Category: featured

Dangote retains Africa’s richest spot with $28.5bn fortune

Nigeria’s business magnate Aliko Dangote has once again secured his position as Africa’s wealthiest individual....

Dangote Refinery hikes petrol price to ₦1,175/litre

The Dangote Petroleum Refinery has raised the gantry price of Premium Motor Spirit, also known...

NELFUND disburses ₦206.29bn loans to 1.16m students

The Nigerian Education Loan Fund has disbursed a total of ₦206.29 billion in student loans...

Clearing agents vow to shut ports amid new charges

Crisis is brewing at Nigerian ports following a 50 per cent increment in charges by...

Fire guts section of Head of Service building in Abuja

A section of the Office of the Head of the Civil Service of the Federation...

Stock market rises 2.14% amid crude oil price surge

The stock market closed higher Week-on-Week recording gains in four of the five trading sessions,...

Naira eases slightly to ₦1,391.58/$ Monday

The Naira began the second full trading week of March 2026 with a slight easing...

Dangote Refinery absorbs 20% cost hike amid global crisis

Dangote Petroleum Refinery & Petrochemicals has indicated its commitment to stabilising energy supply to Nigeria...

NLNG cargo diverted to Asia as regional prices spike

A cargo of liquefied natural gas from Nigeria has been redirected to Asia after rising...

Navy dismantles illegal refineries, recovers stolen crude in Rivers

The Nigerian Navy said it dismantled illegal crude oil refining activities and recovered suspected stolen...

DisCos recorded ₦51.17bn revenue shortfall in December — NERC

Electricity distribution companies operating on Nigeria’s national grid recorded a N51.17 billion revenue shortfall in...

Naira drops to ₦1,398/$, weakest since January

The Naira weakened further at the end of the trading week, closing at N1,398 per...