The Nigerian naira closed the week weaker at ₦1,455.50 per US dollar in the official foreign…
Category: Business
CBN Issues One-Month Ultimatum on PoS Transactions: Will Dual Connectivity Finally End Payment Failures?
The Central Bank of Nigeria (CBN) has ordered all acquirers, processors, and payment terminal service providers…
Nigeria’s Q3 2025 Merchandise Trade Soars to ₦38.9 Trillion Amid Export Gains
Nigeria’s merchandise trade surged to ₦38.9 trillion in the third quarter of 2025, signaling sustained growth…
Dangote Refinery Reduces Petrol Price to N699/Litre Ahead of Festive Season
In a major development for Nigeria’s downstream sector, the Dangote Petroleum Refinery has officially slashed the…
Nigeria Boosts Oil Output to 1.436m bpd — But Can It Meet Its OPEC Quota?
Nigeria’s crude oil production rose to about 1.436 million barrels per day (bpd) in November 2025,…
EFCC Warns OPay: Is Nigeria’s Fast-Growing Fintech Heading for a Major Compliance Shake-Up?
The Economic and Financial Crimes Commission (EFCC) has called on mobile money giant OPay to strengthen…
Jigawa, El‑Meena Farms Launch $540M Alfalfa Export Project with Saudi Partner
The Jigawa State Government and El‑Meena Farms Ltd have launched a $540 million alfalfa export initiative…
Lagos in Talks With Investor for Second Private Refinery
The Lagos State Government has confirmed it is holding talks with a new investor to establish…
Dangote Reveals Stunning Backstory: How the Ooni of Ife Cleared 19 Shrines to Make His Refinery Possible
Aliko Dangote has publicly expressed deep gratitude to the Ooni of Ife, recounting an extraordinary intervention…
FG Launches Nigeria’s First Online Gas Trading and Settlement Platform
The administration of President Bola Ahmed Tinubu has launched Nigeria’s first-ever online gas trading, clearing, and…