CAC Prepares to Shut Down Unregistered POS Businesses
The Corporate Affairs Commission (CAC) has announced its intent to take firm action, including closing down Point of Sale (POS)…
Dangote Refinery Won’t Sell Fuel Below Market Price, Says Tinubu Presidency
The Nigerian Presidency has clarified that the Dangote Refinery will not sell its refined products, including Premium Motor Spirit (PMS),…
Nigeria Ranks as Third Largest Debtor to World Bank Agency as Tinubu Government Increases Loans to $16.5 Billion.
Nigeria has advanced to become the third-largest debtor to the World Bank’s International Development Association (IDA) as of June 30,…
‘You Dealt A Blow To Oil Cabals’, Otedola Lauds Dangote
Billionaire businessman Femi Otedola has extended his congratulations to his friend and fellow entrepreneur, Aliko Dangote, on the successful realization…
Bill Gates Urges Nigeria to Focus on Health Commodities Rather Than Local Vaccine Production
Philanthropist and co-chair of the Bill and Melinda Gates Foundation, Bill Gates, has urged Nigeria not to overly prioritize local…
Nigerian Stocks End August in the Red as Investors Hesitate Over Economic Outlook
The Nigerian All Share Index (ASI) ended August on a negative note, reflecting investor concerns over several macroeconomic challenges and…
NNPC Acknowledges $6 Billion Debt to Petrol Suppliers
The Nigerian National Petroleum Company Limited (NNPC Ltd) has confirmed that it owes a substantial debt to its petrol suppliers,…
FG Gives Traders One-Month Deadline to Lower Prices
The Federal Competition and Consumer Protection Commission (FCCPC) has issued a one-month ultimatum to traders and market stakeholders engaged in…
NNPCL to Transfer Control of Warri and Kaduna Refineries to Private Operators
The Nigerian National Petroleum Company Limited (NNPCL) announced its intention to engage reputable and credible Operations and Maintenance (O&M) companies…
Binance CEO Expresses Concern About Executive Gambaryan’s ‘Deteriorating Health’ While Detained in Nigeria
Richard Teng, the CEO of cryptocurrency trading firm Binance, has voiced serious concerns over the welfare of Tigran Gambaryan, a…