Dangote Petrol Price Hits N1,275/Litre as Oil Tops $110
Dangote Petroleum Refinery has increased petrol prices twice within 24 hours, reaching N1,275 per litre, as global crude oil prices surge above $110 due to Middle East tensions.
Category : Business
Vitel Wireless Unveils Non-Expiring Data for Nigerian Users
Nigeria's newest telecom operator, Vitel Wireless, introduces a revolutionary 'data that never expires' campaign, allowing subscribers to retain purchased data indefinitely until fully used, aiming to address common consumer complaints and disrupt the tel
Ex-Fidelity Bank Worker Shares 2008 Salary Details
A former Fidelity Bank executive trainee who relocated to Germany has disclosed his 2008 annual salary of N1.6 million, sparking discussions about banking sector compensation changes over time.
Tennie Oyewole: Architect of Nigeria's Influencer Economy
Tennie Oyewole, known as Miss Tennie, has quietly shaped Nigeria's influencer economy through strategic roles at TikTok and her talent management company, TT Effect, now part of Defears Management.
FirstPower Intensifies Removal of Illegal Power Line Structures
FirstPower Electricity Distribution Company has intensified efforts to remove illegal structures under power lines in Awka/Abagana District, partnering with ACTDA to enforce safety clearances and prevent dangerous violations.
Africa's Top 10 Happiest Countries in 2026 Ranking
The 2026 World Happiness Report highlights Africa's happiest nations, with Mauritius leading the continent. Strong social support and health outcomes prove more crucial than income alone.
DisCo Pledges 24-Hour Electricity to Anambra via CNG Plan
FirstPower Electricity Distribution Company announces plans to deliver uninterrupted 24-hour electricity to selected areas in Anambra State using a Compressed Natural Gas-powered project, targeting completion within six to eight months.
Shippers' Council Suspends Shipping Tariff Hike
The Nigerian Shippers' Council has ordered shipping lines to suspend a recent tariff hike, citing concerns over timing and impact on port users, following protests by freight forwarders in Lagos.
Nigeria's Pension Paradox: Big Assets, Poor Payouts
Nigeria's Contributory Pension Scheme faces a crisis as retirees struggle with low monthly payouts despite N22.51 trillion in assets, highlighting inflation's impact and regulatory gaps.
Turkish Airlines $2.2bn Profit in 2025, Adapts to Global Challenges
Turkish Airlines reported a core operating profit of $2.2 billion in 2025, with revenue rising to $24.1 billion. Chairman Ahmet Bolat attributes success to adapting to geopolitical tensions and supply chain disruptions.
Tax Reforms to Favor Women, Youths, FG Assures
The Federal Government has assured that ongoing fiscal and tax reforms will create a fairer, more inclusive system supporting economic participation, with a focus on women, youths, and informal workers.
Providus Bank Met CBN Recapitalisation in January 2025
Providus Bank management debunks media reports, confirming it achieved the Central Bank of Nigeria's ₦50 billion recapitalisation threshold in January 2025, with a current capital base of ₦65 billion.
Middle East Conflict Disrupts Fertilizer Supply, Hits African Food
The ongoing Middle East conflict has severely disrupted trade through the Strait of Hormuz, impacting global energy and fertilizer markets. This disruption raises costs for African countries like Nigeria, threatening food production and increasing prices
CAADP Kampala Implementation Workshop Held in Yaoundé
Stakeholders and leaders across Africa gathered in Yaoundé, Cameroon, for a three-day workshop on implementing the CAADP Kampala Guidelines to transform the continent's agrifood systems from 2026 to 2035.
Nigerian Breweries Earns 2026 Top Employer Certification
Nigerian Breweries Plc has been awarded the 2026 Top Employer Certification in Nigeria by the Top Employers Institute, recognizing its excellence in HR practices, including talent development and employee wellbeing.
Experts: High Costs, Bonding Fuel Pilot Shortage in Nigeria
Aviation experts highlight rising pilot training costs and strict bonding agreements as key drivers of contract breaches and shortages in Nigeria's aviation sector, urging balanced solutions.
Bank Collusion Alleged in $43.5M Oriental Energy Dividend Case
Fresh allegations of bank collusion have emerged in the $43.5 million dividend dispute between twin sisters and Oriental Energy Resources. Court documents suggest banks may have concealed funds to frustrate enforcement of a court judgment.
SCAN Pushes Green Ports, Celebrates Dockworkers in 2026 Event
The Shipping Correspondents Association of Nigeria (SCAN) calls for green port initiatives and sustainable practices for dockworkers, with a focus on environmental performance and economic viability in seaports. The upcoming SCAN Dockworkers' Day 2026 wil
Shippers' Council Calls for Dialogue on Tariff Hike
Nigerian Shippers' Council CEO Dr. Pius Akutah urges freight forwarders to embrace dialogue over tariff protests, warning industrial actions could disrupt port operations and harm the economy.
Africa's Infrastructure Boom Faces 150,000 Professional Shortfall
A new report from the Project Management Institute reveals that Sub-Saharan Africa's construction sector will face a deficit of nearly 150,000 professionals by 2035, threatening the delivery of critical infrastructure projects across the continent.
Nigeria-UK Customs Deepen Strategic Engagement for Trade
The Nigeria Customs Service and UK's HMRC have enhanced cooperation through a high-level meeting in London, focusing on customs modernization, data transparency, and trade facilitation under the ETIP framework.
Ikota Shopping Complex Elects New Leadership and Board
Shop owners at Ikota Shopping Complex have elected a new Executive Committee and nominated a Board of Trustees to enhance governance and transparency after a period without formal leadership.
Alakija Urges Nigerian Women to Persist with Faith
Folorunsho Alakija, Africa's richest woman, encourages Nigerian women to embrace persistence and faith to overcome barriers, sharing her journey from modest beginnings to business success at an International Women's Day event.
Remembering Lawal Yusuf Obelawo: A Nigerian Titan
Lawal Yusuf Obelawo, a pioneering Nigerian entrepreneur and community leader, passed away at 95. His legacy includes founding Africa's first plastic pipe factory and shaping Osun State's creation.
Experts: Women Should Prioritize Investments Over Lifestyle Upgrades
Stakeholders at a Lagos women's event emphasize building generational wealth through property ownership and disciplined investing, warning against social media-driven spending habits.
Rotary e-Club Empowers 52 with N10M Vocational Tools
The Rotary e-Club of Maryland Ikeja has transformed lives by empowering 52 beneficiaries with vocational equipment worth N10 million, including sewing machines and grinding machines, to combat unemployment and foster self-reliance.
Nestlé Pure Life Wins 2025 Product of the Year Award
Nestlé Pure Life has been honored with the 2025 Product of the Year award by Leadership Newspaper for its commitment to delivering safe, high-quality drinking water and advancing sustainability initiatives in Nigeria.
)
Dangote Refinery Increases Fuel Price to ₦1,245 per Litre
Nigerians face higher fuel costs as Dangote Refinery hikes petrol price to ₦1,245 per litre due to global crude oil shortages and Middle East conflicts.
Ogun Hosts Third MSME Business Clinic for Small Business Growth
Ogun State's Ministry of Industry, Trade and Investment organizes the third MSME Business Clinic on March 24, 2026, offering grants, free CAC registration, and advisory sessions to support small businesses in Abeokuta.
Vitel Wireless Launches Non-Expiring Data Plan in Nigeria
Vitel Wireless enters Nigeria's telecom market with 'Data Wey No Dey Expire' service, offering unlimited usage periods and addressing common industry pain points.
Page 294 of 453