
Fuel Prices Set to Decrease Following Resolution Between Marketers and Dangote.
It has been reliably gathered that oil marketers have reached an agreement with Dangote Refinery. Reports indicate that Dangote has

Dangote Transfers 33KV Public Electricity Supply to Jakura Marble Industry in Kogi State.
In a move to enhance its backing for Small and Medium Scale Enterprises (SMEs) in Nigeria, Dangote Cement PLC’s Obajana

Import Bill for Pre-Owned Vehicles Plummets by 83% to N138.62 Billion.
Import Bills for Tokunbo Vehicles Plummet by 83% to N138.62 Billion in H1’24 – NBS Report. In Q1’24, the National

First Bank Customers Express Concern Over Unexplained Debits…
First Bank Customers Express Concern Over Unexplained Account Deductions In a wave of frustration, customers of First Bank Plc have

Top 10 Sectors Fueling Nigeria’s Economic Expansion
Nigeria, frequently hailed as the “Giant of Africa,” boasts one of the most substantial economies on the continent, propelled by

Billionaire Property Merchant, Sade Balogun, entangled in a love web.
Wealthy billionaire Folasade Balogun and her estranged husband, Babatunde Gbadamosi, a prominent Nigerian businessman, real estate developer, and politician, are

“Backward integration hits a snag as raw materials import skyrockets by 160.9%.
The depreciation of the Naira alongside foreign exchange scarcity and inflationary pressure has significantly impacted manufacturers, leading to soaring direct

Why some Heritage Bank depositors are yet to be refunded —NDIC Boss
Hassan provided an update on the liquidation process of Heritage Bank, mentioning that insured depositors have been largely reimbursed. However,

Banks shut down 23.3 million customer accounts in July as dormant accounts dip by 7%.
The closure of 23.3 million bank accounts in July marks a 0.56% increase compared to the previous month, where 23.17

Petrol Landing Cost Drops to ₦981/Litre
The landing cost of Premium Motor Spirit (PMS), also known as petrol, has decreased to ₦981/litre, according to data released

Floating of currency responsible for Petrol price hike, not subsidy removal — PENGASSAN
PENGASSAN’s claim that the floating of the naira is behind the persistent petrol price hike in Nigeria, rather than the

“Concerns of Small Business Owners: New CBN Interest Rate’s Impact on Unemployment”
Small business owners have described the new Central Bank of Nigeria, CBN, Monetary Policy Rate, MPR, as unfortunate, and capable

Diesel price still on the rise across the country, as per the latest NBS report.
On a Month-on-Month basis, the average price value saw a 1.93 percent increase, rising from N1,379.48 per liter in July

US Commits $320 Million to Nigeria’s Mortgage and SME Sectors
The United States Chamber of Commerce has pledged to invest a whopping $320 million in Nigeria’s mortgage refinancing and Small

FCC Explains Denial of Job Slot to Wabara
The Federal Character Commission has clarified that former Senate President, Adolphus Wabara, was denied a job placement because the request

Stock Market Continues Bullish Run
In apparent speculation over the direction of the monetary policy as the Monetary Policy Committee, MPC of the Central Bank