Suppliers reject Dangote’s planned direct fuel distribution model
Less than a month before Dangote Refinery begins its direct fuel distribution initiative, oil suppliers in Nigeria are urging the company to…
Business
Stakeholders push for unified action to deepen capital market
Market leaders, regulators, and government officials have called for coordinated action to deepen Nigeria’s capital market and position it as a catalyst…
FG eyes 460,000 metric tonnes of soybeans production in two years
The Federal Government has announced plans to cultivate one million hectares of farmland and produce 460,000 metric tonnes of soybeans over the…
Coca-Cola to launch cane sugar version of classic soda
Coca-Cola announced Tuesday it will release a version of its classic soda made with American cane sugar, days after former President Donald…
Direct LG funding still hindered by structural issues – Edun
The Federal Government is working to fully implement the Supreme Court’s ruling on local government autonomy, but structural challenges continue to hinder…
Dangote refinery commences export of PMS to international markets
The Dangote Oil Refinery has commenced the export of Premium Motor Spirit to international markets. This was revealed on Tuesday by the…
Foreign reserves rise to $40.11b – Cardoso
Nigeria’s external reserves have risen to $40.11 billion as of July 2025. This was disclosed by the Central Bank Governor, Yemi Cardoso,…
Global anti-money laundering body invites Nigeria for consultations
The Financial Action Task Force, the global anti-money laundering watchdog, has invited Nigeria to join its consultative processes—a notable acknowledgment of the…
FG reaffirms commitment to launch National Single Widow initiative
The Federal Government has reiterated its resolve to swiftly implement the National Single Window initiative—one of the key policies of President Bola…
CBN reforms stopped lobbying for FX — BUA boss
Chairman of BUA Cement Plc, Dr Abdul Samad Rabiu, has commended the Central Bank of Nigeria’s foreign exchange reforms, stating that they…
Oil prices dip as US-EU trade tensions raise demand concerns
Oil prices slipped on Tuesday amid growing investor concerns that an escalating trade dispute between the United States and the European Union—two…
CAC defers fee changes, cites users difficulty with new portal
The Corporate Affairs Commission has deferred the implementation of its revised service fees to September 1, citing transitional difficulties encountered by users.…