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Nigeria Petrol Price War Deepens as MRS Pushes Cuts

Aggressive fuel discounts by MRS Oil following Dangote refinery cuts are forcing NNPC and rivals to slash prices, intensifying competition across Nigeria’s petrol market.
Business

Flutterwave Expands Beyond Payments With Mono Acquisition

Flutterwave’s acquisition of open-banking startup Mono signals a strategic shift toward data-driven fintech, targeting credit access and deeper financial infrastructure across Africa.

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Business

Nigeria’s Crude Oil Production Drops to Record Low

KEY POINTS Nigeria's crude oil production dropped to 1.603 million barrels per day in...
Business

Dangote Refinery Cuts Petrol Price to ₦865

KEY POINTS Dangote Refinery reduced petrol prices to ₦865 per litre, citing improved supply...
Business

FG, AfDB Launch Special Agro-Industrial Zones Plan in Cross River

FG and AfDB launch SAPZ in Cross River, aiming to transform agriculture and create jobs while ensuring food security across Nigeria
Business

Nigeria Partners with Chinese Firm on $328 Million Deal to Strengthen National Power Transmission Grid

KEY POINTS The Nigerian federal government has signed a $328.81 million contract with China...
Business

WTO Chief Warns US-China tariff War Could Slash Trade

WTO chief Okonjo-Iweala warns that the US-China tariff war could reduce trade by 80%, posing a significant threat to the global economy and global GDP.
Business

Adesina Applauds Kaduna’s Launch of Agro-Industrial Zone

Akinwumi Adesina celebrates Kaduna's launch of Nigeria's first agro-industrial zone, a step toward transforming agriculture and boosting local economy
Business

Passengers Lament Fare Hikes Despite Fuel Price Cuts

Nigerians are frustrated with rising transport fares despite fuel price cuts and the introduction of CNG, citing exploitation by transport unions and government inaction.
Business

Nigeria’s Debt Surges by N55 Trillion in First 19 Months of Tinubu Administration

KEY POINTS Nigeria's debt grew by N55.2 trillion under Tinubu, with external borrowing accounting...
Business

FIRS Staff Forfeits Abuja, Kano Properties to FG

EFCC secures final forfeiture of two properties linked to a senior FIRS staff member, Aminu Sidi Garunbabba
Business

FG Plans to Open More Gemstone, Jewellery-Making Centres

FG to establish gemstone and jewellery-making centres to boost entrepreneurship and support local value addition
Business

Aliko Dangote Tops Forbes 2025 List of Africa’s Richest People

Forbes 2025 reveals Africa’s richest people, with Aliko Dangote at the top, worth $23.9 billion. Discover the wealthiest individuals in Africa.
Business

Tinubu Sacks Kyari and NNPCL Board Over Poor Performance

KEY POINTS The president dismissed Kyari and the NNPCL board members after they demonstrated...
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Business

Nigeria Petrol Price War Deepens as MRS Pushes Cuts

Aggressive fuel discounts by MRS Oil following Dangote refinery cuts are forcing NNPC and rivals to slash prices, intensifying competition across Nigeria’s petrol market.
Business

Flutterwave Expands Beyond Payments With Mono Acquisition

Flutterwave’s acquisition of open-banking startup Mono signals a strategic shift toward data-driven fintech, targeting credit access and deeper financial infrastructure across Africa.
News

Abia Oil Community Protests Neglect, Installs Interim Leadership

Residents of the Igiriuku oil community in Abia State say years of neglect persist despite crude production, prompting protests and the installation of an interim leadership.
News

Trump Says One-Third of Nigerian Immigrant Use U.S. Welfare

Trump says Nigerian immigrant welfare data shows one-third of households use public benefits, as tighter visa rules and immigration enforcement reshape U.S. policy.

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