Business

Tinubu Cuts Fuel Price Across States President Bola Ahmed Tinubu has approved a sharp reduction in petrol price, lowering it from ₦1,350 to ₦600 per litre across 17 states and the Federal Capital Territory. The directive takes…
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FG Begins Crackdown On Substandard Fuel Sales The Federal Government has announced plans to crack down on filling stations selling adulterated and substandard petroleum products across Nigeria. The move is aimed at protecting…
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NNPC Increases Dangote Crude Supply The Nigerian National Petroleum Company Limited has increased crude oil allocation to the Dangote Refinery to seven cargoes for May. This marks a rise from the five cargoes previously supplied…
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Tinubu Seeks Approval For $5bn Loan President Bola Ahmed Tinubu has asked the House of Representatives to approve a $5 billion external loan from First Abu Dhabi Bank to support government spending. The request was presented in a…
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EFCC Re-arraigns Oil Firm CEO Over Fraud The Economic and Financial Crimes Commission has re-arraigned Abubakar Ali Peters, chief executive of Nadabo Energy Limited, over an alleged N1.4 billion oil subsidy fraud in Lagos. The case…
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SSANU Issues Strike Ultimatum To FG In Nigeria, the Senior Staff Association of Nigerian Universities has threatened to embark on a nationwide strike over unpaid salaries, delayed allowances, and stalled negotiations with the Federal…
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Wike Gives Land Papers To FCT Rulers In Abuja, the Minister of the Federal Capital Territory, Nyesom Wike, has presented land allocation documents to members of the FCT Council of Traditional Rulers as part of efforts to improve ties…
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Atiku Clears Air On OPL Dispute In Abuja, the media office of former Vice President Atiku Abubakar has defended its position on the OPL 245 matter, saying it is based on public records and legal facts. The response followed comments…
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Otti Opens $35 Million Factory Abia State Governor Alex Otti has commissioned a new beverage plant in Aba valued at $35 million. The facility is set to create jobs and boost local production in the region. The plant’s launch marks…
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Court Reverses CBN Action In Lagos on Wednesday, a Federal High Court nullified the Central Bank of Nigeria’s 2024 decision to dissolve the board and management of Union Bank. The court ruled that the action was beyond the powers of…
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