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Bank of Industry urges Lagos to invest in industrial clusters to lift productivity

Bank of Industry chief Olasupo Olusi says Lagos should invest in industrial clusters, power and faster freight to cut business costs and attract private capital.
News

US visa ban imposed on Nigerian Supreme Court justices, retiring jurist says

Retiring Justice Uwani Abba-Aji says the U.S. barred all members of a Nigerian Supreme Court panel from travel after a judgment she called widely misinterpreted.
News

Nigeria Transporters, Commuters Decry Rising Fuel Prices Amid Middle East War

Transporters and commuters say high petrol prices are worsening hardship, despite reports that Dangote Refinery has reduced its gantry price.
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Nigeria Customs Hands Over Seized Fuel Worth N40.7 Million

Nigeria Customs hands over seized fuel valued at N40.7 million after intercepting petrol across Lagos border corridors in anti-smuggling operation.
Business

Nigeria Cuts Petrol Imports as Local Refining Rises in December

KEY POINTS Petrol imports fell by 19 percent in December, while local refinery supply...
News

ICPC Presses Ahead With Probe of Ex-NMDPRA Chief

Nigeria’s ICPC says it will continue probing former NMDPRA chief Farouk Ahmed despite the withdrawal of a petition that initially prompted the investigation.
Business

Nigeria Petrol Supply Rises Despite Dangote Refinery Falling Short

Nigeria’s fuel regulator says petrol supply increased in November despite lower than expected output from the Dangote Refinery, with imports accounting for most of the surge.
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Dangote NMDPRA Dispute Sparks Call for Strong Institutions

Nigeria’s oil workers union urges stronger institutions as tensions between Dangote Group and the petroleum regulator raise governance concerns.
Business

Petroleum Regulator Chief Quits After Dangote Calls for Probe

KEY POINTS Nigerian petroleum regulator resignation followed public scrutiny and investor pressure. Tinubu nominated...
Business

Dangote Accuses Fuel Regulators of Undermining Refining Push

Aliko Dangote accuses Nigeria’s fuel regulators of undermining local refining, escalating a dispute over imports, transparency and energy policy direction.
News

Dangote Sets N739 Petrol Pump Price

Dangote sets petrol pump price at N739 per litre, warning marketers and regulators as refinery partners begin nationwide rollout after gantry price cuts
News

FG Stops Planned 15% Import Duty on Petrol and Diesel

Federal Government suspends 15% import duty on petrol and diesel to keep fuel prices stable and maintain market supply.
News

How Petrol Station Attendants Cheat Nigerians with Pump Manipulation

Pump attendants cheat petrol buyers across Nigeria, shortchanging motorists as regulators lack staff to monitor stations.
Business

Yuletide drives Petrol Consumption to 50 million Litres

Nigeria’s daily fuel demand climbs to 50 million liters ahead of the yuletide, despite subsidy removal and price hikes
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Bank of Industry urges Lagos to invest in industrial clusters to lift productivity

Bank of Industry chief Olasupo Olusi says Lagos should invest in industrial clusters, power and faster freight to cut business costs and attract private capital.
News

US visa ban imposed on Nigerian Supreme Court justices, retiring jurist says

Retiring Justice Uwani Abba-Aji says the U.S. barred all members of a Nigerian Supreme Court panel from travel after a judgment she called widely misinterpreted.
News

Nigeria earmarks 2.1 billion naira to revive OAUTHC renal program

Nigeria's federal government has appropriated 2.1 billion naira to revive kidney care at Obafemi Awolowo University Teaching Hospitals Complex, its chief medical director says.
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Nigeria’s fiscal deficit hits 4.69 trillion naira in Q1 as revenue falls short

Nigeria's government ran a 4.69 trillion naira fiscal deficit in the first quarter as revenue fell far short of target and foreign loans stalled.