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BREAKING: Dangote Refinery Increases Petrol Price Once Again, Now ₦1,275/Litre from ₦1,245/Litre

Just hours after declaring a recent price increase, Dangote Refinery has once again raised petrol prices, as international crude oil prices keep rising. In its latest customer advisory, the refinery lifted the... Read more »
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SEDC Launches ₦70bn South East Venture Capital Programme to Support Youth Tech Businesses

The South East Development Commission (SEDC) has officially launched a ₦70 billion South East Venture Capital Programme aimed at supporting youth-led, tech-enabled businesses across the South East region of Nigeria. The initiative... Read more »
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Food Prices Drop 50% as Nigeria Boosts Agribusiness Investment

Agriculture Minister Senator Abubakar Kyari says government policies have reduced prices of essential food commodities by 50 per cent nationwide. Speaking at the 2026 Ministerial Stakeholders’ Retreat in Abuja, he noted that... Read more »
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Again, Dangote Refinery Increases Petrol Price

The Dangote Petroleum Refinery has hiked its Premium Motor Spirit gantry price to N995 per litre, marking a sharp N221 rise within four days, amid volatility in global crude oil prices and... Read more »
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What Actually Makes an Online Casino Platform Worth Using?

Most online casino platforms look the same at first glance. Big banners. Flashy bonuses. Promises of hundreds or thousands of games. Scroll through three different sites and they begin to blur together.... Read more »
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Dangote Refinery Hikes Petrol Price by N100 Amid Global Crude Volatility

The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) or petrol gantry price by N100, raising the ex-depot rate from N774 to N874 per litre, amid renewed volatility in global... Read more »
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Naira To Dollar Exchange Rate Today

The Nigerian naira continued to depreciate against the US Dollar after opening trading for the week at N1,378 per dollar at the Nigerian Foreign Exchange Market (NFEM) on Monday, 2nd March, 2026.... Read more »
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Nigerian Exchange Limited Adds N17.6trn in Historic February Rally

The Nigerian equities market delivered one of its strongest performances in recent history in February 2026, with a powerful rally that lifted investor wealth by more than N17.6 trillion and pushed the... Read more »
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Association of Power Generation Companies Blames Regulatory Distortions for 4,000MW Power Output

Nigeria’s power generation companies have attributed the country’s persistently low electricity output averaging about 4,000 megawatts from an installed capacity of 15,500MW, to deep-rooted regulatory distortions and operational constraints within the electricity... Read more »
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NNPC Records Massive ₦5.76tn Profit After Tax for 2025 Financial Year

The Nigerian National Petroleum Company (NNPC) Limited reported revenue of N60.5 trillion and profit after tax of N5.76 trillion for the 2025 financial year. The NNPC Ltd, in its December 2025 monthly... Read more »
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Dangote Refinery Cuts Petrol Gantry Price by ₦25, New Rate Now ₦774/Litre

Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit by N25 per litre, lowering its ex-depot/gantry rate from N799 to N774 per litre. The refinery communicated the price adjustment... Read more »
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We Don’t Import Refined Products — Dangote Refinery CEO Clarifies Operations

The Dangote Petroleum Refinery has pushed back against claims that it imports finished petroleum products, clarifying that its operations are structured around a merchant refinery model that relies on intermediate feedstock rather... Read more »
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CBN Grants Two-Month Grace Period for Expired NAFDAC Licences on Form M Processing

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 »
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Dangote Refinery Allegedly Suspends Petrol Sales, Voids PMS Supply Agreements

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 »
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BREAKING: SEC Increases Capital Requirements for Brokers, Dealers, Fund Managers

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 »
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All-Share Index Rises 0.46% as Market Capitalisation Hits N102.27tn

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 »
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FG Unveils New Development Finance Strategy as CBN Steps Back

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 »
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Transfers above N10k: Banks to start charging N50 stamp duty from January 1

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 »
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Why Dangote Sells Cement Cheaper Abroad Than in Nigeria

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 »
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NNPC Slashes Petrol Pump Price to ₦835/Litre Amid Intensifying Competition from Dangote Refinery

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 »