Category: featured

Dangote Refinery slashes petrol price to N699

The Dangote Petroleum Refinery has announced a major reduction in the ex-depot price of Premium...

UK economy unexpectedly shrinks again

Britain’s economy unexpectedly contracted for a second consecutive month in October, according to official data...

Nigeria’s oil output drops to 1.486mbpd, below OPEC quota

The Organisation of Petroleum Exporting Countries has reported that Nigeria’s oil production, excluding condensate, experienced...

No tax ID, no bank account from January 2026 — FG

The Federal Government has announced a directive stating that, effective January 1, 2026, all taxable...

Asian stocks rise after US Fed rate cut

Asian equities experienced a rise on Friday as investors reacted to a record-breaking day on...

CBN mandates dual connectivity for PoS transactions

The Central Bank of Nigeria has issued a directive compelling all financial institutions, acquirers, and...

Tinubu sends 2026-2028 MTEF to Senate for approval

President Bola Tinubu has transmitted the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper...

Naira stabilises at ₦1,451 as official, parallel markets gap narrows

The exchange rate between the Naira and the United States Dollar remained relatively stable across...

Nigeria’s pension assets hit N26.66tr

The total pension fund assets under Nigeria’s Contributory Pension Scheme recorded a 2.2 per cent...

CBN imposes 25% cash limit on travel allowances from BDCs

The Central Bank of Nigeria has implemented a new restriction on the amount of cash...

Ex-aviation minister Stella Oduah arraigned over ₦5bn fraud

The Federal Government on Wednesday arraigned a former Minister of Aviation, Senator Stella Oduah, before...

Reps probe banks over ‘illegal deductions’

The House of Representatives on Tuesday leveled a significant accusation against commercial banks, alleging they...