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The Nigerian Communications Commission (NCC) and the Corporate Affairs Commission (CAC) have announced a new compliance requirement mandating telecommunications companies to obtain regulatory approval before effecting...
Filling stations in parts of Lagos and Ogun states have reduced the price of petrol to an average of N1,205 per litre as of Sunday. The...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has revealed a growing reliance by Dangote Petroleum Refinery on imported gasoline blendstock, mainly to boost its refined...
Abdul Samad Rabiu, chairman of BUA Group and Africa’s second-richest man, has taken delivery of a Bombardier Global 8000 private jet valued at approximately $81 million,...
Across Nigeria, the once-thriving football viewing centres that turned ordinary nights into communal celebrations are steadily fading into silence due to rising fuel prices, costly pay-TV...
Nigeria’s external reserves have risen to $51.04 billion, their highest level in about 17 years, reflecting stronger foreign exchange inflows, improved liquidity conditions and the impact...
Nigeria’s launch of FreeTV marks the latest attempt to reshape the country’s television landscape. Backed by government and positioned as a cornerstone of the long-delayed digital...
The Nigerian National Petroleum Company Limited (NNPC) spent the better part of three decades and tens of billions of dollars on three refineries it built, owns...
Five months after Michael Ade-Ojo graduated from the University of Nigeria, Nsukka, with a business administration degree, he sold his first car. It was 1965. He...
Nigerian fuel marketers are increasingly importing refined petroleum products originating from the Dangote Petroleum Refinery through the offshore ship-to-ship trading hub in Lome, Togo, according to...