Marketers Resist Cutting Petrol Prices Below Dangote Rate
Independent oil marketers explain why petrol prices remain above Dangote Refinery's N739 benchmark, citing high logistics costs. Discover the factors shaping Nigeria's fuel price war.
Category : Business
National Housing Council to Reposition Built Environment
Dr. Shuaib Belgore announces the 14th National Council on Lands, Housing and Urban Development in Ilorin, focusing on policy alignment for affordable housing and sustainable cities. Read more.
Kogi Commended for Adopting National Tax Harmonisation Law
Kogi State earns national acclaim for domesticating the Harmonised Taxes law, a key step in eliminating multiple taxation and boosting investor confidence. Discover how this reform shapes Nigeria's fiscal future.
Customs Introduces New Rules for DDP Courier Companies
The Nigeria Customs Service has begun implementing a new Standard Operating Procedure for courier firms operating under Delivered Duty Paid. The move aims to streamline processes and boost revenue.
Tomato Prices Crash to 12-Year Low in Nigeria
Nigerian households and businesses enjoy stable tomato prices in 2025 after a record-breaking production year. Discover how strategic efforts broke a long cycle of scarcity and what challenges remain.
MultiChoice Nigeria Appoints Kemi Omotosho as New CEO
MultiChoice Nigeria has named Kemi Omotosho as its new Chief Executive Officer, effective January 2026. She succeeds John Ugbe, who retires after nearly 15 years. Read about the leadership change and its impact on Nigeria's media landscape.
Naira Appreciates to N1,421 per Dollar
The Nigerian Naira shows mixed performance, appreciating slightly against the US Dollar, British Pound, and Euro in the official market. Experts project 2026 outlook.
Three Nigerian Banks Set for Merger as CBN Deadline Nears
Nigeria's banking sector faces consolidation as three mergers are expected before the March 2026 recapitalisation deadline. Tier-2 banks scramble for survival amid fintech disruption and regulatory pressure. Read the full analysis.
CBN's Revised Cash Policy: Grey Areas and Risks
The CBN's revised cash policy removes deposit limits but raises concerns over ATM failures, election vote-buying, and national security. We analyse the potential pitfalls.
Weak Commercial Strategy Hurts Nigerian Airlines
Gbenga Onitilo of Travelden links domestic airlines' poor performance to flawed commercial frameworks, not just economic woes. Passenger traffic fell 6.46% in 2024.
DisCos Record N92.93bn Revenue Gap in October
Nigerian electricity distributors faced a N92.93bn revenue shortfall in October 2025 due to billing and collection inefficiencies. NERC data reveals stark performance gaps among DisCos. Read the full analysis.
Universal Insurance Plc Bets on Tech for 2026 Expansion
Universal Insurance Plc CEO Japhet Duru reveals a 2026 strategy focused on digital innovation to enhance customer experience and expand market share. Learn how technology is reshaping Nigeria's insurance sector.
32 Vessels with Fuel, Food to Arrive Lagos Ports
The Nigerian Ports Authority announces 32 vessels carrying petroleum products, food, and other goods are set to arrive at Lagos ports from Jan 12-30. Get the latest maritime updates.
Customs Introduces New Rules for Courier Companies
Nigeria Customs Service rolls out a new Standard Operating Procedure for courier firms under DDP. Learn about the licensing, documentation, and compliance requirements now in effect.
NBS on Inflation Spike, Obi Warns on Poverty
NBS clarifies the projected December inflation spike is due to statistical rebasing, not economic decline. Meanwhile, Peter Obi warns Nigeria's rising poverty is a threat to national survival. Global food prices fall for fourth month.
Paramount Sues Warner Bros Discovery in Takeover Battle
Paramount Skydance files lawsuit against Warner Bros Discovery, escalating its hostile bid to acquire the CNN-parent company. Get the latest on the corporate takeover saga.
Nigerian Car Dealers Turn to Electric Vehicles
Nigerian car dealers report a sharp drop in petrol car sales. The industry is now exploring electric and gas-powered vehicles as the future, despite infrastructure challenges. Read more.
NGX Opens Week Bullish as ASI Rises 0.58%
The Nigerian stock market started the week positively, with the All-Share Index gaining 0.58% and market capitalisation increasing by N744.99 billion. Discover the top gainers and trading activity details.
Customs Introduces New Rules for Courier Companies
The Nigeria Customs Service has launched a new Standard Operating Procedure for courier firms using Delivered Duty Paid. Learn the key requirements and compliance steps.
Nokia Phones Ordered in 2010 Finally Delivered After 16 Years
A Libyan phone dealer finally receives a shipment of Nokia phones ordered in 2010, after 16 years of delay caused by civil war and logistics collapse. Read the full story.
60 CBN recruits stranded 28 months after job offer
60 newly hired Central Bank of Nigeria staff face hardship after resigning for jobs they never started. They appeal to CBN Governor & President Tinubu for help. #CBN #Employment
Freight Agents Shut Down MSC Apapa Over New Charges
Freight forwarders in Lagos ports have shut down Mediterranean Shipping Company's Apapa office, protesting a new charge hike. They warn of rising import costs and consumer inflation. Read the full story.
Nigerian Doctor in Germany Lists Benefits of Paying 42% Tax
A Nigerian doctor in Germany highlights benefits like unemployment aid and child support after paying taxes, sparking debate on Nigeria's tax reforms. What do Nigerians get?
OGFTZ Fire: No Casualties, Investigation Ongoing
A fire at Good Mattress FZE in Ogun-Guangdong Free Trade Zone was contained with no lives lost. Management commends emergency response. Investigation into cause continues.
Osun empowers 2000 with PoS terminals, grants
Osun State Government has empowered 2000 women and youths with PoS terminals, CAC certificates, and grants to boost entrepreneurship and financial independence. Read more about this historic initiative.
Iran Currency Collapses, Naira Exchange Rate Hits Record
Iran's rial hits historic low amid protests and 42% inflation. The Nigerian naira now trades at N1 to 698.55 Iranian Rial. Read the full analysis of the crisis and its global implications.
PETROAN Urges FG to Revive Refineries by Q1 2026
PETROAN advises the Federal Government to focus on rehabilitating Nigeria's refineries to cut fuel prices and boost the economy. Read the full analysis and political implications.
Heineken CEO Resigns Amid Struggles to Boost Beer Sales
Heineken CEO Dolf van den Brink steps down unexpectedly. His tenure saw pandemic, inflation, and market volatility. Discover the future of the global brewer.
Naira Gap Widens: Official Rate Gains, Parallel Market Weakens
Nigeria's naira shows a split performance as the official rate gains to ₦1,423.17 per dollar while the parallel market weakens to ₦1,480. Discover the causes and implications of the widening exchange rate gap.
45 Countries Nigerians Can Visit Visa-Free
Nigerian passport holders can now enter 45 countries without a pre-arranged visa, boosting travel freedom. See the full list and latest updates.
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