Business

The price war in Nigeria’s downstream oil sector has intensified, with some filling stations now selling petrol below the N739 per litre benchmark set by the Dangote Petroleum Refinery. This follows Dangote’s December price cut, which…
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The Federal Government has called on state governments to ban wooden boats used for commercial transport on Nigeria’s waterways, warning that their continued use is costing lives. The appeal was made by the Minister of Marine and Blue…
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Aliko Dangote, President of Dangote Industries Limited, has formally petitioned the Economic and Financial Crimes Commission (EFCC) over alleged corruption by Farouk Ahmed, former CEO of the Nigerian Midstream Downstream Petroleum…
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Preparations for Nigeria’s 2027 general elections gained momentum as President Bola Ahmed Tinubu approved a N1.01 trillion allocation for the Independent National Electoral Commission. The funding is aimed at strengthening election…
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Workers under the Federal Capital Territory Administration have issued a seven day ultimatum to FCT Minister Nyesom Wike over unresolved pay, pension, and promotion issues. The action was announced by the Joint Union Action Congress…
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Dangote Petroleum Refinery says it is still operating and has not shut down, countering claims making the rounds about a halt in production at the facility. The company made this known after reports suggested the refinery had stopped…
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A Federal High Court in Abuja has ordered the temporary takeover of N30.7 million linked to an alleged fraud case involving officials of the Nigerian National Petroleum Company Limited. The order was granted on Monday by Justice Emeka…
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President Bola Tinubu has forwarded the names of 21 nominees to the Senate for confirmation as board members of Nigeria’s key oil and gas regulatory bodies. The nominations cover the Nigerian Upstream Petroleum Regulatory Commission and…
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Twenty nine people have died after a passenger boat accident in Yobe State, as rescue teams continue efforts to locate about ten others still unaccounted for. The incident took place in Garin Garbi community of Nguru Local Government…
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Chief Bode George, former deputy national chairman of the Peoples Democratic Party, has criticised the tax policies under President Bola Tinubu, warning that the drive for revenue is putting unbearable pressure on Nigerians. He spoke in…
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