Cooking Gas Price Falls to ₦20,609 in July — NBS
|By Adejumo Adekunle The average retail price of Liquefied Petroleum Gas (LPG), popularly known as cooking gas, declined in July 2025, according to fresh data from the National Bureau of…
Dangote Declares He Built His Fortune From Scratch, Not Inheritance
|By Adejumo Adekunle Africa’s richest man, Aliko Dangote, has clarified that his vast fortune was not inherited but painstakingly built from scratch. In a Bloomberg interview that resurfaced online on…
FG Threatens to Cut Off Power Firms from National Grid Over Rule Breach
|By Adejumo Adekunle The Federal Government has warned power generation companies (GenCos) that they risk disconnection from the national grid if they continue to flout free government control (FGC) directives.…
US Slams $80 Duty on Shipments from Nigeria, NIPOST Confirms
|By Adejumo Adekunle The Nigerian Postal Service (NIPOST) has announced that the United States government has imposed a new $80 (N123,000) fee on shipments entering America from Nigeria and other…
MAN Backs Tinubu’s Economic Reforms Despite Harsh Realities
|By Adejumo Adekunle The Manufacturers Association of Nigeria (MAN) has thrown its weight behind President Bola Tinubu’s economic reforms, describing them as tough but necessary steps to reposition the country’s…
CBN Governor: Diaspora Remittances Triple to $600m Monthly, Naira Gains Strength
|By Adejumo Adekunle Nigeria’s diaspora remittances have surged from $200 million to $600 million monthly, according to Central Bank Governor Olayemi Cardoso. Cardoso revealed the figures on Thursday at the…
Naira Edges Up Against Dollar After Two-Day Decline
|By Adejumo Adekunle The naira staged a mild recovery against the United States dollar at the official foreign exchange market on Wednesday, halting two straight days of depreciation. According to…
Nigerian Stocks Lose N324bn as 40 Firms Drag Market Down
|By Adejumo Adekunle The Nigerian Exchange (NGX) shed N324 billion on Wednesday as heavy selloffs in 40 companies dragged the market into negative territory for the first time this week.…
Nigeria Reaffirms One-China Principle, Seeks Stronger Economic Ties with Guangxi Province
|By Adejumo Adekunle The Nigerian government has reiterated its commitment to the One-China principle while pushing for deeper economic cooperation with China, particularly in manufacturing and agriculture. Director General of…
NRC Boss Takes Full Responsibility for Abuja-Kaduna Train Derailment
|By Adejumo Adekunle The Managing Director of the Nigerian Railway Corporation (NRC), Kayode Opeifa, has accepted full responsibility for the derailment of an Abuja-Kaduna passenger train on Tuesday. Opeifa made…
