Business

NIPCO to build 20 CNG stations across Nigeria

  • 5th March 2026

Modular refineries could ease diesel shortages – CORAN

  • 5th March 2026

NGX RegCo warns investors against speculative trading practices

  • 4th March 2026

Corporate Income Tax rises to N2.96tn in Q3

  • 4th March 2026

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NIPCO to build 20 CNG stations across Nigeria

Business

Modular refineries could ease diesel shortages – CORAN

Business

National Single Window to boost Nigeria’s trade ecosystem –

Maritime

Liquidity tightens as CBN withdraws N13.41tn from financial system

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Debt
Economy

Nigeria, 10 ECOWAS countries in debt distress – Report

A new report by the Nigerian Economic Summit Group and the Open Society Initiative for West Africa has disclosed that Nigeria and 10 other Economic Community of West African States countries are currently in debt distress based on debt sustainability analysis. The 10 other countries are Benin, Burkina Faso, Cabo Verde, the Gambia, Ghana, Guinea […]

Nigeria, Morocco commence 5,600km gas pipeline project
Oil and Gas

Reps kick as Kyari keeps mum on oil swap deal

THE Group Managing Director of the Nigerian National Petroleum Company Limited, Mele Kyari, on Tuesday, finally appeared before the House of Representatives’ Ad Hoc Committee on the State of Refineries in Nigeria. However, Kyari could not answer some of the critical questions posed to him by members of the committee, urging the lawmakers to allow […]

Appointments

Afolabi becomes SIFAX Group new board chairman

The board of SIFAX Group has announced the appointment of Dr Taiwo Afolabi as the new board chairman of the company. In a statement, the Group Head, Corporate Communications, SIFAX Group, Muyiwa Akande, said that the appointment was with immediate effect. Afolabi, who was until this appointment the group executive vice chairman, replaces the former […]

FG to end fuel subsidy in 2023 - Minister
News

N1.8bn debt: AMCON takes over Aeroland Travels’ assets

THE Asset Management Corporation of Nigeria said it had taken over assets belonging to Aeroland Travels Limited, and its directors over indebtedness of N1.8bn. A statement from AMCON spokesperson, Jude Nwauzor, said this was sequel to the order of Honourable Justice D.E. Osiagor of the Federal High Court, Lagos Division. It stated that, “It would […]

Nigeria, Morocco commence 5,600km gas pipeline project
Aviation

Jet-A1: NNPC, airlines agree on three-month supply at N480/litre

The House of Representatives on Monday held a stakeholders meeting to resolve the crisis trailing the aviation fuel price increase, with the Nigerian National Petroleum Company Limited and domestic airline operators reaching a deal. It was agreed that the NNPC would supply Jet-A1 to marketers nominated by airline operators for a period of three months […]

Tweeps knock FG as fuel scarcity leaves commuters stranded
Energy

Black marketers sell petrol N300/litre as queues persist in Abuja

Fuel queues persisted in the Federal Capital Territory on Monday as filling stations struggled to control desperate drivers waiting to buy the Premium Motor Spirit, PMS, at the official price. Racketeers had a field day, selling a litre of PMS at N300 in different parts of the FCT. In Kubwa, a litre of fuel went […]

Airports concession: FG moves to proposals request stage
News

Aviation workers commence two-day warning strike

The workers of some agencies under the Ministry of Aviation have started a two-day warning strike from Monday to Tuesday due to unresolved conditions of service. The Chairman, FCT National Union of Air Transport Employees, Mr Dauda Nanbol, said during a protest on Monday that the move was necessary as the notice of strike from […]

Economy

Naira loses to dollar, closes at 419

The Naira on Monday depreciated at the Investors and Exporters window, exchanging at N419 to the dollar, a 0.48 per cent depreciation, weaker than N417 it traded on Friday. The open indicative rate closed at N419 to the dollar on Monday. An exchange rate of N423.00 to the dollar was the highest rate recorded within […]

NUPENG threatens strike in Lagos over tanker drivers' safety
Energy

NNPC links fuel queues to Sallah celebrations

The Nigerian National Petroleum Corporation has ascribed the re-appearance of fuel queues in parts of Abuja to low loadouts and increased purchases that characterise post-holiday and post-Eid periods Most filling stations in Abuja and neighbouring states of Nasarawa and Niger that dispensed Premium Motor Spirit, popularly called petrol, on Sunday were greeted with long queues. […]

News

ASUU extends strike by 12 weeks

The Academic Staff Union of Universities has extended its ongoing strike for another 12 weeks. A statement signed by ASUU president, Prof. Emmanuel Osodeke, said this was to give the government enough time to satisfactorily resolve all the outstanding issues. It also stated that the roll-over strike was effective from 12.01 am, May 8, 2021. […]

Naira falls N777 against dollar after CBN announcement
News

Naira slumps to N595/dollar amid forex shortage

THE naira slumped further and exchanged to the dollar at 595 on Friday at the parallel market. Some Bureau de Change operators who spoke with our correspondent said the dollar was bought and sold at 585 and 595 on Friday. On Monday, the naira was exchanged at N590 to a dollar. At the Investor & […]

Trapped forex: Expert pushes for ticket purchase in dollars
Aviation

JETA1: Airlines suspend flights shutdown

The Airline Operators of Nigeria, the umbrella body for domestic airlines, on Sunday cancelled its decision to halt flight services across the country beginning today (Monday). But before the AON announced the cancellation of its earlier decision, five of its members had already declared that they would not join in the plan to suspend flights […]

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