MRS and other partners of the Dangote Petroleum Refinery are reportedly scheduled to start selling petrol at N739 per litre, barring any last-minute changes. The refinery cut the price of its fuel gantry from N828 to N699 per litre two…
FG’s N4 Trillion Power Bonds: Risky Debt-for-Debt Strategy Sparks Fiscal Concerns The Federal Government’s plan to issue up to N4 trillion in government-backed bonds to settle crippling legacy debts owed to Electricity Generation Companies (Gencos) and gas suppliers has been…
Alhaji Aliko Dangote, the president of the Dangote Group, claimed on Sunday that Farouk Ahmed, the chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority, paid roughly $5 million for his four children’s secondary school education in Switzerland.…
The Central Bank of Nigeria (CBN) has directed all PoS Terminal providers, acquirers, processors, and payment terminal service providers (PTSPs) to implement mandatory dual connectivity with the Nigeria Inter-Bank Settlement System (NIBSS) and Unified Payment Services Limited (UPSL) for point…
The Federal Competition and Consumer Protection Commission (FCCPC) has announced an enlarged probe into the alleged arbitrary increase in airfare by the majority of Nigerian airlines in response to the recent national outcry. According to the reports, several domestic airlines,…
The federal government has announced that all taxable Nigerians will be required to obtain a Tax Identification Number (TIN) in order to operate bank accounts in the country, ahead of the new tax reforms taking effect on January 1, 2026.…
Immediate Action Required: CAC Mandates New Information for All Business Name Updates Table of Contents The New Mandate: Required Information for Updates Why the CAC is Demanding More Data List of Mandatory Details The “Why”: Enhancing Integrity and Combating Fraud…
The executive chairman of United Nigeria Airlines, Obiorah Okonkwo, has urged the national legislature to lessen the numerous taxes that affect domestic airlines airfaresAir. Speaking at the opening of commercial operations at the Ekiti Agro-Allied International Airport, Okonkwo claimed that…
The Economic Community of West African States (ECOWAS) has appointed Alhaji Aliko Dangote, Chairman of the Dangote Group, as the pioneer Chairman of the ECOWAS Business Council (EBC). Join our WhatsApp group ECOWAS President, Dr. Omar Touray, announced this during…
MeCure Industries Plc: Key Takeaways from N10 Billion Commercial Paper Launch at 21% Yield Table of Contents Investment Opportunity: Series 6 Commercial Paper Details Offer Structure and Size Key Dates for Investors Impressive Financial Performance (9M 2025) Exceptional Revenue Growth…
The Nigerian National Petroleum Company Limited(NNPCL), and other filling stations have reportedly reduced petrol price( premium motor spirit, PMS). Sources noted that NNPCL retail locations in several areas of Abuja had reduced the price of petrol from N920 to N915…
NNPC, Heirs Energies Seal Flare Gas Deals: Converting OML 17 Waste to Power Generation The Nigerian National Petroleum Corporation (NNPC) and Heirs Energies have taken a crucial step in advancing Nigeria’s energy transition goals by signing Gas Flare Commercialization Agreements.…
Following public outcry over the abrupt and sharp increase in domestic airfare, the Senate has called an urgent meeting with Festus Keyamo, the Minister of Aviation, and important industry players. The resolution was passed after Buhari Abdulfatai made a motion…
The Federal Government has ordered ministries, departments, and agencies to carry over 70 per cent of their 2025 capital budget into the 2026 fiscal year as the administration moves to prioritise the completion of existing projects and contain spending pressures…
Standard Chartered Completes Exit from Cameroon, Hands Over Operations to Access Bank. Standard Chartered has successfully completed the transfer of its banking operations in Cameroon to Access Bank Cameroon. This move, confirmed in a statement dated December 5, 2025, marks…
