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FG seeks 30-day fuel credit for airlines as Dangote profits soar

The Federal Government has asked fuel marketers to give Nigerian airlines a 30-day credit window as Aliko Dangote's refinery rakes in record jet fuel margins.

FG says 80 percent of women-owned businesses lack formal credit access

Women Affairs Minister Imaan Sulaiman-Ibrahim says more than 80 percent of Nigerian women-owned businesses operate without access to formal credit, holding back economic growth.

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NERC Announces Electricity Tariff Hike for High Supply Customers

NERC has approved a significant increase in electricity tariffs for Band A customers, who enjoy up to 20 hours of power daily, marking a pivotal energy sector reform.

Controversy Surrounds N40 Billion Metering Deal in Power Sector

A storm of controversy has erupted within Nigeria's power sector following the announcement of...

Delta’s Hospitality Sector Battles with Crippling Power Supply Issues

Hotel owners in Delta State face severe challenges due to inconsistent electricity supply, threatening the hospitality industry's survival and calling for immediate governmental intervention.

CAN Seeks Apology from FIRS Over Controversial Easter Ad

The Christian Association of Nigeria demands an apology from FIRS for an Easter ad deemed disrespectful, highlighting the need for religious sensitivity in public communications.

FX Market Roars Back to Life with $1 Billion Single-Day Trade

Lagos, Nigeria - The foreign exchange (FX) market in Nigeria has witnessed a resurgence,...

Cross River Clarifies WAEC List Discrepancy

Cross River State Commissioner for Education, Senator Stephen Odey, has addressed concerns regarding the...

Kebbi Crisis: Residents Loot Warehouses Amid Economic Hardship

In Kebbi State, a dire economic crisis prompts residents to raid government and private warehouses at night, seizing food amidst rising living costs.

Northern Nigeria’s Right to Oil: Bugaje’s Bold Assertion

Dr. Usman Bugaje sparks debate with his controversial stance on oil ownership, arguing geographical landmass grants the North rights to Nigeria's oil wealth.

Nigerian Banks Embrace CBN Recapitalization with Confidence

The ACAMB has confidently backed the CBN's bank recapitalization plan, ensuring stakeholders that Nigerian banks are secure and poised for robust economic support.

Tinubu Set to Attend Senegalese President’s Inauguration

In a gesture underscoring diplomatic relations and regional cooperation, Nigerian political heavyweight Bola Tinubu...

Israeli Forces Exit Gaza’s Biggest Hospital

Israeli forces concluded their two-week operation at Al-Shifa, the largest hospital in Gaza, leaving...

13 Banks to Raise N3.31 Trillion, CBN Sets New Capital Rules

In response to CBN's updated capital requirements, Nigerian banks are tasked with raising N3.31 trillion, aiming to bolster financial resilience and support economic growth.

Latest articles

FG seeks 30-day fuel credit for airlines as Dangote profits soar

The Federal Government has asked fuel marketers to give Nigerian airlines a 30-day credit window as Aliko Dangote's refinery rakes in record jet fuel margins.

FG says 80 percent of women-owned businesses lack formal credit access

Women Affairs Minister Imaan Sulaiman-Ibrahim says more than 80 percent of Nigerian women-owned businesses operate without access to formal credit, holding back economic growth.

Sanwo-Olu Backs Deputy Hamzat for Lagos Governor in 2027

KEY POINTS Governor Sanwo-Olu has endorsed his deputy, Obafemi Hamzat, for the 2027 Lagos...

Anthony Joshua Targets Comeback Fight After Tragic Accident

KEY POINTS Anthony Joshua will return to boxing on July 25 against Kristian Prenga...