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Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.

Lionel Messi plays final Argentina match tonight against Benin after 21 years, 207 caps and 125 goals

Lionel Messi will play his final match for Argentina on Tuesday in a friendly against Benin at Buenos Aires' Estadio Monumental, ending a 21-year international career.

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Banky W Triumphs Over Cancer in Fourth Surgery Victory

Banky W announces successful recovery from his fourth cancer surgery, sharing an inspiring message of faith and resilience on his Instagram.

Google Announces Groundbreaking Umoja Cable to Connect Africa and Australia

Google has announced plans to build a landmark undersea cable, Umoja, the first of its kind to directly link Africa and Australia. This project is expected to revolutionize digital communication and economic ties between the two continents. Google has partnered with African and Australian leaders to develop Umoja, which translates to "unity" in Swahili.

CBN Cuts Duty FX Rate Again as Naira Exceeds N1500/$

CBN cuts import duty exchange rate to N1,446.281/$, marking the eighth adjustment this month amid ongoing naira fluctuations.

Court Grants Abba Kyari Temporary Release After 27 Months Detention

After 27 months in detention, Abba Kyari is granted temporary bail by a Federal High Court in Abuja to conduct his mother's burial rites.

Nigeria Bolsters $1 Trillion Transactions with AI Defense

Nigeria enhances the security of its $1 trillion annual transactions with a new AI-based defense system, aiming to combat cybercrime and protect its digital economy.

Nigerian Students Face Expulsion Over Naira Devaluation at UK University

A group of Nigerian students at a UK university face expulsion due to financial difficulties caused by the devaluation of the naira. The university cites visa regulations, while students plead for support and a chance to finish their studies. The incident raises concerns about the vulnerability of international students to currency fluctuations.

Nigerian Central Bank Hikes Interest Rate to 26.25%

Nigeria’s Central Bank raised its benchmark interest rate to 26.25%, aiming to curb inflation and stabilize the economy despite potential growth impacts.

CBN Hikes Interest Rate to 26.25%, OPS Protests

The Central Bank of Nigeria raises the MPR to 26.25%, aiming to curb inflation but sparking concerns among businesses about higher borrowing costs.

Industry Experts Demand Action on Nigeria’s Food Sector Crisis

Industry leaders highlight the critical need for government intervention in Nigeria's food and beverage sector to address economic challenges.

Fintech Firms to Resume Customer Enrollment After Regulatory Pause

Nigerian fintech companies will be allowed to resume enrolling new customers in a few months, according to the Central Bank of Nigeria (CBN). The CBN had suspended new customer onboarding in April to address concerns about money laundering.

Food Import Bill Hits $2.13 Billion Over Flooding, Insecurity

In 2023, Nigeria's food import costs soared to $2.13 billion, driven by severe flooding and increasing insecurity, challenging efforts to enhance local agricultural production.

Nigeria Loses $6 Billion Oil Investment to Angola Amid Policy Issues

TotalEnergies diverts $6 billion oil investment from Nigeria to Angola due to policy inconsistencies and security concerns in Nigeria.

Latest articles

Dangote refinery cuts off petrol sales to fuel importers over “blending” of Euro-5 product with imported grades

Dangote Petroleum Refinery has stopped selling petrol to marketers who import fuel, accusing them of blending its Euro-5 product with lower-quality imported grades.

Lionel Messi plays final Argentina match tonight against Benin after 21 years, 207 caps and 125 goals

Lionel Messi will play his final match for Argentina on Tuesday in a friendly against Benin at Buenos Aires' Estadio Monumental, ending a 21-year international career.

Nigerians owe N2.06 trillion in personal loans as borrowing to survive overtakes borrowing to invest

Personal loans held by Nigerians rose to about N2.06 trillion in May 2026, CBN data shows, as households increasingly borrow to cope with rising living costs.

NYSC kidnap: Ransom drops from N1 billion to N100 million as police say camp is mined with IEDs

Kidnappers holding 20 prospective corps members in Imo State have cut their ransom from N50 million to N5 million each as parents report the captives are being beaten.