NNPCL boosts Dangote refinery with 1.03 million tonnes of crude
Crude oil supply from the Nigerian National Petroleum Company Limited’s trading arm recorded a sharp increase in April 2026, as shipment data…
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Tinubu sacks finance, housing ministers in FEC reshuffle
President Bola Tinubu has approved a minor reshuffle of the Federal Executive Council, relieving the Minister of Finance and Coordinating Minister of…
Fraudsters demand crypto for safe passage through Strait of Hormuz – Report
Fraudulent messages promising safe passage through the Strait of Hormuz in exchange for cryptocurrency have been sent to several shipping firms, according…
Who is John Ternus, Apple incoming CEO?
After 15 years, Tim Cook is set to step down as Apple CEO, passing the role to John Ternus, the company’s senior…
Wema Bank exceeds CBN recapitalisation target, retains national licence
Wema Bank has secured its position in Nigeria’s tier-2 financial sector after announcing on Monday that it has not only met but…
Naira strengthens to ₦1,348/$ amid US-Iran war uncertainties
The Nigerian currency showed consolidation against the American dollar after the recent bullish run for the Naira after the pair peaked at…
Samsung signs first EV battery deal with Mercedes-Benz
South Korea’s Samsung SDI said on Monday that it has signed a multi-year agreement with Mercedes-Benz to supply batteries for electric vehicles.…
FG rejects claims of diversion from federation revenue
The Federal Government says deductions from the federation earnings by the Federation Account Allocation Committee are being misrepresented as a diversion of…
NEMSA alerts Nigerians on fire risks from poor solar installations
The Federal Government, through the Nigerian Electricity Management Services Agency, has raised the alarm over the increasing number of fire incidents linked…
Open your toilets for public use, Lagos urges banks, others
The Lagos government says it has deployed 1,710 public toilets across the state to tackle open defecation. In a post on X…
Nigeria’s FX reserves drop to $48.6bn in five weeks
Nigeria’s foreign exchange reserves have declined to $48.6 billion as of April 16, 2026, marking a cumulative drop of about $1.38 billion…
NGX extends trading hours to 4pm from April 27
Nigerian Exchange Limited has announced the expansion of its trading hours from 9:00 a.m. to 4:00 p.m. (WAT), effective Monday April 27,…