Category: featured

DisCos reject NERC CapEx account directive, warn of investment risks

Electricity distribution companies have opposed a new directive by the Nigerian Electricity Regulatory Commission requiring...

Dangote Refinery dumps naira, fixes petrol price at $0.779/litre

Dangote Petroleum Refinery has fixed the ex-depot price of Premium Motor Spirit, petrol, at $0.779...

Customs duty waivers hit ₦34tn in 2025, says comptroller-general Adeniyi

The Comptroller-General of the Nigeria Customs Service, Bashir Adeniyi, on Monday disclosed that the value...

Otedola teases new book titled ‘Making It Bigger’

Nigerian billionaire businessman, Femi Otedola, has hinted that he is working on a new book...

FG suspends proposed WASSCE, NECO fee hike

The Federal Government has suspended the proposed review of registration fees for the 2027 West...

Naira trades at ₦1,382/$ at official FX market

The naira traded at around N1,382.33 to the United States dollar at the official Nigerian...

Banks cut lending to oil, gas, ICT by ₦5.45trn

Deposit Money Banks slashed lending to oil and gas, information and communication technology and six...

NGX rebounds as investors gain ₦9.342trn last week

The Nigerian stock market recorded a strong rebound last week, closing bullish as investors gained...

NAPTAN kicks against proposed hike in WAEC, NECO fees

The National Parent Teacher Association of Nigeria has described the proposed increase in registration fees...

NDLEA nabs South African woman over heroin smuggling attempt

A 38-year-old South African woman, Will Ann, has been arrested by the National Drug Law...

Lagos partners Chinese firm for lagoon water pipeline to Lekki

The Lagos State Government is planning to install a water transmission pipeline beneath the Lagos...

Strait of Hormuz closed until further notice — Iran

Iran has closed the Strait of Hormuz until further notice. The closure will remain in...