Category: featured

Discos lose 1.13 million customers despite record ₦2.32tn revenue

Electricity Distribution Companies have lost over 1.13 million customers amid lingering concerns over unreliable power...

Aquaculture investments can create 500,000 jobs, cut $1bn imports – Dangote

The President of Dangote Industries Limited, Aliko Dangote, has said that strategic investments in aquaculture,...

AI image of First Lady selling ‘akara’ sparks controversy

President Bola Ahmed Tinubu Media Centre has stirred fresh reactions after sharing an AI-generated image...

Hollywood’s ‘Supergirl’ tops Nigerian box office with ₦66.9m

Supergirl has emerged as the highest-grossing film in Nigerian cinemas for the week of June...

Why pump prices don’t follow daily crude costs — Dangote Refinery

Dangote Petroleum Refinery and Petrochemicals says its product pricing is not tied to daily swings...

Citi predicts brent crude could fall to $60/barrel by year-end

A new prediction by Citi suggesting that Brent crude prices could fall to $60 per...

Naira depreciates to ₦1,403/$ as market tap widens

The Naira on Thursday depreciated to N1,403 per dollar in the parallel market from N1,385...

Dangote blames importers as fuel prices stay above ₦1,000/litre

Fuel prices in Nigeria may not drop below N1,000 per litre any time soon unless...

South Africa invests $983.83m in Nigeria despite xenophobic attacks

South African investors channelled $983.83 million into Nigeria in the first quarter of 2026 despite...

Dangote Refinery slashes petrol ex-gantry price to N1,075/litre

The Dangote Petroleum Refinery has reduced its ex-gantry price of Premium Motor Spirit, popularly known...

CBN sets two-day cap on contract suspensions during bank resolutions

The Central Bank of Nigeria has issued fresh guidance clarifying how Sections 34(2)(b) and 40(2)...

CBN revokes licences of 46 microfinance banks nationwide over violations

The Central Bank of Nigeria has revoked the operating licences of 46 microfinance banks across...