16 Manufacturing Firms Lost ₦792bn To Naira Depreciation – MAN

The chairman of the Ogun State Manufacturers Association of Nigeria (MAN), George Onafowokan, has lamented the crisis in Nigeria’s manufacturing sector following the government’s decision to float the Naira in 2023.  According... Read more »

Multichoice Nigeria loses 243,000 subscribers in 6 months, blames economy

Multichoice Group, the South African Pay-TV operator, has revealed that its Nigerian unit, Multichoice Nigeria lost 243,000 subscribers across its DStv and GOtv services in the six months spanning April to September... Read more »

IPMAN and Dangote Refinery Reach Agreement to Supply Affordable Petroleum to Nigerians

The Independent Petroleum Marketers Association of Nigeria has secured an agreement with Dangote Petroleum Refinery to lift products directly. This, according to the association, will ensure the availability of petroleum to Nigerians... Read more »

Non-Oil Revenue Surge Drives FAAC Earnings to ₦6.28 Trillion in Q2 2024

The revenue of the Federation Account earnings (FAAC) rose to N6.28 trillion in the second quarter of 2024, driven by significant collections from Value Added Tax (VAT), customs, and excise duties. These... Read more »

Our Technology Infrastructure Now Best in Class, Thanks for Your Understanding – Zenith Bank Assures Customers

Zenith Bank Plc has announced that it now boasts the best technology infrastructure in the banking industry, positioning itself to provide an exceptional customer experience and superior service delivery moving forward. This... Read more »

Imported petrol cheaper than Dangote’s N990/litre – Marketers

The Petroleum Products Retail Outlets Owners Association of Nigeria says the Dangote Petroleum Refinery is inconsiderate for selling petrol at N990/litre, stressing that the company enjoyed massive concessions while accessing foreign exchange... Read more »

No Going Back On FOREX, Subsidy Reforms – Finance Minister

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has stated that there is no going back on President Bola Tinubu’s reforms in the forex as well as the oil... Read more »

Dangote Refinery Sells Petrol At ₦‎960/Litre To Ships, ₦‎990 For Trucks

Dangote Refinery has disclosed the price of its petrol, saying that it sells at N990 per litre in trucks and N960 per litre into ships. The disclosure follows the Independent Petroleum Marketers... Read more »

IKE-NIBO RESOURCES LIMITED: Quality Drinks for Every Occasion—Order Now

We are proud distributors of top brands including Nigeria Breweries PLC, Guinness PLC, International Breweries, Nkwụ Ọcha 042 Palm Wine, BOLZANO RED WINE, and a variety of hot drinks. Based in Enugu... Read more »

Moniepoint valued at $1 billion as Google, others invest $110 million

Nigerian fintech, Moniepoint, has secured a $110 million investment from multiple investors including Google, bringing its valuation to $1 billion and giving it a unicorn status. The Series C investment was led by... Read more »