The landing cost of Premium Motor Spirit, also known as petrol, was N1,117/litre as of Tuesday, July 16, 2024, the Major Energies Marketers Association of Nigeria announced on Wednesday. MEMAN disclosed this... Read more »

Zenith Bank Plc, Nigeria’s leading financial institution, held its Capital Markets Day last week to showcase the bank’s inherent values as it embarks on its recapitalisation journey. The event, which brought together... Read more »

The National Bureau of Statistics (NBS) has released the latest inflation figures, revealing that the headline inflation rate in Nigeria increased to 34.19% in June 2024. This marks a 0.24 percentage point... Read more »

In today’s digital age, transactions have become an integral part of our daily lives. With the rise of online shopping, mobile banking, and digital wallets, the need for a secure and efficient... Read more »

Ahead of the release of the National Bureau of Statistics report on the country’s inflation for June 2024, some economic watchers have projected that inflation would maintain its upward movement but at... Read more »

The Chief Executive Officer (CEO) of Dangote Refinery, Aliko Dangote, has revealed that the Nigerian National Petroleum Corporation (NNPC) Limited no longer owns a 20% stake in Dangote Refinery. Dangote disclosed this... Read more »

The Enugu State Electricity Regulatory Commission (EERC) has beaconed on investors within and outside the country to see Enugu as a fertile state in the energy and power sector with a huge... Read more »

In a bid to speed up the use of Compressed Natural Gas, CNG, by commercial transporters, the Federal Government disclosed that members of the transport union would be provided with free conversion... Read more »

Zenith Bank Plc has emerged as the Best Commercial Bank, Nigeria in the World Finance Banking Awards 2024, retaining the award for a fourth consecutive year. Disclosing this in a statement yesterday,... Read more »

Fuel scarcity is gradually surfacing in Lagos and other parts of the country as private depot owners have hiked the ex-depot price of petrol from N630 to N720 per litre. Fuel stations... Read more »

Plans have reached the advanced stage to launch the Economic Community of West African States (ECOWAS) single currency initiative, otherwise known as ECO. This was after the Nigerian government endorsed the initiative,... Read more »

Ibadan Electricity Distribution Company Plc announces an upward review of the electricity tariff for our Band A customers. Effective immediately, the tariff will be adjusted from N206.80/kWh to N209.50/kWh. This review according... Read more »

Electricity Distribution Companies (DisCos) in Nigeria, have further increased electricity tariffs for Band A customers who receive 20–24 hours of daily power supply. The development was confirmed on Wednesday, in separate statements... Read more »

When it comes to finding your dream home, there are many factors to consider. You want a place that is not only beautiful but also safe, comfortable, and in a great location.... Read more »

In 2023 alone Nigerians spent a total of N16.5 trillion to buy diesel, petrol and generators to get electricity, the Federal Government announced on Tuesday. It also announced that the formal power... Read more »

The Nigerian National Petroleum Company (NNPC) Limited has declared a state of emergency on the Nigerian oil and gas industry in a bid to revive the crippling crude production in the country.... Read more »

Tapswap has announced a delay in the distribution of its tokens, pushing the allocation to the third quarter of the year. This news has caused disappointment among users who have been actively... Read more »

The Nigerian National Petroleum Company, NNPC, retail limited, has distanced itself from claims that customers should patronise its engine oil before getting petrol at its retail outlets. The company said its attention has... Read more »

The Federal Government exported crude oil approximately worth N17tn to seven foreign countries over a period of nine months,. Recall that the Nigerian Upstream Petroleum Regulatory Commission on Tuesday, June 4, 2024,... Read more »