Business
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Bank Accounts Linked to Mele Kyari Frozen Over Alleged ₦661 Million Fraud
A Federal High Court in Abuja, on Tuesday, 2025, ordered the temporary freezing of four bank accounts linked to former NNPCL Group Managing Director, Mele Kyari, following an ex parte application by the EFCC, which…
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Petrol Now ₦820 as Dangote Refinery Cuts Price, Launches Green Truck Fleet
In a bold move set to ease pressure on motorists and businesses, Dangote Petroleum Refinery has slashed the ex-depot price of petrol by ₦30, bringing it down from ₦850 to ₦820 per litre. The price…
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NIIRA 2025: Tinubu Signs Game-Changing Insurance Law
President Bola Tinubu has triggered the biggest shake-up in Nigeria’s insurance history by signing the Industry Reform Bill 2025 a move designed to fortify the financial sector and fast-track the nation’s push toward a $1…
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NNPC Rules Out Sale of Port Harcourt Refinery, Reaffirms Commitment to Rehabilitation
The Nigerian National Petroleum Company Limited (NNPC Ltd) has officially ruled out the sale of the Port Harcourt Refining Company, ending weeks of speculation about the fate of one of the country’s most strategic energy…
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Aliko Dangote Retires as Chairman of Dangote Cement Plc, Emmanuel Ikazoboh Appointed Successor
Africa’s richest man and founder of the Dangote Group, Aliko Dangote, has formally stepped down as the Chairman of the Board of Directors of Dangote Cement Plc. The announcement was made in an official statement…
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Massive Ponzi Meltdown: Senate Investigates ₦1.3tn Crypto Fraud
The Nigerian Senate on Wednesday initiated a far-reaching investigation into the alarming proliferation of Ponzi schemes in the country, following the catastrophic collapse of Crypto Bridge Exchange (CBEX)—a digital investment platform that allegedly defrauded Nigerians…
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FG Sets July 23–24 for High-Level Forum on Petrol Pricing, Supply Amid Widening Industry Tensions
Amid mounting concerns over fluctuating petrol prices, unpredictable supply patterns, and agitation from downstream operators, the Federal Government has fixed July 23 and 24, 2025, for a national stakeholder forum that aims to address the…
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Zenith Bank Tops Nigerian Banking Sector Again, Retains Number One Position by Tier-1 Capital for 16 Consecutive Years
Zenith Bank Plc has once again reaffirmed its dominance in Nigeria’s banking sector by maintaining its position as the Number One Bank in Nigeria by Tier-1 Capital for the 16th consecutive year. This recognition comes…
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Nigeria’s Economy Grows by 3.7% in First Half of 2025 — Stanbic IBTC Report
Nigeria’s economy recorded an estimated growth of 3.7 per cent year-on-year in the first half of 2025, driven by improved business conditions and a rise in crude oil production. This was revealed in the Stanbic…
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The Federal Government, in partnership with Nestlé Nigeria
The Federal Government, in partnership with Nestlé Nigeria, has unveiled an initiative aimed at equipping Nigerian farmers with the technical skills needed to boost milk production and improve livelihoods. The collaboration was announced on Monday…
