Business

Dangote Clears Air On Petrol Price Dangote Refinery and Petrochemicals has dismissed reports of a fresh hike in petrol price, stating that loading is still ongoing at the existing rate. The clarification follows claims that the…
Read More...

EKSU Rolls Out New ASUU Salary Reform Ekiti State University has become the first state university in Nigeria to roll out the new salary structure for lecturers. The Vice-Chancellor, Babatola Ayodele, disclosed this in Ado-Ekiti on…
Read More...

Wike Orders Arrest After Building Collapse In Abuja, the Minister of the Federal Capital Territory, Nyesom Wike, on Monday ordered the arrest of a developer after a multi-storey hotel collapsed in the Jikwoyi area. Authorities also…
Read More...

Lagos Starts Sueing Tax Defaulters The government of Lagos State has taken 45 companies and individuals to court over unpaid taxes running into billions of naira. The cases were filed at the state Revenue Court as part of efforts to…
Read More...

Airlines Set For Expansion Boost - NCAA The Nigerian Civil Aviation Authority says increased aircraft acquisitions, supported by banks, are expected to strengthen airline capacity across Nigeria. The move is seen as a step toward…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...

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…
Read More...