Court dismisses loan fraud charges against ex-First Bank chairman
The federal high court in Lagos has struck out the 13-count charge filed against Oba Otudeko, a former chairman of First Bank of Nigeria (FBN). On Wednesday, Judge Chukwujekwu Aneke…
Tinubu sets Q1 2026 deadline for National Single Window project take-off
President Urges Speedy Implementation of Key Trade Reform Initiative President Bola Tinubu has directed that the National Single Window (NSW) project—Nigeria’s flagship trade facilitation platform—must become fully operational by the…
Enugu cuts Band A tariff to N160/kWh
The Enugu State Electricity Regulatory Commission (EERC) has approved a new tariff for MainPower Electricity Distribution Limited, which took over from Enugu Electricity Distribution Company (EEDC). The updated regulation cuts…
NNPC unveils ambitious plans for stock exchange listing by 2028
Bayo Ojulari, the group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, has announced plans for the company to be listed on the stock exchange by…
MTN, 9mobile seal landmark national roaming, spectrum deal
In a landmark move set to redefine Nigeria’s telecommunications landscape, MTN Nigeria Communications Plc and Emerging Markets Telecommunications Services Limited (9mobile) have formally announced a groundbreaking national infrastructure partnership, approved…
Dangote increases petrol prices to ₦880 per litre amid distribution efforts
Dangote Petroleum Refinery has raised its ex-depot price for premium motor spirit (petrol) to N880 per litre, marking a N55 increase from the previous rate of N825. Abubakar Shettima, national…
Tanker drivers in Lagos threaten to halt operations over e-call-up fee dispute
Tanker drivers in Lagos State are poised to cease loading petroleum products on Monday, citing the exorbitant N12,500 per truck fee for the E-Call Up system designed for the Lekki-Epe…
Jumia celebrates 13 years of e-commerce innovation, impact in Nigeria
Jumia, Africa’s leading e-commerce platform, proudly marks 13 years of transforming the shopping experience for Nigerians. Since its launch in 2012, Jumia has transcended its initial role as an online…
Dangote: Nigerians pay 55% less for petrol than neighbours
Aliko Dangote, President of the Dangote Group, emphasized the significant advantages of local petroleum refining during the visit of Omar Touray, President of the Economic Community of West African States…
Moody’s upgrades Nigeria’s credit rating: Tinubu calls it a ‘positive signal for investors’
In a major development for Nigeria's economy, Moody's Investors Service has upgraded the country's long-term foreign-currency issuer rating from Caa1 to B3, now with a Stable Outlook. This update has…
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