Dangote Petroleum Refinery and Petrochemicals has slashed its ex-depot price of petrol, also known as Premium Motor Spirit (PMS), from N865 to N835 per litre. The refinery had previously reduced its gantry... Read more »
The Customs Area Controller of Oyo/Osun Area Command, Comptroller Joseph Olugbuyi Adelaja, has appealed for continued cooperation and support from the Ooni of Ife, Oba Adeyeye Enitan Ogunwusi Ojaja II, and the... Read more »
The Nigerian equities market yesterday recovered from the previous sessions’ losses with a gain of N19 billion on investors’ interest in Unilever Nigeria Plc and 23 others. The All-Share Index rose by... Read more »
Walcot Limited has signed a landmark Production Sharing Contract (PSC) with the Angolan National Agency for Petroleum, Gas, and Biofuels (ANPG) for Block CON 3, following its successful bid for three oil... Read more »
China has directed its airlines to stop taking delivery of Boeing jets in a retaliatory move amid the escalating trade war with the United States. According to a Bloomberg report, the move... Read more »
Over 6m vulnerable Nigerians received N75,000 CCT grant – Minister The World Bank on Tuesday disclosed plans to support Nigeria with $800 million to boost the Conditional Cash Transfer (CCT) initiative of the present... Read more »
In a significant development, the naira on Tuesday appreciated to N1,618 per dollar at the parallel market from N1,620 per dollar on Monday. But, the Naira depreciated to N1,604 per dollar in... Read more »
The federal government yesterday hinted at plans to double the national herd to 398.9 million heads by 2035 through the implementation of the newly developed National Animal Feeds and Fodder Policy (NAFFP).... Read more »
Nigerian exporters can significantly reduce their reliance on the Central Bank of Nigeria (CBN) for foreign exchange by adopting self-sustaining forex strategies, industry experts have said. These include leveraging offshore accounts, diaspora... Read more »
The Nigeria Employers’ Consultative Association (NECA), has canvassed support for the Federal Government and other stakeholders including the Organised Private Sector of Nigeriaon the implementation of expatriate reforms. The Director-General of NECA,... Read more »
President Bola Ahmed Tinubu has reaffirmed his administration’s commitment to boosting food security in the country through the modernisation of irrigation systems and active youth engagement in agriculture. The president stated this... Read more »
There is growing tension among users of CBEX, a popular cryptocurrency and forex trading platform, following reports that the company has emptied the accounts of hundreds of investors without prior notice. CBEX,... Read more »
The Federal Government has called on the member states of the European Union (EU) to continue to provide technical, financial, and other assistance to Nigeria, especially the power sector, which is the... Read more »
Commercial banks and some manufacturing companies in Nigeria have defied all odds to make huge profits and declare impressive dividends for their shareholders in the 2024 financial year. Findings on Sunday showed... Read more »
In continuation of its 2025 Annual National Food Intervention Programme, the Aliko Dangote Foundation (ADF), has distributed 50,000 bags of rice to poor and vulnerable families in Kebbi and Gombe States. Flagging... Read more »
The Women Farmers Advancement Network (WOFAN) has supported 18,000 young farmers in Kano and Jigawa States to acquire two multi-crop harvesters and twelve tractors, aiming to boost agricultural productivity and support its... Read more »
Minister of Interior, Olubunmi Tunji-Ojo, has expressed the importance of prioritising local talent by emphasising the value of employing Nigerians for jobs that can be filled by the local workforce. He stated... Read more »
Nigeria’s crude oil and gas reserves have hit a record high of 37.24 billion barrels and 210.5 trillion cubic feet, according to the chief executive of the Nigerian Upstream Petroleum Regulatory Commission... Read more »
In a move aimed at complementing government initiatives on entrepreneurship development, the Stephen Akintayo Foundation has announced plans to empower one million entrepreneurs across Nigeria to accelerate economic growth and job creation.... Read more »
Minister of State Petroleum Resources (Gas), Ekperikpe Ekpo, has charged the new leadership of the Nigerian National Petroleum Company Limited (NNPC Ltd.) to prioritize the completion of the Ajaokuta-Kaduna-Kano (AKK) and Obiafu-Obrikom-Oben... Read more »