The Central Bank of Nigeria injected a total of $4.1bn into the foreign exchange market in the first half of 2025, a move aimed at stabilising the naira and easing liquidity pressures in the currency market. […]
President of the Dangote Group, Alhaji Aliko Dangote, has announced plans to reduce the price of Liquefied Petroleum Gas, also known as cooking gas. He also promised to start direct sales of the product to […]
As the crisis in the Nigerian Communications Commission, NCC, deepens over the controversial promotion exams and as activists within the commission remain unyielding in their demands for reforms and proper governance, reports indicate that staff […]
The House of Representatives Committee on Solid Minerals Development has condemned the actions of two Chinese companies that owe the Federal Government over ₦15 billion in Value Added Tax (VAT). The Committee Chairman, Jonathan Gaza, […]
Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, said the company is considering selling some of its refineries as it grapples with challenges in their rehabilitation. Speaking in an interview […]
A Federal Capital Territory (FCT) High Court in Abuja has sealed the regional head office of Keystone Bank following serious allegations of the bank withholding customers’ funds and refusing to process legitimate withdrawal requests. The […]
The President of the Dangote Group, Alhaji Aliko Dangote, has doubted the possibility of the state-owned Port Harcourt, Warri, and Kaduna refineries functioning again. Dangote also stated that the refineries, which are under the management […]
Five years and four months have passed since Good as Good Ventures, a Port Harcourt-based company, supplied goods worth N775,200 to ALCON Nigeria Limited without receiving payment. ALCON Nigeria Limited is an engineering and civil construction company […]
Dangote Refinery has again, within a week interval, reduced its ex-depot price of Premium Motor Spirit (PMS), commonly known as petrol, from N840 per litre to N820 per litre, effective immediately. It would be recalled […]
The Economic and Financial Crimes Commission (EFCC) has re-arraigned the Managing Director and Chief Executive Officer of Telecom Satellites Limited (TStv), Bright Echefu, alongside three others, on amended charges bordering on money laundering, alleged fraud […]
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