Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS), also known as petrol, by N75 per litre. In a circular sent to fuel marketers on Monday, the refinery... Read more »

Nigeria’s non-oil exports rose to $9.32 billion in 2025, marking a 24.93 per cent increase from $7.46 billion recorded in 2024, according to data from the Central Bank of Nigeria. The growth... Read more »

Dangote Petroleum Refinery has reduced the gantry price of Automotive Gas Oil, popularly known as diesel, by ₦200 per litre. The latest adjustment brings the depot price down from ₦1,800 to ₦1,600... Read more »

Customers of the big four telecom operators in the country spent about N9 trillion on airtime for their voice calls and data in 2025, pushing up telecom operators’ revenue in the last... Read more »

The Dangote Refinery has increased its ex-depot price of Premium Motor Spirit (PMS), popularly known as petrol, by ₦75 per litre, moving it from ₦1,200 to ₦1,275. According to market updates, the... Read more »

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, on Thursday, April 23, 2026, received the Chief Executive Officer of the Nigeria Financial Intelligence Unit (NFIU), Hafsat Abubakar Bakari,... Read more »

The Nigerian National Petroleum Company Limited (NNPC Ltd) has remitted a total of ₦1.804 trillion to the Federation Account for February 2026, marking a significant increase from the ₦726 billion recorded in... Read more »

Nigeria has been reclassified as a Frontier Market by FTSE Russell, marking a major turnaround for the country’s capital market and strengthening its appeal to global investors. The upgrade from “Unclassified” status... Read more »

Global oil markets reacted sharply after the ceasefire agreement between the United States and Iran, with prices plunging as much as 16–17% in immediate trading. Brent crude dropped from above $110 to... Read more »

The Federal Government has approved an increase in the domestic price of natural gas, a move that could trigger higher electricity tariffs and rising cost of living nationwide. The Nigerian Midstream and... Read more »

Nigeria exported an average of 45.8 per cent of its utilised gas in January and February 2026, even as domestic gas supply to tens of its thermal power plants weakened sharply, worsening... Read more »

A Federal High Court sitting in Lagos has nullified the Central Bank of Nigeria’s (CBN) decision to dissolve the board and management of Union Bank of Nigeria. Delivering judgment on Wednesday, Justice... Read more »

The Nigerian naira slumped significantly against the United States (US) dollar, trading at a Nigerian Foreign Exchange Market (NFEM) rate of N1,388.3841 per dollar at the Central Bank of Nigeria (CBN) official... Read more »

The Dangote Petroleum Refinery has strengthened Nigeria’s position in the regional energy market after the sale of 12 cargoes of refined petroleum products, totalling 456,000 tonnes to several African countries amid ongoing... Read more »

With just seven days to the March 31 recapitalisation deadline set by the Central Bank of Nigeria (CBN), uncertainty continues to surround the capital positions of several Tier II banks, raising concerns... Read more »

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 »

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 »

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 »

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 »