DSTV and GOTV

MultiChoice Announces New DStv, GOtv Subscription Packages With More Choice

MultiChoice, operator of DStv and GOtv, has unveiled plans to introduce refreshed subscription packages to give customers more choice, value and control over their viewing experience. The company disclosed this in a... Read more »
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Dangote Refinery Raises Petrol Price Again, Records N185 Increase in 22 Days

Dangote Petroleum Refinery has increased the price of petrol sold to bulk buyers at its gantry to N1,350 per litre, marking the facility’s latest price adjustment in less than a month. The... Read more »

Gas flaring

Gas Flaring: Nigeria Collects N521bn Penalties but Fails to Stop Waste

Nigeria’s gas-flaring crisis is taking on a new economic dimension as the country continues to burn hundreds of billions of cubic feet of natural gas despite collecting more than N521 billion in... Read more »
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How betting apps are transforming the relationship between fans and sports

Betting apps sit at the center of this shift, not because they invented fan interest, but because they gave it somewhere to go. A supporter watching a Premier League fixture from a... Read more »
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Nigerian Businesses Face Higher Customer-Service Costs as Meta Introduces New WhatsApp Charges

Nigerian businesses that rely heavily on WhatsApp to communicate with customers may face increased operating costs from October as Meta prepares to introduce charges for certain messages sent through the WhatsApp Business... Read more »
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BREAKING: Enugu Air Becomes 50th Member of African Airlines Association

Enugu Air has officially joined the African Airlines Association (AFRAA), becoming the 50th member of the continental aviation body. The development marks a significant milestone for the Nigerian airline, which has rapidly... Read more »
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Dangote Refinery Explains Rise in Petrol Exports, Says Local Supply Remains Priority

The Dangote Petroleum Refinery and Petrochemicals, DPRP, has explained why it increased petrol export volume, which does not stop its capacity to meet local demands. Dangote Refinery, in a statement yesterday, expressed... Read more »
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Dangote Refinery Raises Petrol Price to N1,200 Per Litre

Dangote Petroleum Refinery and Petrochemicals FZE has raised the gantry price of Premium Motor Spirit (petrol) from N1,185 to N1,200 per litre, effective August 26, 2026. In a notice sent to customers... Read more »
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Nigeria’s Oil Gains Must Translate Into Wider Economic Benefits – Tony Elumelu

Billionaire businessman Tony Elumelu has highlighted what he described as major improvements in Nigeria’s oil and foreign exchange sectors, saying reforms in both areas could significantly strengthen the country’s economy if the... Read more »
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Five Years After PIA, Nigeria Struggles to Convert Investment Confidence Into Oil Production

Five years after the Petroleum Industry Act (PIA) restored greater regulatory certainty to Nigeria’s oil and gas industry, stakeholders said the Federal Government has not converted the investment confidence created by the... Read more »
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53.7 Million Barrels of Crude Supplied to Local Refiners in Three Months – NUPRC

A total of 53.7 million barrels of crude oil were supplied to local refiners between April and June, Chief Executive, Nigerian Upstream Petroleum Regulatory Commission, (NUPRC) , Mrs. Oritsemeyiwa Eyesan, has said... Read more »
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DMO Offers N1.1tn FGN Bonds as Government Seeks Fresh Investment

The Debt Management Office (DMO), on behalf of the Federal Government, has announced the offer of three Federal Government of Nigeria (FGN) bonds valued at a combined N1.1 trillion as part of... Read more »
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Air Peace Says Union Picketing Cost It Over N2bn, Seeks Probe

Air Peace has disclosed that it lost more than N2 billion in revenue following the disruption of its operations by aviation unions at the Murtala Muhammed International Airport in Lagos and the... Read more »
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Nigeria Targets Local Refining of All Crude Production as Capacity Expands

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says Nigeria plans to allocate all its crude oil production to domestic refineries as local refining capacity expands. According to a report by... Read more »
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MTN Warns Subscribers Against Fake 25GB Anniversary Giveaway Offers

MTN Nigeria has warned subscribers against fake 25GB anniversary giveaway offers circulating online, urging customers to rely only on the company’s official platforms to access the promotion. The telecommunications giant issued the... Read more »
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CBN Says FX Reforms, Rising Reserves Driving Nigeria’s Economic Stability

The Central Bank of Nigeria (CBN) says the recent stability in the foreign exchange market, rising external reserves, and easing inflation are evidence of its ongoing monetary reforms that are producing positive... Read more »
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NNPC to Refinance $1.5bn Debt Under New $4.5bn Gazelle 2 Facility

The National Economic Council (NEC) has approved the refinancing of the $3.3 billion Project Gazelle Pre-Export Finance Facility through a new $4.5 billion financing arrangement, Project Gazelle 2, aimed at reducing financing... Read more »
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CBN Spent ₦464bn on Naira Printing, Distribution in 2025

A new report by the Central Bank of Nigeria (CBN) has revealed that the apex bank spent ₦464 billion on printing, distributing, processing and destroying worn-out naira notes in 2025. The amount... Read more »
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MTN Nigeria Posts Record N1.09tn Half-Year Profit Before Tax, Declares N26 Interim Dividend

MTN Nigeria Communications Plc has hit record N1.09 trillion profit before tax of for the first half of 2026, representing a 75.4% year-on-year increase, its highest half year performance driven by strong... Read more »
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Naira Trades Weaker at Official Window, Black Market Rates Ease

The Nigerian naira again depreciated against the United States (US) dollar, trading at N1,366.7278 at the Central Bank of Nigeria (CBN) official foreign exchange (FX) window on Thursday, July 30, 2026. The... Read more »