The federal government is expected to forfeit $10 million from a World Bank credit due to audit shortcomings, delays in […]
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Six Petrol Depots Slash Prices As Competition Heightens In Downstream SectorÂ
The price of Premium Motor Spirit (PMS), otherwise known as petrol, continues its free fall in Nigeria after six depots […]
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Babcock Varsity Expels Student For Buying N100,000 Soap From Herbalist
Babcock University, Ilishan-Remo, Ogun State, has dismissed a student, Oladipupo Siwajuola, over what it described as “gross violation of university […]
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FLASH: NNPC Announces Port Harcourt Refinery Shutdown
The Nigerian National Petroleum Company Limited (NNPC Ltd) has announced a scheduled maintenance shutdown of the Port Harcourt Refining Company […]
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FLASH: Again, Dangote Refinery Reduces Petrol Prices NationwideÂ
Dangote Petroleum Refinery has again announced a fresh reduction in the pump prices of Premium Motor Spirit (PMS), also known […]
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China To Build Electric Vehicles Factories In Nigeria, Boost Mining Ties
The Chinese Ambassador to Nigeria, Yu Dunhai, has reaffirmed China’s commitment to deepening bilateral cooperation with Nigeria, particularly in the […]
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Nigerian Palm Oil About To Get Expensive As Indonesia Increases Export LevyÂ
Indonesia, the world’s largest producer of palm oil, increased the export tax on crude palm oil (CPO) from 7.5% to […]
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Nigeria’s FX Reserves Gain $364 Million In Two Weeks, First Steady Climb Since January Peak
Nigeria’s external reserves have recorded a sustained rebound for the first time in 2025, rising by $364 million between April […]
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BUA To Crash Rice Prices, Sends Warning To HoardersÂ
The Chairman of BUA Group, Abdul Samad Rabiu, has pledged to further lower the prices of rice and other food […]
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FG Disagrees As World Bank Says 2025 Budget ‘Ambitious’
The World Bank, yesterday, described the Budget 2025 key assumptions of 2.1 million barrels per day oil production and $73 […]
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