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Category: Business
CBN probes 19.7 million dormant bank accounts
The number of dormant bank accounts in Nigeria is over 19.69 million, according to the industry customer account database released by the Nigeria Inter-Bank Settlement…
Dangote, NNPCL refineries not supplying 50% local fuel demand –FG
Despite having a combined refining capacity of 985,000 barrels per day, the Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has disclosed…
‘Prices of Spaghetti, flour dropped’ – Nigerian govt tells traders to reduce food cost
Nigeria’s federal government has told retailers to reduce food prices and shunned exploiting consumers amid January’s drop in the inflation rate to 24.48 per cent….
NNPCL has not imported petrol in 2025 — Kyari
The Group Chief Executive Officer of the Nigerian National Petroleum Company, NNPC, has clarified that the company has not imported a single litre of Premium…
Nigerian Govt slams Binance with fresh $81.5bn lawsuit
The Federal Government has asked an Abuja Federal High Court to compel cryptocurrency platform, Binance, to pay N79.51 billion and N231 million, which is equivalent…
US Tax refund: Elon Musk agrees to discuss ‘DOGE Dividend’ with Trump
The United States of America billionaire has agreed to discuss a Department of Government Efficiency Dividend proposal, which means tax refunds will be sent as…
Alleged USAID funding of terrorism: Senate summons Intelligence Chiefs for investigation
The Nigerian Senate reacting to the alleged funding of terrorism in Nigeria by the United States Agency for International Development USAID, Wednesday summoned Security Intelligence…
Price war: Nigerians dump NNPCL petrol for Dangote
Many Nigerians have dumped Nigerian National Petroleum Company Limited (NNPLC), retail outlets for the Dangote Refinery, in partnership with MRS filling stations. Our correspondent who…
‘If $23bn refinery didn’t work, I was dead’ – Dangote
Nigerian billionaire businessman, Aliko Dangote, has claimed his $23bn refinery project is the “biggest risk” of his life. Dangote stated this in an interview with…
Tariff hike: Airtel raises data, call rates
Airtel Nigeria, the country’s second-largest telecom operator, has revised its data pricing structure, implementing a tariff adjustment of up to 50 per cent, according to…