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Business

Banks, Fintechs top consumer complaints list – FCCPC report

Nigeria’s consumer protection watchdog says banks and fintechs remain the leading sources of customer grievances, with over 4,600 complaints filed between March and August 2025. The Federal Competition and Consumer Protection Commission, in a sectoral report released Thursday, said it secured more than N10bn ($6.7m) in refunds for affected consumers during the five-month period. The […]

Dangote Refinery loses N32.5bn after petrol price cut
featured

Dangote Refinery to begin direct fuel supply to 11 states

Dangote Group has announced that its petroleum refinery will begin direct petrol supply to 11 states from Monday, September 15, 2025. In a statement released Thursday via its official X account, the company said pump prices will be N841 per litre in Lagos, Ogun, Oyo, Ondo, Osun, and Ekiti, and N851 per litre in Abuja, […]

Business

Oil prices fall despite Middle East, Ukraine conflict concerns

Oil prices extended losses on Friday, weighed down by fears of weakening United States demand and global oversupply, which overshadowed concerns about potential supply disruptions from conflicts in the Middle East and Ukraine. Brent crude futures slipped 49 cents, or 0.74 per cent, to $65.88 a barrel early this morning, while U.S. West Texas Intermediate […]

Dangote Refinery loses N32.5bn after petrol price cut
Business

Dangote Refinery says union membership voluntary for workers

Dangote Petroleum Refinery has clarified that joining trade unions remains voluntary for its employees, in line with the Nigerian Constitution and International Labour Organisation conventions. In a statement issued on Wednesday, the company dismissed what it called “distortions of facts” by the Nigeria Union of Petroleum and Natural Gas Workers regarding its labour practices. It […]

News

Enugu to empower 1,000 youths with green cooking stove skills

The Enugu State Government has announced it is targeting the training and empowerment of 1,000 youths in the fabrication of innovative green energy and safe cooking stoves. The stove, also known as the Enugu Stove, is said to be designed 100 per cent with local content and uses smokeless-cum-odourless coal briquettes to produce sustained heat […]

Scams

ICPC recovers N271bn from tracked projects in North

The Independent Corrupt Practices and Other Related Offences Commission has revealed that it recovered about N271.054 billion from the North-West and North-East out of 1,440 projects tracked between May 2022 and July 2025. The Chairman of the Commission, Dr. Musa Adamu Aliyu made the revelation on Wednesday in Kano at a one-day media workshop for […]

Oil and Gas

NLNG embraces AI to boost safety, efficiency in operations

Nigeria Liquefied Natural Gas Limited has highlighted the transformative role of Artificial Intelligence in enhancing operational efficiency, safety, and productivity across its vast gas infrastructure. The Deputy Managing Director, NLNG, Mr Olakunle Osobu, disclosed this while addressing a global audience of more than 50,000 participants from 150 countries in a panel session at the ongoing […]

Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months
Finance

Naira rises to N1,500.91/$ in official market, highest since March

The naira was on the rise during mid-week trading in the official market. The local currency maintained its upward trend, closing at N1,500.91 against the American dollar on the Nigerian Foreign Exchange Market. This was the highest level ever recorded since March 5 on the Nigerian foreign exchange market. The local currency dropped below the […]

Oil and Gas

NUPENG places members on red alert for nationwide strike

The Nigeria Union of Petroleum and Natural Gas Workers has announced the resumption of its suspended nationwide industrial action over the breach of resolutions by Dangote Group. In a statement signed by National Executive President, Williams Akporeha, and General Secretary, Afolabi Olawale, the union expressed its displeasure over Alh Sayyu Aliu Dantata, cousin to Aliko […]

News

Dell technologies CFO Yvonne McGill resigns after 30 years

The CFO of Dell Technologies, Yvonne McGill, has announced her resignation after nearly two years in the role and a nearly 30-year career with the company. The announcement was made in a securities filing on Monday, and Dell has initiated a search for her permanent successor. David Kennedy, senior vice president of Dell Global Business […]

Loan apps: FCCPC to address rising debt with new policy
Business

FCCPC recovers N10bn for consumers from banks, fintechs, others

The Federal Competition and Consumer Protection Commission has announced the total recoveries of N10 billion for aggrieved consumers following complaints against banks, fintechs, and others. This was disclosed in a statement signed by Ondaje Ijagwu, FCCPC, Director, Corporate Affairs, on Thursday. The development follows updated data on consumer complaints received and resolved across key sectors […]