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Category: Business
Saudi Arabia’s largest refinery burns after Iranian drone strike
Saudi Arabia’s largest oil refinery, the Saudi Aramco facility in Ras Tanura, has gone up in flames after being hit by an Iranian drone on…
Dangote Refinery increases petrol price by N75
Dangote Refinery has increased its Premium Motor Spirit gantry price. The 650,000-barrel-per-day refinery increased its petrol price to N874 per liter, up from N799. This…
Iran-US-Israel war: Nationwide petrol price hike to hit Nigerians
Nigerian petroleum marketers and retailers say the retail price of Premium Motor Spirit will go up from today, Tuesday and Wednesday, 3rd and 4th March,…
Nigerian Govt begins February salary payment to workers
The Office of the Accountant-General of the Federation (OAGF), has announced that the Federal Government has commenced the payment of February 2026 salaries to workers….
Nigerians in Qatar, UAE, Iran seek evacuation details – NiDCOM
The Nigerians in Diaspora Commission (NiDCOM), has confirmed that Nigerians residing in Qatar, United Arab Emirates, and Iran have begun making enquiries about possible evacuation…
MTN Nigeria posts N5.2tn revenue, boosts economy
MTN Nigeria has reaffirmed its position as a critical driver of the non-oil economy, posting a service revenue of N5.2tn in its 2025 audited financial…
FG seeks Canadian tech, investment to fast-track mining reforms
The Federal Government has intensified efforts to reposition Nigeria’s mining sector, with the Minister of Solid Minerals Development, Dele Alake, stating that the country is…
SSCE 2026: No NIN, no exam, NIMC insists
The National Identity Management Commission (NIMC) has issued a final advisory to parents and guardians, reiterating the mandatory requirement of the National Identification Number for…
CBN recapitalization: 20 Nigerian banks raise N4.05trn — Cardoso gives updates
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that 20 Nigerian banks have successfully raised a total of N4.05 trillion…
CBN interest rate cut triggers N1.141trn loss at NGX
Investors on the Nigerian equities market suffered a major setback on Tuesday, losing N1.141 trillion in market value after the Central Bank of Nigeria reduced…