Importers decry soaring demurrage costs over National Single Window delays
Importers and clearing agents have raised concerns over mounting demurrage costs at Nigerian seaports, blaming delays linked to the National Single Window…
Business
Niger govt urges Dangote to explore basin oil development
The Niger State Government has urged the Dangote Group and other private investors to tap into opportunities in crude oil exploration within…
Marketers warn of scarcity as cooking gas prices surge nationwide
The Nigerian Association of Liquefied Petroleum Gas Marketers has raised concerns over irregular supply and the rising cost of Liquefied Petroleum Gas…
Oil prices fall as hopes rise for Iran deal on Hormuz reopening
Crude oil prices dropped by more than 4 per cent on Sunday after United States President, Donald Trump, signaled that negotiations with…
CBN mops up N3.69tn in massive liquidity tightening move
The Central Bank of Nigeria intensified its liquidity tightening drive on May 21, 2026, conducting one of its largest single-session Open Market…
NMDPRA orders operators to meet host community fund obligations
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has stepped up enforcement of the Host Community Development Trust framework under the Petroleum…
SpaceX launches most powerful Starship in key Moon mission test
SpaceX has launched its largest and most powerful Starship rocket to date on a test flight, debuting an upgraded version that NASA…
Travel firm ends sponsorship of Married at First Sight over rape allegations
Travel company Tui has ended its sponsorship of the UK and Australian editions of Married at First Sight on Channel 4 following…
Meta blocks Facebook, Instagram access to Saudi dissidents
Major US social media companies, including Meta’s Facebook and Instagram, have restricted access to the accounts of Saudi dissidents inside the kingdom,…
Eterna appoints Jude Nwaulune as new MD/ CEO
Eterna Plc has announced the appointment of Dr. Jude Nwaulune as its new Managing Director and Chief Executive Officer, effective 14 May…
Trump Mobile confirms customer data leak on open internet
Trump Mobile has confirmed that customer information, including names, email addresses, mailing addresses, phone numbers, and order identification numbers, was inadvertently exposed…
BUA boss blames fuel, energy cost for cement price hike
The Chairman of BUA Cement Plc, Abdul Samad Rabiu, has blamed the skyrocketing prices of cement in Nigeria on energy and transport…