The Central Bank of Nigeria (CBN) has approved a two-month temporary dispensation allowing the continued use of NAFDAC licences that expired on December 31, 2025, for the processing of Forms M. The... Read more »
Dangote Petroleum Refinery and Petrochemicals FZE has allegedly suspended the sale of petrol and voided all existing Premium Motor Spirit (PMS) supply agreements, according to a report by Petroleumprice.ng. In a notice... Read more »
The Securities and Exchange Commission (SEC) has announced a comprehensive revision of minimum capital requirements for all categories of capital market operators, in a move aimed at strengthening the resilience and long-term... Read more »
The equities market closed on a positive note on Tuesday, delivering a N469 billion gain to investors amid sustained buying interest across key stocks. The gain was driven by sustained investor interest... Read more »
The federal ministry of finance says it will take over the development finance quasi-fiscal responsibility of the Central Bank of Nigeria (CBN). In a statement on Thursday, Doris Uzoka-Anite, the minister of... Read more »
Following the implementation of the Tax Act, banks will start charging senders a N50 stamp duty on electronic transfers of N10,000 and above from January 1, 2026. The stamp duty or electronic... Read more »
Dangote has openly said that the price differential between his exporting cement and what Nigerians pay domestically is primarily caused by Nigeria’s high tax and regulatory burden. During a press conference with... Read more »
The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (PMS), commonly known as petrol, to around ₦835 per litre in major cities, marking the third... Read more »
Last week, Ledig, a fintech infrastructure company, celebrated its 1-year anniversary. The company began with a narrow but ambitious focus: to solve the structural problems that prevent businesses in emerging markets from... Read more »
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 »
Are you planning an event and need professional, reliable, and high-quality media coverage?Look no further — Akelicious Media is here to bring your moments to life with unmatched excellence. We specialize in... Read more »
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 »