mounts as FG misses revenue target by 31%
... Targets 7% GDP growth as reforms gain traction ... MOFI identifies N38trn underutilised public assets The federal…
SEC’s tenure limit triggers succession fears among CEOs, directors
Many chief executive officers (CEOs), directors of public companies and capital market operators…
Alleged breach: FG arraigns Multichoice chair, MD, others October 7
The Federal Government has fixed October 7, 2025, for the arraignment of the Chairman of MultiChoice Nigeria, Adewunmi Ogunsanya, and the company’s Managing Director/CEO, John Ugbe, over alleged violations of the…
Skye Bank’s Collapse Was Political, Not Mismanagement – Tunde Ayeni
…I regret ever meeting Adaobi Alagwu Former Chairman of the Board of Directors of Skye Bank Plc, Tunde Ayeni, has stated that he regrets ever meeting…
FG to raise N100bn with fresh bond issuance
The Federal Government of Nigeria (FGN) through the Debt Management Office (DMO) has offered green bonds valued at N100 billion for subscription at N1,000 per unit. The DMO announced the offer on its Twitter…
Naira appreciates to N1,600/$ in parallel market
The naira yesterday appreciated to N1,600 per dollar in the parallel market from N1,605 per dollar last weekend. But the Naira depreciated to N1,550 per dollar in the Nigerian Foreign Exchange Market (NFEM). Data…
Lagos plastic ban could trigger job losses – MAN warns
The Manufacturers Association of Nigeria (MAN) has warned that the ban on Single-Use Plastics (SUPs) by the Lagos State Ministry of Environment could lead to job losses and trigger economic, operational and social…
2024: Dangote pays N502.6 billion to Cement Shareholders as Dividends
Shareholders of Dangote Cement on Monday were full of praise for the Board, Management, and staff of the company after approving a…
NNPCL Adjusts Petrol Price From N910 To N945 In Abuja
The Nigerian National Petroleum Company Limited (NNPCL) has increased prices of fuel from N910 to N945 in Abuja. It also adjusted its petrol pump price from N870 to N915 per litre at several of its Lagos retail outlets.…