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Category: Business
Africa must take ownership of its energy policies, resources
The Group Chief Executive Officer of NNPC Limited, Engr. Bayo Ojulari has called on African nations to take full ownership of their energy policies and…
Dangote refutes claims of cheaper petrol sales in Togo
The Dangote Group has denied allegations by the Depot and Petroleum Product Marketers Association of Nigeria (DAPPMAN) that its refinery sells petrol to international traders…
Naira appreciates below N1,500 against dollar first time in seven months
The Naira on Monday appreciated to below N1,500 per dollar at the official foreign exchange market for the first time since February 2025. The Central…
Relief for businesses as FG suspends 4% FOB import charge
There is relief for Nigerian businesses as the Federal Government under President Bola Ahmed Tinubu has suspended the 4 per cent Free on Board (FOB)…
Fifth inflation drop sparks call on CBN to cut interest rate
The consecutive decline in Nigeria’s headline inflation for the fifth time has intensified calls for the Central Bank of Nigeria to cut interest rates. THE…
Elon Musk buys $1 billion in Tesla shares
CEO Elon Musk bought about $1 billion worth of shares in Tesla, according to a regulatory filing, sending the share price up six percent on…
BREAKING: Nigeria’s inflation rate drops for 5th time amid falling food prices
Nigeria’s inflation rate declined for the fifth consecutive time to 21.12 percent in August, down from 21.88 percent in July 2025 amid a drop in…
Tinubu approves N90bn hajj subsidy in 2024, fare reduction – NAHCON
The National Hajj Commission of Nigeria (NAHCON) has rolled out a series of performances under President Bola Ahmed Tinubu. THE PRIME NEWS reports that the…
Canada rejects 1596 Nigerian asylum applications
Canada has denied 1,596 asylum claims filed by Nigerians so far in 2025, fresh data from the Immigration and Refugee Board show. THE PRIME NEWS…
No need for separate TIN to operate bank accounts — FIRS official
The Federal Inland Revenue Service (FIRS) has dismissed claims that Nigerians must obtain a separate Tax Identification Number before they can own or operate a…