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Category: Business
BREAKING: Nigeria’s inflation drops to 22.97%
The National Bureau of Statistics (NBS) on Monday, announced that Nigeria’s headline inflation rate has dropped to 22.97 percent. NBS said the May 2025 headline…
Lagos to host Africa’s supply chain devt summit
Africa’s supply chain development is the focus of an upcoming summit, which will bring together industry stakeholders across the continent to transform the continent’s procurement…
N3.6bn ground rent: FG in last-minute talks with embassies
The Federal Government has indicated that concerns over ground rent obligations involving several foreign embassies in the Federal Capital Territory will be addressed through established…
CBN to offer N162bn worth of Treasury Bills in upcoming auction
The Central Bank of Nigeria (CBN) is set to hold a primary market auction next Wednesday, offering N162.018 billion worth of Treasury bills for investors’…
Nigerian govt forfeits $4m from World Bank loan
The Nigerian government may lose $4 million from a World Bank loan after failing to get a pass mark on key audit standards in its…
Dangote vows ‘major shakedowns’ in Nigeria’s oil sector
The president of Dangote Group and founder of Dangote Refinery, Aliko Dangote has vowed that there will be major shakedowns in Nigeria’s downstream oil and…
Why Dangote should sell PMS for N770 per litre — IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has explained that Dangote Refinery should sell premium motor spirit around N770 per litre. The spokesperson of…
Customers to pay banks USSD fees through airtime – NCC
The Nigerian Communications Commission (NCC) has directed Deposit Money Banks to start deducting charges for unstructured supplementary service data transactions directly from users’ mobile airtime….
Nigeria’s petrol price 55 percent below West African average – Dangote
President of Dangote Refinery, Aliko Dangote, has said that with the 650,000 barrels per day refinery price cuts, Nigeria’s premium motor spirit price is now…
NNPCL reduces fuel pump price
The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of premium motor spirit, PMS. Our correspondent who went round NNPCL filling stations…