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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...
Nigeria’s banking industry shut 229 physical branches in one year as customers increasingly relied on point-of-sale (POS) terminals for daily transactions. Data from the Central Bank...
Nigerians withdrew a net N264.48bn from the banking system in November 2025, pushing the total cash held outside banks to N4.91tn, according to the Central Bank...
Companies and statutory bodies that award contracts to unregistered persons will face a N5 million administrative penalty under Nigeria’s tax law. According to the provisions of...