Dangote to sell 10% refinery stake on NGX
Chairman of Dangote Petroleum Refinery, Aliko Dangote, has announced plans to sell between five and 10 per cent of the refinery’s shares…
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Naira appreciates to ₦1,492/$1 in parallel market
The Naira recorded a slight appreciation in the parallel market yesterday, rising to ₦1,492 per dollar from ₦1,495 per dollar recorded on…
Apple, Google face deeper UK antitrust scrutiny
Britain’s competition regulator on Wednesday intensified its focus on Google and Apple, citing their “strategic” influence over mobile ecosystems and paving the…
Fire guts Alaba market furniture section
A section of the Alaba International Market in Lagos State was engulfed by a fire on Tuesday evening, resulting in the destruction…
FX markets hold steady near ₦1,468/$1 at official rate
The Naira traded in a narrow band across both the official and parallel foreign exchange markets on Wednesday, with the Daily Nigerian…
Nigeria to push for higher OPEC oil quota – Minister
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, announced that Nigeria will seek an increased oil production quota at…
Reps to intervene in PENGASSAN–Dangote refinery dispute
The House of Representatives on Tuesday agreed to intervene in the recent dispute between the Petroleum and Natural Gas Senior Staff Association…
ICYMI: Enugu residents face 10-day blackout over TCN rehabilitation
MainPower Electricity Distribution Limited has announced scheduled power outages across Enugu metropolis from Wednesday, October 22, to Thursday, October 31, 2025. The…
Presidency denies selective justice as EFCC recovers ₦500bn under Tinubu
Vice President Kashim Shettima has disclosed that the Economic and Financial Crimes Commission has recovered assets worth over ₦500 billion and secured…
Nigeria’s raw material imports surge to ₦3.53trn in six months
Nigeria’s manufacturing sector is increasingly dependent on imported raw materials for survival, a trend that runs contrary to national plans and expectations…
High bank charges, taxes top Nigerian business constraints — CBN
Businesses and households have clearly identified high interest rates, multiple taxes, and poor infrastructure as the top three constraints impacting operations in…
NCC, CBN partner to tackle failed airtime, data transactions
The Nigerian Communications Commission and the Central Bank of Nigeria are collaborating to develop a new framework aimed at resolving the recurring…