Petrol Price Hike and Fuel Scarcity: November 10, 2024 Update
Nigerians are expressing frustration over the recent fuel price hike by the Nigerian National Petroleum Company (NNPC) Limited, with updates
Naira Faces Critical Challenge Amid Trump’s Potential Return to Presidency.
The Nigerian currency is facing significant challenges as the U.S. dollar strengthens following Donald Trump’s return to the U.S. presidency.
Repair Works Lead to National Grid Collapse on Thursday, According to TCN
The Transmission Company of Nigeria (TCN) has attributed Thursday’s grid collapse to ongoing repair works in the power sector.
Aquitane Oil Requests Investigation by IGP into Zenith Bank Over 12 Years of Unpaid Dividends
Aquitane Oil and Gas Limited has petitioned Kayode Egbetokun, the inspector-general of police (IGP), regarding the alleged “falsification” of the
NNPCL Denies Video Showing Adulterated Fuel Sold in Bottles and Jerrycans
The Nigerian National Petroleum Company Limited (NNPCL) has distanced itself from a viral video showing an individual pouring a dark
Central Bank of Nigeria Lifts Restrictions on Currency Conversion in Domiciliary Accounts to Naira
Olayemi Cardoso, the Governor of the Central Bank of Nigeria, has highlighted the new guidelines regarding Internationally Tradable Foreign Currencies
Lagos Port Receives Largest Container Vessel in Nigerian History
Chief Commercial Officer of APM Terminals Nigeria, Caroline Aubert-Adewuyi (left); Customs Area Controller, Apapa Area Command, Comptroller Babatunde Olomu (3rd
Property owners reject N18bn compensation..Lagos-Calabar highway
Property owners along the Lagos-Calabar highway have expressed their rejection of the N18 billion compensation proposed by the government for
Wedbush: Tesla’s Scale and Scope Unmatched in the Industry
Tesla shares surged following Donald Trump’s re-election to the White House, while rival electric vehicle (EV) manufacturers saw their stocks
FBN Holdings Aims to Exceed CBN’s N500 Billion Recapitalization Goal, Sets Target at N730 Billion
The Group Managing Director of FBN Holdings, Nnamdi Okonkwo, has announced plans to bolster Nigeria’s oldest banking group to a
BREAKING: Electricity Distribution Companies Increase Meter Prices for the Second Time in Four Months
Electricity Distribution Companies (DisCos) in Nigeria have announced revised prices for various electricity meter models, marking the second price hike
MTN Nigeria Plans N50 Billion Fundraising to Enhance Liquidity
MTN Nigeria Communications PLC plans to raise N50 billion through Series 11 and 12 issuances of commercial paper under its
Federal Government Initiates Food Imports, Considers Extension of Zero-Duty Initiative Timeline
The Federal Government is reportedly contemplating an extension of the timeline for the conditional duty-free food importation policy ahead of
Dollar Inflow into Nigeria’s Forex Market Reaches Five-Month Peak
Dollar inflow into the Nigerian autonomous foreign exchange (FX) market reached a five-month high in October, according to investment firms
Africa Energy Bank Set to Launch in January 2025, Says Federal Government
The Federal Government has set January 28, 2025, as the deadline for operationalizing the $5 billion Africa Energy Bank in
Abuja Residents Express Concerns Over Rising Food Prices
Many residents of the Federal Capital Territory have expressed their frustration over the escalating cost of food items, highlighting the
