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Lagos State Government Seals Cubana Chief Priest Lagos Restaurant, The Donald’s Over Noise Pollution
The Lagos state government under the environmental protection agency LASEPA have sealed The Donalds Restaurants in Lekki Lagos state over noise…
BREAKING: We bought fuel from Dangote at N898 per litre – NNPCL
The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that it bought fuel from Dangote Refinery at N898 per litre. The oil firm had moved about 300 trucks to the 650,000 capacity refinery in Lagos, on…
PoS operators explain poor CAC registration
The Association of Mobile Money and Bank Agents in Nigeria has blamed the low turnout for the registration of Point of Sale operators across the country on the ongoing case the association has against the…
Google, Facebook, others paid N2.55tn tax in six months – Report
Google, Netflix, Facebook and other foreign companies operating in Nigeria paid N2.55tn in taxes to the Federal Government in the first six months of 2024, Sunday PUNCH reports. The amount represents an increase…
BREAKING: Dangote petrol to sell for around N800 per litre
As the Nigerian National Petroleum Corporation Limited (NNPCL) starts lifting Premium Motor Spirit (PMS),…
Nigeria’s FX reserves rise by $621.2 million in 10 days after domestic dollar bond sale
Nigeria’s foreign exchange (FX) reserves rose by $621.2 million in 10 days following the successful sale of a domestic dollar bond.…
Delay in licenses’ renewal for terminal operators angers maritime workers
• STOAN Urges NIMASA To Utilise Stevedoring Levy For Dockworkers Maritime Workers Union of Nigeria (MWUN) has expressed displeasure over the continuous delay in the renewal of licenses of terminal operators at the…
P-CNGi expands CNG conversion kit across Nigeria
In a significant step towards promoting cleaner energy solutions, the Federal Government, through the Presidential CNG Initiative (P-CNGi), has expanded the distribution of its CNG conversion kits across Nigeria. The…
Report reveals Nigerian banks lost N42.6bn to fraud in three months
Nigerian commercial banks have suffered a massive loss of N42.6 billion to fraud within just three months, according to a report released by the Financial Institutions Training Centre (FITC). The report covers the…
INSIDE STORY: Despite insurgency, Borno’s multi-billion naira grasshoppers industry taking residents…
The marks of old age were only apparent on Regina Wazani at close range as she moved about…
Dangote refinery will sell petrol to only NNPC…. distribution starts Sunday – FG
The federal government says Dangote Petroleum Refinery will commence the distribution of premium motor spirit (PMS), also known as petrol, on Sunday. Wale Edun, the minister of finance and coordinating minister of…
US court sentences American to 40 years for killing, dismembering Gokada founder
A US district court in New York has sentenced Tyrese Haspil to 40 years in prison for the murder of Fahim Saleh, founder of Gokada, a Nigerian ride-hailing company. Although Haspil was sentenced on Friday, the…
Marketers to start lifting PMS from Dangote refinery Sunday
…25m litres to be delivered daily via NNPC trading Ltd Dangote Refinery is set to commence the distribution of its refined petrol to marketers across…
Multi-Billion Dollar Contract Scandal: Private Company Donnington Drags NigeriaTo International…
A private company, Donnington Nigeria Ltd, along with its foreign partners, has notified the President Bola Tinubu-led Nigerian government of its intention…
Boeing Faces Production Shutdown As Workers Voted Massively To Go On Strike
Workers at Boeing represented by the International Association of Machinists and Aerospace Workers (IAM) have embarked on strike following an overwhelming vote to reject a proposed contract. The strike began at midnight…
FX rates, transport fares will drive inflation in next six months – CBN
The Central Bank of Nigeria (CBN) says inflation will be driven by changes in energy prices, exchange rates, and transportation costs, over the…
External reserves jump by $490m one week after domestic dollar bond issuance
Nigeria’s external reserves, also known as foreign currency reserves, jumped by $490 million in one week following…
NNPC requests permanent presence at Dangote Refinery as part of crude deal
The Nigerian National Petroleum Corporation (NNPC) has requested a permanent presence at the Dangote Refinery as part of their ongoing crude supply deal. This was revealed by Devakumar V.G. Edwin, Vice…
Petrol Marketers Complained To Tinubu That Our Diesel Price Is Too Cheap – Dangote Refinery
Marketers of petroleum products in Nigeria have reportedly written to President Bola Tinubu to complain that the drop in price of Dangote Refinery’s diesel to N900 per litre, is negatively affecting their businesses.…
Marketers, refiners demand total subsidy removal
Petroleum marketers, refiners, and depot owners in Nigeria have called for the full deregulation of the downstream oil sector, seeking to end government price controls due to subsidies. The Major Energies Marketers…
Four million containers handled in five years, say barge operators
The Barge Operators Association of Nigeria has said the group mobilised four million twenty-foot equivalent containers from imports and exports from 2019 to 2024. The President of BOAN, Olabunmi Olumekun,…
NNPC taking Nigerians for granted, says lawmaker who vows to sponsor motion for Kyari’s removal
A federal lawmaker, Clement Jimbo, has called for the removal of the Group Chief Executive Officer of the Nigerian National Petroleum Company…
Stanbic IBTC says FX gains constitute only 10% of its profit
Stanbic IBTC Plc, the Nigerian unit of Standard Bank Group Ltd., expects the proposed windfall tax on foreign exchange gains to have a minimal effect, consuming only a modest portion of 10% of its profits. During an…
GTCO reports profit before tax of ₦1.004trilion, becoming the first Nigerian financial institution…
Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial…