Dangote to open refinery shares to Nigerians within five months
Aliko Dangote, President and Chief Executive Officer of the Dangote Group, has announced that Nigerians will be able to purchase shares directly in the Dangote Refinery within the next four…
USSD crisis ends as banks clear ₦300bn debt to telcos
Commercial banks and telecommunications operators have finally resolved their prolonged dispute over unpaid Unstructured Supplementary Service Data (USSD) charges, with nearly N300 billion in accumulated debt now fully settled. The…
‘An aberration’: PENGASSAN urges Tinubu to withdraw oil revenue executive order
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called on President to rescind the recent executive order directing the direct remittance of oil and gas revenues…
Senate challenges Tinubu’s economic team over low capital releases
The Senate on Thursday took the Federal Government’s economic team to task over what it described as persistent poor budget implementation, particularly the inadequate release of capital funds to ministries,…
Nigeria’s FX reserves hit $48.5bn, highest level since 2013
Nigeria’s foreign exchange (FX) reserves have climbed to $48.5 billion, marking the highest level recorded in nearly 13 years. Data obtained from the Central Bank of Nigeria (CBN) show that…
Breaking: Tinubu orders direct remittance of oil, gas revenues to federation account
President Bola Tinubu has signed an Executive Order mandating the direct remittance of oil and gas revenues to the Federation Account, in a move aimed at boosting national revenue, curbing…
Dangote forecasts stronger naira, sees ₦1,100/$ in 2026
Aliko Dangote, chairman of Dangote Group, has projected that the naira could appreciate to about ₦1,100 to the dollar in 2026, citing the impact of recent economic policies and a…
Tinubu: Dangote Cement paid ₦900bn taxes in 2025 as FG unveils industrial policy
President Bola Tinubu has disclosed that Dangote Cement paid about N900 billion in taxes in 2025, underscoring the Federal Government’s pride in Nigeria’s manufacturing sector.The President made the remarks at…
Customs reaffirms CBN control of FX rates used for valuation
The Nigeria Customs Service (NCS) has clarified that it does not set or manipulate foreign exchange rates used for Customs valuation, stressing that all rates applied in import and export…
X back online after brief global outage, cause still unknown
X, formerly known as Twitter, has been restored after suffering a global outage that lasted for about an hour on Monday. Users across several countries, including the United States, the…