Business News

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...

Aliko Dangote, Africa’s richest man and one of Nigeria’s most influential business figures, has officially stepped down as Chairman of the Board of Dangote...

Former U.S. President Donald Trump has declared that a new U.S.–China trade deal is officially “done” after two days of high-level negotiations between American...

Tesla shares plummeted more than 14% on Thursday, June 5, amid the intensifying feud between CEO Elon Musk and U.S. President Donald Trump, erasing...

Tesla CEO Elon Musk saw his net worth plunge by $34 billion on Thursday as Tesla shares fell sharply following a public online clash...