The Dangote Refinery has announced a fresh reduction in the ex-gantry price of Premium Motor Spirit (PMS), popularly known as petrol. The refinery announced ₦75, price reduction, slashing the per-litre cost of petrol to ₦1,200. Recall that two days ago,…
BUA Cement Chairman, Abdul Samad Rabiu, has risen to become Africa’s second-richest individual, according to the latest Bloomberg Billionaires Index released on May 7, 2026. Join our WhatsApp group Data reviewed by TVC News on Thursday shows that Rabiu’s net…
The Hidden Risk of SIM Recycling: Protecting Your Digital Identity In Nigeria’s fast-paced digital world, your phone number is more than just a way to call home. It is the master key to your bank account, your social media, and…
ByDavid
The Naira’s Steady Climb: Local Currency Gains Ground Against the Dollar The Nigerian Naira is showing a refreshing level of resilience this week. In a market often characterized by volatility, the local currency has extended its winning streak. Recent data…
ByDavid
Jim Ovia, the founder and group chairman of Zenith Bank, has announced his resignation from his position at the helm of affairs once his term has ended. The bank announced the development at its ongoing 35th Annual General Meeting on…
The Battle for Your Data: How Nigeria’s Telecom Giants are Reinvents Themselves The golden era of easy growth for Nigeria’s telecommunications industry is shifting. For years, giants like MTN, Airtel, and Globacom relied on a steady stream of new mobile…
ByDavid
The Profit Paradox: Why Nigeria’s Biggest Banks Saw a 18% Dip Nigeria’s financial heavyweights, the Tier-1 banks, are currently navigating a strange economic landscape. On one hand, their total earnings have never looked stronger. They are bringing in more money…
ByDavid
The Naira Finds Its Footing: A Historic Breakthrough in April For the first time since the introduction of the Nigerian Autonomous Foreign Exchange (NAFEX) window, the Naira has achieved a significant milestone. It successfully broke a long-standing cycle of April…
ByDavid
Rising Tides: Nigeria’s Economy Eyes a N6.8 Trillion Windfall in 2026 Nigeria’s economic landscape is showing signs of a significant fiscal rebound. According to a fresh report from BMI, a unit of Fitch Solutions, the country is positioned to gain…
ByDavid
Nigerian airline operators have expressed concern about losing N150 billion in just two months, while ground handling companies have threatened to take additional action over unpaid bills of approximately N9 billion. Roland Iyayi, a member of the Board of Trustees…
Back to Business: Dangote Refinery Resolves Internal Conflict and Recalls Staff The rhythmic hum of machinery is returning to the Dangote Refinery. After a period of quiet tension, the management has officially recalled its technical team. This decision marks the…
ByDavid
The Weight of Interest: Navigating Nigeria’s N16.26 Trillion Debt Challenge. Nigeria’s fiscal landscape is undergoing a massive shift. Recent data reveals a stark reality for the nation’s economy. Under the current administration, the cost of servicing debt has surged significantly.…
ByDavid
President Tinubu has appointed Rabiu Umar, a staff member of Dangote Industries Limited, as the new CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), following the removal of Saidu Mohammed. This was revealed by presidential aide, Bayo…
Dialing for Change: Why Nigeria’s Telecom Giants are Demanding a Policy Reset. The digital backbone of Nigeria is at a crossroads. As we approach the sunset of the National Broadband Plan (NBP) 2020–2025, the mood among telecommunication operators is less…
ByDavid
The New Fuel Reality: Navigating the Surge Toward N1,400 Per Litre. For many Nigerians, the local filling station has become a place of growing anxiety. The cost of premium motor spirit (PMS) is climbing again. Recent reports indicate that petrol…
ByDavid
