Forbes has released its 2025 Billionaires List, featuring four Nigerian business moguls—Aliko Dangote, Abdulsamad Rabiu, Femi Otedola, and Mike Adenuga. They are the only Nigerians to...
Private oil depots in Nigeria have raised the price of petrol to N900 per litre, citing rising crude oil prices and other global market factors. The...
The Nigerian naira has appreciated to ₦1,560 per dollar in the parallel market, marking a gain against the U.S. dollar. This development comes amid ongoing fluctuations...
The Proprietor of Goodwill Private Schools, Ikorodu, Lagos State, Pastor Sunday Omonivi Enikuomehin, has demanded a N2 billion compensation from First City Monument Bank for the...
The Federal Airports Authority of Nigeria has announced the temporary closure of the Samuel Ladoke Akintola Airport, Ibadan, Oyo State. In a statement on Sunday, FAAN...
Petrol marketers in Nigeria may resort to selling fuel in dollars if the proposed Naira-for-crude oil deal fails, according to the Independent Petroleum Marketers Association of...
About N1.7 trillion in revenue by the Federal Account Allocation Committee (FAAC) has been shared by the federal, state and local governments in February 2025. A...
Nigeria remains open to cryptocurrency firms even as it pursues an $80 billion lawsuit against Binance, according to Information Minister Mohammed Idris. Regulating, Not Crippling the...
The House of Representatives has passed four significant tax reform bills aimed at overhauling Nigeria’s tax system. Among the key changes is a revision of the...
The Federal Government of Nigeria has signed the Green Imperative Project agreement with Brazil, a deal that will see the South American nation invest about $8...
The Nigeria Customs Service (NCS) Apapa Area Command achieved a remarkable milestone on Friday, March 14, 2025, collecting a record N18.9 billion in revenue in a...
The Dangote refinery has commenced initial operations at its polypropylene plant in Lagos, marking a significant milestone in its commissioning process. The facility, which has an...
MTN Nigeria’s service revenue surged by 35.6% in March following tariff adjustments implemented in February. A report by its group office in South Africa on Monday,...
Lagos State, Nigeria, continues to solidify its status as an economic powerhouse, boasting a nominal GDP of $101.08 billion, making it larger than the economies of...
The price competition in the downstream oil sector continued on Thursday as the Dangote Refinery discreetly lowered petrol loading costs at its loading gantry, reducing the...
Wema Bank Plc has reported a significant system glitch that led to the unauthorized withdrawal of customers’ funds, amounting to approximately N888.3 million. The financial institution...
A major financial scandal has emerged at FirstBank Nigeria Ltd, Abiriba Branch, as businessman Dr. Eke Agbai has taken legal action against the bank over the...
Oil price steadied after the Organization of the Production Export Countries released its monthly report, with Brent crude maintaining its earlier gains, trading above $70 a...
The appointment of Adewale Adeniyi as the 31st Comptroller General of the Nigeria Customs Service (NCS) has ushered in a wave of transformative reforms, enhancing efficiency...
A Lagos High Court in Ikeja on Tuesday arraigned First City Monument Bank (FCMB) alongside three other defendants over an alleged mortgage fraud. The defendants include...
Wema Bank Plc has awarded a total of $200,000 in grants to 18 startups through its Hackaholics initiative, aiming to foster digital transformation and contribute to...
The U.S. has enforced 25% tariffs on steel and aluminum imports without exemptions, despite opposition from trade partners. The move, initiated by President Donald Trump, is...
The competition in Nigeria’s downstream oil sector intensified as major marketers offered lower prices compared to the N825 per litre gantry loading cost set by Dangote...
The Enugu State Government has pledged to investigate and arrest individuals operating an unauthorized revenue taskforce accused of extorting scavengers in the state. The Secretary to...
Oil prices recovered slightly on Tuesday after earlier declines, despite lingering concerns over a potential U.S. recession, the impact of tariffs on global economic growth, and...
Bitcoin and other major cryptocurrencies experienced a sharp decline on Tuesday as investor concerns over the U.S. economy and trade uncertainties triggered a market sell-off. The...
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately halt the implementation of its newly introduced ATM transaction charges and the...
Elon Musk said X was hit by a major cyberattack on Monday as outages plagued users of the platform once known as Twitter. “There was (still...
Citigroup’s $81 Trillion Error Highlights Banking Risks for Nigeria In April 2024, Citigroup nearly made one of the biggest financial mistakes in banking history when it...
Mali’s former national football team captain, Seydou Keita, has invested $23 million in an agro-industrial complex in Sanankoroba, Mali. The facility was officially inaugurated by President...
The Federal Government of Nigeria has granted licenses for the construction of three new petrochemical refineries. This decision is part of efforts to boost the country’s...
