President of Dangote Group, Aliko Dangote, has vowed to further slash prices of Premium Motor Spirit (PMS) or petrol nationwide. The promise is coming less than 24 hours after the…
Food price increases, driven by year-end festivities demand and insecurity challenges, emerged as the major driver of inflationary pressure in November 2025, pushing the month-on-month (MoM) headline inflation rate to…
The President of the Dangote Group, Alhaji Aliko Dangote, on Sunday alleged that the Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, paid about $5m…
The Naira on Friday closed the week stronger with a gain of N1.65 against the U.S. dollar at the official market, after it traded at N1,454.41. According to data…
Dangote refinery slashes petrol price to N699 per litre The Dangote Petroleum Refinery has again reduced its petrol gantry price, slashing the ex-depot rate from N828 to N699 per litre.…
Verve has entered into a strategic partnership with Providus Bank to launch the ProvidusVerve Travel Card — a naira-based travel card designed to give inbound travellers a smooth, secure, and…
The Nigerian stock market yesterday rallied with the market capitalisation rising by N1.29 trillion, amid listing of 181.6 million and 5.38 billion ordinary shares of Industrial and Medical Gases Plc…
The Nigerian Naira recorded massive week-on-week losses against the United States dollar at the official foreign exchange market. The Central Bank of Nigeria’s exchange rate showed that the Naira dipped…
The trade sector contributed N40.71tn to Nigeria’s Gross Domestic Product in the first six months of 2025, signalling its growing weight in the economy as non-oil exports, gas sales, and…
A Central Bank of Nigeria, CBN, survey report has shown that banks recorded increased default rates on secured loans in the third quarter of the year, Q3’25. Surprisingly, the CBN…
