Business

In furtherance of its National Food Intervention programme, the Aliko Dangote Foundation has commenced the distribution of…

The long-term dispute between telecommunications operators and commercial banks over unpaid Unstructured Supplementary Service Data fees appears to be drawing to a close, as telecom companies confirm the recovery of…

Members of the Major Energies Marketers Association of Nigeria say they will discuss with the Dangote Petroleum Refinery to fully understand the implementation of its plan to supply directly to filling stations…

Oil marketers say they have commenced negotiations with international traders to import cheaper Premium Motor Spirit (petrol) into Nigeria to remain competitive in the business. This is even as the Independent Petroleum…

The Securities and Exchange Commission (SEC) has issued a stern warning regarding two cryptocurrency products—Zugacoin and Samzuga GPT—stating that they are not licensed to operate within Nigeria’s financial market. In…

...but administrative bottlenecks need fixing Nigeria’s private healthcare sector is experiencing a revival, driven by recent foreign…

Despite being Africa’s largest crude oil producer, Nigeria imported crude oil worth N1.19tn in the first quarter of 2025 due to poor domestic supply to local refineries, The PUNCH reports. The National Bureau of…

Nigeria’s biggest refinery is bypassing third parties. We unpack what it means for fuel prices, competitors, and consumers. …

Ahmed Indimi has backed Oriental Energy and his father, Muhammadu Indimi, putting him at odds with his sisters in a case that could…

The Federal Government has said it will soon attach citizens’ credit scores to their National Identification Number, creating a single, compulsory record of borrowing and repayment behaviour that follows them across…

Nigeria’s inflation rate dropped to 22.97 per cent in May 2025, the National Bureau of Statistics said on Monday. The figure represents a decline of 0.74 percentage points when compared to the 23.71 per cent recorded in…

A Federal High Court in Lagos, on Monday, halted further proceedings in a suit filed by Ecobank Nigeria over the alleged unlawful sale of N6.3bn shares held by Barbican Capital Ltd., pending the outcome of an appeal at…

…Analysts say the initiative will reduce inflation and create jobs A recent initiative by the Dangote Petroleum…

The management of Fendini Homes Ltd has expressed deep concern over the arrest of its Chairman and Managing Director/CEO, Prince Adelaja Adeoye, over…

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) says the Dangote Refinery’s forward integration adoption could lead to a monopoly in disguise. On June 15, Dangote refinery said it would…

…Offer open to Marketers, Petrol Dealers, Manufacturers, Telecoms Firms, Aviation and other large users Dangote Petroleum Refinery is pleased to…

The ongoing Israeli-Iran conflict has triggered an upward adjustment in petrol prices by 10 marketers as crude oil rose 8.8 per cent to $74 per barrel from $68 per barrel. Crude prices are expected to rise further…

MultiChoice Group, has mulled a weekly subscription model across its markets, including Nigeria.The decision is aimed at stemming the falling tide in…

In a bold move that has sent ripples through Nigeria’s corporate and investment circles, Strategic Consultant Ltd, one of Lafarge Africa’s minority shareholders, has stepped into the spotlight, challenging alleged…

Nigerians imported food and beverages valued at N1.67tn between January and March 2025, according to latest data from the National Bureau of Statistics. The figure represents a marginal increase of five per cent…

The Nigerian National Petroleum Company (NNPC) has declared that it made N5.89 trillion in revenue in April 2025. A document titled ‘NNPC Limited Monthly Report Summary – April 2025’, posted on the national oil…

Jesam Michael, Chief Executive Officer of Afriq Arbitrage System Limited, was on Tuesday, June 10, 2025, arraigned by the Economic and Financial Crimes…

Halima Buba, the chief executive officer of SunTrust Bank Nigeria Limited, has been arraigned by the Economic and Financial Crimes Commission, EFCC, over…

Only two Tier 1 banks, Zenith Bank and Access Holdings Plc, have surpassed the N500 bn share capital and share premium threshold set by the Central Bank of Nigeria for banks with international licences, Proshare…