Commercial transport operators in Lagos and Abuja have announced significant fare increases following a surge in petrol prices, with pump rates reaching N1,400-N1,550 per litre despite Dangote Refinery's recent price reduction.
Zenith Bank Plc hosted a major International Women's Day seminar in Lagos featuring Nigeria's First Lady, Lagos State First Lady, and other prominent women leaders discussing empowerment, education, and leadership development for women across Nigeria.
United Bank for Africa hosted a hybrid Business Series event focusing on female leadership and entrepreneurship. Panelists discussed women reshaping business and innovation across Africa during International Women's Month celebrations.
Ella, the content creator who highlighted Lagos BRT bus shortages, receives a one-year transport allowance and salary raise from her employer in recognition of her advocacy for city transport issues.
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The Federal Government has affirmed it will not intervene to control petrol prices despite Middle East tensions, allowing market forces to determine costs. Finance Minister Wale Edun stated intervention would only be a last resort, highlighting CNG expans
The FCCPC has concluded its investigation into alleged price-fixing by airlines during December 2025, with ticket prices soaring from N145,000 to N670,000. The commission is considering compelling refunds for affected passengers.
Commercial vessels in the Gulf region are declaring Chinese ownership in their destination signals to reduce targeting risks as the Israel-Iran conflict disrupts maritime routes. At least eight ships have adopted this tactic.
Former US President Donald Trump minimized concerns about increasing oil prices, stating the United States profits significantly when energy costs rise. He emphasized preventing Iran from obtaining nuclear weapons as his primary focus.
China has tightened export restrictions on refined oil products to shield its economy from Middle East instability, causing global market volatility and raising energy security concerns.
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A long-serving Brisbane ferry employee lost her job when a workplace tribunal upheld her dismissal due to excessive absences linked to a serious medical condition, highlighting employment challenges in Australia.
Seplat Energy has announced plans to drill 17 new wells in 2026, aiming to increase production to between 135,000 and 155,000 barrels of oil equivalent per day. The company also revealed capital expenditure projections and discussed a potential stake sale
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has granted import permits to six marketers for 30,000 metric tonnes each of petrol. This comes as industry data reveals Dangote Petroleum Refinery supplied 92% of Nigeria's petrol in Fe
The Nigerian naira appreciated significantly against the US dollar in the official market, closing at N1,376.19/$, following the Central Bank's resumption of dollar sales. The parallel market remained stable at N1,440/$.
Major telecom operators including MTN and Airtel plan to introduce ultra-affordable 4G smartphones priced around N55,000 in Nigeria and five African countries by 2026 to boost internet access for millions.
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Nigeria's petrol market undergoes dramatic transformation as federal government suspends import licenses, giving Dangote Refinery 92% market share in N14.4 trillion annual industry. Experts warn of monopoly risks while regulators defend policy shift.
Petrol prices at NNPC and other filling stations have dropped significantly after Dangote Refinery reduced its ex-gantry price, providing relief to motorists and families across Nigeria.
Nigeria's electricity supply faces further deterioration as gas suppliers threaten to halt fuel deliveries to thermal power plants over N3.3 trillion in unpaid debts, with generation already falling below 4,000 megawatts nationwide.
Lagos State Internal Revenue Service (LIRS) mandates all residents to file annual tax returns by March 31. Special Adviser Abideen Akande explains the self-assessment system, penalties for defaulters, and the online filing process via e-tax.lirs.net.
NNPC Ltd is in discussions with international and local oil producers to increase crude oil production, aiming to enhance supply for domestic refining, particularly at the Dangote Petroleum Refinery, amid global market volatility.
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EKEDC has scheduled a three-day electricity outage in parts of Lekki, Lagos, from March 13-15, 2026, for equipment upgrades to improve supply reliability.
The Central Bank of Nigeria injected $200 million into the forex market to stabilize the naira, leading to consecutive gains and improved market sentiment amid high dollar demand.
Residents of Lagos protested at Fadeyi on March 12, demanding an end to epileptic power supply and estimated billing, citing impacts on businesses and daily life.
Following Dangote Refinery's pricing adjustments, private depots across Nigeria have reduced petrol loading rates, sparking intense competition in the downstream fuel market. Major hubs like Lagos, Warri, and Calabar see significant price cuts, potentiall
Nigeria's Securities and Exchange Commission has released a full list of 38 unregistered digital platforms it has shut down, warning fintech operators about investor risks in the capital market.
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The Central Bank of Nigeria has issued new baseline standards requiring financial institutions to implement automated anti-money laundering systems to detect suspicious transactions and enhance compliance with financial crime regulations.
The African Energy Chamber urges African governments and companies to boycott the 2026 Africa Energies Summit in London due to alleged discriminatory hiring practices by organizers.
As UK unemployment is projected to peak at 5.3% in 2026, this guide outlines essential financial support available to jobseekers including Jobseeker's Allowance and Universal Credit.
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SIMS Nigeria launches a new digital centre on Allen Avenue in Ikeja, offering up to 70% discounts on smart electronics from brands like Samsung and TCL during a flash sale event.
Enugu State government plans to generate 1,000 megawatts of electricity from coal reserves while cracking down on illegal mining operations across the state.
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Baobab Microfinance Bank Nigeria has unveiled the Green Finance Project, a training initiative to develop skilled professionals who can provide responsible solar energy advice to households and SMEs in Lagos, addressing rising energy costs and advisory ga
