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Dangote Tops Forbes 2026 Africa Billionaires List as Rabiu’s Wealth Jumps 120 Percent

Aliko Dangote topped the Forbes 2026 Africa Billionaires list with $28.5 billion as Nigeria placed four businessmen among the continent's wealthiest.
Politics

Rivers Assembly Rejects Four Fubara Commissioner Nominees

Rivers Assembly rejected four of Governor Fubara's nine commissioner nominees Monday after a screening session that lasted over two hours.

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Business

EFCC Lists 58 Illegal Ponzi Scheme Operators in Nigeria

The EFCC listed 58 illegal ponzi scheme operators in Nigeria, warning the public about companies not registered with CBN or SEC.
Business

NNPC Denies Terminating Crude Oil Deal with Dangote Refinery

KEY POINTS NNPC clarified that its six-month crude oil sales agreement with Dangote Refinery...
Business

Dangote Refinery Faces Trouble as NNPC Ends Naira-for-Crude Deal

NNPC ends the naira-for-crude deal, increasing costs for local refiners. Dangote Refinery adjusts while fuel prices could rise.
Business

NNPCL Ends Naira for Crude Supply to Dangote, Other Refineries

NNPCL has stopped its Naira for Crude supply to Dangote and other refineries, with discussions ongoing for a new crude agreement.
Business

NAFDAC Cracks Down on Illegal Sachet Water Production in FCT

The FCT-based illegal sachet water production facilities counted more than 40 closures after NAFDAC discovered serious hygiene breaches.
Business

NNPCL, Dangote Price Reduction Brings Relief to Retailers

NNPCL Retail Ltd together with Dangote Refinery decreased PMS costs thereby providing relief to Nigerians at the same time they established a retailer refund plan.
Business

Customs, CBN Partner to Automate FX Transactions in Trade

The Nigeria Customs Service along with the CBN dedicates efforts to automate foreign exchange transactions as well as trade facilitation while raising revenue collecting capabilities.
Business

Lagos Levies Disrupt LPG Supply As Marketers Warn Of Scarcity

Lagos state levies create disruptions in the supply capabilities of the Dangote Refinery leading to concerns about an imminent cooking gas shortage throughout the country.
Business

CBN Directs Banks to Publish Dormant Accounts

All banks must use national publications to disclose both dormant accounts and unclaimed balances according to CBN regulations.
Business

Cadbury Reports N10.4billion Loss for 2024

N10.4billion remained the reported operating deficit for Cadbury Nigeria during 2024 because of its successful revenue expansion.
Business

MTN, Transcorp Power Propel Stock Market’s Weekly Gains

The NGX ASI shows growth of 1.2 percent through its first week of February marking the start of year-end earnings reporting.
Business

Nigeria’s Inflation Set to Decline to 26 percent in 2025 – PwC

According to PwC projections for 2025 Nigeria's inflation rate should reach 26% while GDP growth remains modest and exchange rates stabilize.
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Dangote Tops Forbes 2026 Africa Billionaires List as Rabiu’s Wealth Jumps 120 Percent

Aliko Dangote topped the Forbes 2026 Africa Billionaires list with $28.5 billion as Nigeria placed four businessmen among the continent's wealthiest.
Politics

Rivers Assembly Rejects Four Fubara Commissioner Nominees

Rivers Assembly rejected four of Governor Fubara's nine commissioner nominees Monday after a screening session that lasted over two hours.
News

Petrol Hits N1,300 Per Litre in Nigeria as Middle East War Drives Crude Oil to $110 Per Barrel

Petrol prices surged to N1,300 per litre across Nigeria as the Middle East war pushed global crude oil prices to $110 per barrel.
News

Court Shuts Down Ondo Governor’s Bid to Block Eligibility Lawsuit

The Court of Appeal dismissed Ondo Governor Lucky Aiyedatiwa's appeal, allowing a lawsuit over his re-election eligibility to move forward.

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