BUSINESS
Davido To Dole Out N20m To Entrepreneurs
Music star David ‘Davido’ Adeleke has announced his decision to dole out N20million to a few small medium enterprises in Africa. The singer announced this...
After Insisting That Petrol Import Will Continue, Operators Accuse FG Of Working Against Local Refineries
Some local refinery operators have lamented that the announcement made by the Nigerian Midstream and Downstream Petroleum Regulatory Authority, stating that the Federal Government...
IPMAN Announces Petrol Price Reduction To ₦935 Per Litre
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced a significant reduction in the price of Premium Motor Spirit (PMS), commonly known as...
NERC Explains Reason For Saturday’s Grid Collapse
The Nigerian Electricity Regulatory Commission has revealed that Saturday’s grid collapse was a result of a current transformer explosion. For the third time in one...
Minister Says FG Can’t Continue Payment On Electricity Subsidy
The Minister of Power, Adebayo Adelabu, says Nigeria cannot continue to subsidise electricity, adding that the nation must begin to move towards a cost-effective...
It’s Time To Pay Workers Living Wage In Line With Current Realities, Says Reps Speaker Abass
Speaker of the House of Representatives, Tajudeen Abass, has advocated a review of salaries for workers in the country. Abass said this in a statement...
Selling Forex To Banks To End In 2022 – CBN
The Central Bank of Nigeria (CBN) has put Deposit Money Banks (DMBs) on notice that it will stop selling forex to them by the...
Naira Holds Strong As February Opens: Stable Start Signals Confidence In Nigeria’s FX Market
The Nigerian Naira began the first trading week of February 2026 on a stable note, holding firm within the ₦1,390 range in the official...
Transport Costs Surge In Nigeria As Airfares And Okada Rides Drive Up February Spending
Nigerians paid more for transportation in February 2026 as rising airfares and motorcycle (Okada) fares pushed overall commuting costs higher, according to the National...
FG Agrees To Reduce Fuel Price By ₦5
Following the resumption of talks between the Federal Government (FG) and the leadership of the Organised Labour over the recent hike in the price of fuel...
