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Nigerian businesses are entering 2026 with a surge of widespread optimism, according to the December 2025 Business Expectations Survey Report released by the Central Bank of...
U.S. dollar inflows into Nigeria’s official foreign exchange market fell sharply last week. Total dollar inflows into the Nigeria Foreign Exchange Market (NFEM) declined by 20.67%...
Nigeria Liquefied Natural Gas Limited (NLNG) has appointed Leye Falade as its chief executive officer (CEO). He will take over from Philip Mshelbila on April 26....
A petrol price fight is widening across Nigeria, and one of the aggressive challengers is MRS Oil Nigeria, controlled by businessman Sayyu Dantata, a relative of...
Flutterwave, Africa’s largest fintech company, has acquired Nigerian open banking startup Mono in an all-stock transaction valued between $25 million and $40 million. The acquisition brings...
CIG Motors Co. Ltd has terminated the appointment of its Executive Director and Acting Managing Director of Lagride, Jubril Arogundade According to a statement by the company, the decision...
A Federal High Court sitting in Abuja has ordered Nigerian National Petroleum Company Limited (NNPCL) to supply information regarding the emergency $3 billion “crude-for-cash” loan obtained...
Complicates Nigeria’s fiscal fragility, threatens naira stability • OPEC weighs in as eight members meet over supply cut Geopolitical developments in Venezuela and the prospect...
Despite its transition into a commercial entity, the Nigerian National Petroleum Company Limited is grappling with mounting financial pressure as unviable and underperforming subsidiaries deepen inter-company...
Officials of the the Dangote Petroleum Refinery have said that the plant pumped 43.3 million litres of Premium Motor Spirit (petrol) into the Nigerian market on...