The Dangote Petroleum Refinery has reduced its petrol gantry price from N828 to N699 per litre, marking a N129 (15.58%) drop in the Premium Motor Spirit benchmark. The adjustment, effective December 11,... Read more »

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The Nigerian National Petroleum Company Limited (NNPCL) and several other filling stations have again reduced the pump price of Premium Motor Spirit (PMS) across Abuja. Akelicious correspondent observed that NNPCL retail outlets... Read more »

The Corporate Affairs Commission (CAC) has announced a nationwide enforcement exercise to end the operations of unregistered Point-of-Sale (PoS) agents across the country. The CAC,in a statement signed by its management, directed... Read more »

The naira closed the week slightly weaker on Friday, recording a loss of N2.60 against the United States dollar at the official foreign exchange market. It settled at N1,450.42, according to figures... Read more »

The Federal Government has called on the Institute of Chartered Accountants of Nigeria (ICAN) to rally behind President Bola Ahmed Tinubu’s ongoing economic reforms, especially as the nation prepares for the rollout... Read more »

The Central Bank of Nigeria (CBN) today removed the limit on cash deposits and raised the weekly cash withdrawal limit across all channels to N500,000, up from N100,000. The apex bank disclosed... Read more »

Samsung Electronics has unveiled its first multi-folding smartphone, the Galaxy Z TriFold, as the South Korean tech giant seeks to strengthen its position in a competitive and rapidly evolving foldable phone market.... Read more »

Nigeria has sent out a strong notice to those exporting its vast minerals resources directly to foreign markets, warning that the practice must stop. According to the government, exporting raw material without... Read more »

The NGX All-Share Index fell by 0.14 per cent to 143,520.53, while market capitalisation closed at N91.286 trillion for the week. This, compared with 143,722.62 points and N91.415 trillion recorded in the... Read more »

Dangote Group has announced a strategic partnership with Honeywell International Inc. to support the next phase of expansion at the Dangote Petroleum Refinery. The company in a statement said that the collaboration... Read more »

The Chairman of the Presidential Committee on Tax Reforms, Taiwo Oyedele, has shed more light on how Nigeria’s incoming tax intelligence framework will monitor financial behaviour to identify tax evasion. Speaking on... Read more »

Nigeria’s headline inflation rate eased to 16.05 per cent in October 2025, down from 18.02 per cent in September, according to the latest report from the National Bureau of Statistics (NBS). The... Read more »

Air Peace Ltd. has attributed sudden disruptions in its domestic operations to ‘illegal’ withdrawal of three aircraft by its wet lessor, Smartlynx Airlines. The airline said on Friday that the disruptions cost... Read more »

The Central Bank of Nigeria (CBN) has restated that the ongoing recapitalisation of banks is not merely a compliance directive, but a bold, strategic move to strengthen the resilience, inclusiveness, and credibility... Read more »

An economic review has advised the Central Bank of Nigeria to issue higher-denomination naira notes such as N10,000 and N20,000 to restore the currency’s portability and ease the rising cost of cash... Read more »

Nigeria has started exporting locally produced solar panels to Ghana, marking a key milestone in its drive to become West Africa’s renewable energy hub. Minister of Power, Bayo Adelabu, announced the development... Read more »

Nigeria recorded cryptocurrency transactions worth over $50 billion between July 2023 and June 2024, according to the Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama. At an exchange rate... Read more »

Zenith Bank Plc’s Founder and Chairman, Dr. Jim Ovia, CFR, accompanied by the bank’s Group Managing Director/CEO, Dame Dr. Adaora Umeoji, OON, on Tuesday, October 14, 2025, carried out the prestigious closing... Read more »