The price war in the downstream oil sector continued on Thursday as the Dangote Petroleum Refinery quietly implemented a price reduction at its loading gantry, reducing the loading cost of its petrol... Read more »
Nigeria’s telecoms sector has witnessed a robust recovery, with active subscriptions surging to 169.3 million in January 2025, up from 164.9 million in December 2024. The Nigerian Communications Commission (NCC) made this... Read more »
The Naira yesterday appreciated to N1,490 per dollar in the parallel market from N1,502 per dollar on Tuesday. Similarly, the Naira appreciated to N1,499.8 per dollar in the Nigerian Foreign Exchange Market... Read more »
Dangote Petroleum Refinery has announced a N65 reduction in the ex-depot price of petrol, lowering it from N890 to N825 per litre, effective February 27, 2025. The price cut is aimed at... Read more »
The Federal Government has spent nearly $8 billion in efforts to stabilize the naira amid persistent economic challenges, according to Bismarck Rewane, CEO of Financial Derivatives Company. Speaking on Channels Television’s News... Read more »
Nigeria’s largest telecom operator, MTN, has issued a public apology to its customers following widespread complaints about a sudden 200% increase in the price of its popular 15GB data bundle. The price... Read more »
Introduction Blockchain and its most vocal application, Cryptocurrencies, are a mainstay of our society today. For a developing region like Africa, it has stepped up to fill many gaps caused by inadequate... Read more »
Nigerians have been thrown into panic following a massive price hike by MTN, raising the cost of its 15GB data plan from N2,000 to N6,000. The sudden increase has sparked outrage among... Read more »
Your Office on the Go—Welcome to Café One Enugu! Missed the grand opening of Café One Enugu? No worries—we’re still bringing the experience to you! Café One Enugu isn’t just a coffee... Read more »
Dangote Petroleum Refinery has lowered the ex-depot price of petrol (PMS) from N950 to N890, effective Saturday, 1st February 2025. This move follows positive trends in the global energy market and a... Read more »
Popular retail chain Spar has announced that, starting February 1, 2025, customers will be charged ₦150 per nylon bag due to new government regulations banning the use of plastic bags. In a... Read more »
Oil marketers have revealed that the landing cost of Premium Motor Spirit (petrol) as of Friday was N922.65 per litre. Dealers said this cost factors in various expenses including shipping, import duties,... Read more »
One of Africa’s leading financial institutions, Zenith Bank has reaffirmed its dedication to employee welfare by announcing the promotion of over 4,000 staff members and implementing salary increases ranging from 20% to... Read more »
Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has vowed to tackle the commoditisation ( buying and selling) of Naira notes, which has become widespread in the country. CBN... Read more »
China National Chemical Engineering International Corporation Ltd (CNCEC) has announced its commitment to support Nigeria’s ambitious $20 billion Ogidigben Gas Project in Delta State, marking a significant milestone in the bilateral economic... Read more »
The Nigerian Communications Commission (NCC) has approved the request of telecommunications companies to raise tariff. According to Reuben Mouka, spokesman of the commission, the approval was granted in pursuant to its power... Read more »
Dangote Refinery has assured Nigerians that three of its partners will sell petrol for ₦970 per litre nationwide despite the company’s recent increase in the ex-depot price of petrol. A spokesman for... Read more »
Bosun Tijani, the minister of Communications, Innovation, and Digital Economy, has disclosed that the anticipated hike in telecom service prices may push the floor costs of calls, SMS, and data up by... Read more »
The Organisation of the Petroleum Exporting Countries (OPEC) has highlighted how the Dangote Petroleum Refinery’s efforts to boost Premium Motor Spirit (PMS) production are reshaping the European fuel market. The refinery, with... Read more »
Nigerian telecommunications companies said they proposed a 100 per cent tariff hike to the regulator, the NCC, across voice, data and digital and are awaiting approval. The proposal, which has been submitted,... Read more »