Nigeria’s economy is entering a phase of “renewed stability and accelerating momentum,” Finance Minister and Coordinating…
Category: Business
Tax Reforms to Abolish 39 Telecom Levies, Boost Nigeria’s Digital Economy
Nigeria’s telecommunications sector is set for a major financial relief as new tax reforms will abolish…
NGX: Investors Lose ₦121bn as Bearish Sentiment Persists
The Nigerian Exchange (NGX) closed negative on Wednesday, with investors losing ₦121 billion amid sustained bearish…
Adebayo Ogunlesi’s Net Worth Jumps to $2.5 Billion
Nigerian-born billionaire Adebayo Ogunlesi has seen his net worth surge to $2.5 billion following an $800…
President Tinubu and Minister Wale Edun Refine 2025 Capital Budget to Boost Growth
The Federal Government, under President Bola Ahmed Tinubu, has refined the implementation of the 2025 capital…
FG Bans Contract Awards Without Finance Ministry Approval
The Federal Government has announced a new directive prohibiting any Ministry, Department, or Agency (MDA) from…
Nigeria’s Petrol Import Reliance Surges to 69% in June, NMDPRA Data Shows
Nigeria imported more than two-thirds of the petrol consumed nationwide in June 2025, underscoring the country’s…
Dangote Refinery Cuts Petrol Price to ₦820/Litre, to Deploy 4,000 CNG Trucks Nationwide August 15
The Dangote Refinery has reduced the ex-depot price of Premium Motor Spirit (PMS), commonly called petrol,…
Dangote Refinery Cuts Ex-Depot Petrol Price to ₦820/Litre, Effective August 12
The Dangote Petroleum Refinery has announced a significant reduction in the ex-depot price of Premium Motor…
Seplat, Renaissance, Oando and Chevron Launch New Drilling Projects to Boost Nigeria’s Oil Output
Leading oil firms Seplat Energy, Renaissance Africa Energy, Oando, and Chevron have announced plans to undertake…