Petrol Price Chaos: Nigerians Face Fresh Burden
By Gideon Osaka
In May 2023 when the multibillion-dollar Dangote Refinery was officially commissioned, it was hailed as a national pride and a monumental achievement for Nigeria’s petroleum sector. The 650,000 barrels per day (bpd)!-->!-->!-->!-->!-->…
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NGX: Heavyweight Stocks, Pension Fund Reforms Drive 6.16% Weekly Gain
The Nigerian equities market closed Friday on a positive note, gaining N6.79 trillion as investor sentiment strengthened amid heightened trading activity.
Market capitalisation of listed equities increased 6.16 per cent to!-->!-->!-->!-->!-->…
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Nigeria’s External Reserves Rise Towards $49bn, Boosting FX Confidence
Nigeria’s external reserves have climbed toward the $49 billion threshold, signaling improved foreign exchange liquidity and strengthening macroeconomic confidence.
The development reflects sustained inflows and ongoing reform!-->!-->!-->!-->!-->…
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Ooni Projects Nigeria For Foreign Investments As Africa’s Emerging Mining Hub
The Permanent Chairman of the Southern Nigeria Traditional Rulers Council (SNTRC), Arole Oodua Olofin Adimula and the Natural Head of the Oduduwa race worldwide, Ooni Adeyeye Enitan Ogunwusi, CFR, Ojaja II, the Ooni of Ife has urged!-->!-->!-->…
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US–Iran Talks Drive Market Caution As Crude Oil Nears $68
Crude oil prices traded in a narrow range on Monday as investors assessed geopolitical developments and supply expectations. Brent crude oil hovered close to the $68 per barrel level, while U.S. West Texas Intermediate remained near!-->!-->!-->…
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Prof Iledare Cautions Usage Of ‘Monopoly’ In Oil Industry
Professor Wumi O. Iledare
By Saidu Abubakar
The usage of the word "monopoly" certain stakeholders in the oil industry has vehemently been frowned at by a renown petroleum expert, Professor Wumi O. Iledare. He was reacting to a media!-->!-->!-->!-->!-->…
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Price Crisis: NARTO Urges FCCPC, NMDPRA To Tackle Monopoly
The Nigerian Association of Road Transport Owners (NARTO) has urged key regulatory bodies to intervene decisively in Nigeria’s downstream oil sector, warning that alleged monopolistic practices are driving fuel prices higher and!-->!-->!-->…
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NSA Office Speaks On Alleged Procurement Of Toxic Chemicals From Poland
The Office of the National Security Adviser has dismissed claims that it imported a dangerous chemical known as thallium sulphate from Poland.
Naija News reports that the reaction came after former Kaduna State Governor, Nasir!-->!-->!-->!-->!-->…
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VAT removed on land, buildings, rent — Oyedele
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele, has said that land, buildings and rent are now fully exempted from Value Added Tax (VAT) under the Nigeria Tax Act 2025.
Oyedele explained that!-->!-->!-->!-->!-->…
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Inside Nigeria’s latest Sophisticated Scam Network
•How fake airline discounts use N500 bait to empty thousands of bank accounts
What began as a harmless-looking airline discount offer of just N500 as a “processing fee” has now been exposed as one of the most sophisticated financial!-->!-->!-->!-->!-->…
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Establish local HQ In Economic Shift – Traore Orders Multinationals
Burkina Faso’s transitional government has taken a decisive step to tighten economic sovereignty, adopting a sweeping decree that compels large companies operating in the country to establish their headquarters within its borders.
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