Report: NNPC boss Ojulari faces sack over deals with opposition-linked money laundering scandal
The tenure of Bashir Bayo Ojulari as Group Chief Executive Officer (GCEO) of the Nigerian National Petroleum Company (NNPC) Limited may be nearing an unceremonious end, TheCable has learnt. Despite…
Port Harcourt Refinery not for sale—NNPC clarifies
The Nigerian National Petroleum Company (NNPC) Ltd has ruled out sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-graded rehabilitation and retention of the plant. The…
Coca-Cola divests Chivita, Hollandia to UAC Nigeria in landmark FMCG deal
In a major move set to reshape Nigeria’s fast-moving consumer goods (FMCG) landscape, The Coca-Cola Company has announced the sale of CHI Limited—owners of the Chivita and Hollandia brands—to UAC…
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…
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