Business

Banks Lose N134 Billion To Fraud - CBN The Central Bank of Nigeria Central Bank of Nigeria has revealed that fraudsters stole about N134 billion from banks and customers across the country between 2020 and 2025. The figure covers…
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Diesel, Petrol Gets Cheaper As Crude Oil Crashes Petrol and diesel prices have started dropping in Nigeria as global crude oil prices decline after tensions in the Middle East eased. The move was led by the Dangote Petroleum…
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Police Awards Contracts Worth N1.7B To Two Firms Linked To Ex IGP The Nigeria Police Force is facing questions over Safe School contracts worth about N1.7 billion awarded during the tenure of former Inspector-General Kayode Egbetokun.…
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Road Development Reaches Tungan Madaki In Abuja Residents of Tungan Madaki in the Federal Capital Territory have welcomed the completion of a new access road that now links their community to Airport Road. The project, delivered by…
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Federal Government Bans Personal Email For Official Use The Federal Government has prohibited the use of personal email services such as Yahoo Mail for official communications within the public sector, directing civil servants to adopt…
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Dangote Refinery Cuts Fuel Price Dangote Petroleum Refinery has reduced the gantry price of petrol by N75 per litre, lowering the cost from N1,250 to N1,175. The company also adjusted its coastal price for petrol, bringing it down…
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FG Vows Uninterrupted Power Supply To Tertiary Health Facilities The Federal Government has unveiled plans to provide reliable electricity to thousands of health facilities across Nigeria, with a target of ensuring uninterrupted power…
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Marketers Move To Import Cooking Gas Cooking gas marketers are preparing to import large volumes of Liquefied Petroleum Gas as prices continue to rise across Nigeria. The move comes after the cost of the product climbed by about…
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Borno N4bn Rail Funds Under Scrutiny Questions are mounting over railway spending in Borno State after reports claimed that more than ₦4 billion was allocated to rail-related projects without any visible infrastructure to show for it. …
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Umahi Hails Tinubu On South East Road Revival Minister of Works David Umahi says the Federal Government is reviving major road projects in the South-East that were conceived decades ago but never completed. He credited the renewed…
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