Brent crude climbs above $115/barrel as Middle East conflict rages
Oil prices traded at five-month highs on Friday, with Brent North Sea crude, the benchmark contract, rising above $115 a barrel as…
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Naira holds steady at ₦1,330.95/$ in official FX market
The Naira traded at about N1,330.95 to the United States Dollar at the Nigerian Foreign Exchange Market. Early spot transactions in the…
NAFDAC seals illegal herbal factory in Lagos, arrests manager
The National Agency for Food and Drug Administration and Control on Thursday discovered yet another illegal herbal products factory in Agege, Lagos.…
NEC endorses 90-day economic action plan to cut living costs
The National Economic Council has given its backing to a 90-day economic action plan designed to lower the cost of living, make…
Petrol landing cost drops marginally to ₦1,283.81/litre
The landing cost of imported Premium Motor Spirit, commonly called petrol, has slipped slightly to ₦1,283.81 per litre, down from ₦1,292.88 per…
FEC approves four new channel management companies for Nigerian seaports
The Federal Executive Council has cleared four new channel management companies for seaports across Nigeria, in a bid to improve vessel navigation…
Standard Chartered Nigeria confirms Ayodeji Adelagun as CEO
Standard Chartered Bank Nigeria Limited has named Ayodeji Adelagun as its substantive Chief Executive Officer, after the Central Bank of Nigeria granted…
Court fines Meta $25bn for deceiving users on Facebook privacy
A judge on Wednesday ordered Meta to pay New Mexico $25 billion after a jury found the company liable for deceiving users…
NCC, Customs to block non-compliant mobile devices from networks
The Nigerian Communications Commission has unveiled plans to deepen its working relationship with the Nigeria Customs Service in a bid to curb…
Dangote accepts to appear on Bae U’s Curiosity Made Me Ask
Billionaire businessman Aliko Dangote has agreed to appear on the YouTube show Curiosity Made Me Ask, hosted by Nigerian content creator Adebayo…
Naira steady near ₦1,330/$ as parallel market premium persists
The naira traded with little movement against the dollar on Tuesday, October 20, 2026, staying close to the ₦1,330 mark in the…
Otedola reveals he shared bunk bed with Hamzat 49 years ago
Nigerian billionaire businessman Femi Otedola has revealed that he shared a bunk bed with Lagos State Deputy Governor Obafemi Hamzat during their…