Business News

In a major boost for Nigerian cardholders, three leading commercial banks—United Bank for Africa (UBA), Wema Bank, and Guaranty Trust Bank (GTB)—have reinstated international...

In a significant development for Nigeria’s downstream oil sector, the Dangote Refinery has reduced the price of petrol at its loading point to N865...

Dutch digital navigation firm TomTom has announced a major restructuring plan that will result in the layoff of approximately 300 employees, roughly 10% of its global...

Pay-TV giant MultiChoice Nigeria has announced a massive 50% price cut on its DStv decoder, reducing the cost from N20,000 to N10,000 in a bold move aimed at...

The Nigerian National Petroleum Company (NNPC) Limited has once again increased the pump price of petrol across its retail outlets, with Lagos residents now paying N915...

MRS Oil Nigeria Plc, one of the major distributors of Dangote Refinery products, has increased the pump price of Premium Motor Spirit (PMS) to...

Lagos, Nigeria – June 21, 2025 – Nigerians may soon face another petrol price hike as the Dangote Petroleum Refinery has raised its ex-depot...

Africa’s richest man and President of Dangote Group, Aliko Dangote, has revealed that the $20 billion Dangote Refinery is increasingly relying on imported crude...

The Central Bank of Nigeria (CBN) has reiterated the strength and stability of the country’s banking sector while rolling out transitional measures for banks...

Nigeria’s headline inflation rate has dropped to 22.97% in May 2025, according to the National Bureau of Statistics (NBS). This marks a 0.74% decline...