Dangote Refinery Raises Petrol Price by N75 to N1,350 per Litre
|By Babatunji Wusu Dangote Refinery has increased the ex-depot price of petrol by N75, pushing the cost to N1,350 per litre, up from N1,275. The latest hike marks the refinery’s…
Nigerian Stocks Rebound as Investors Add N3.2tn in Market Rally
|By Babatunji Wusu The Nigerian stock market rebounded sharply on a bullish run, with investors adding N3.205 trillion to their portfolios after the previous session’s downturn. Market capitalisation rose to…
CBN Hikes ATM Card Fees by 50%, Scraps Maintenance Charges in Sweeping Banking Reform
|By Babatunji Wusu The Central Bank of Nigeria (CBN) has raised the cost of issuing and replacing ATM cards by 50 per cent, increasing the fee from ₦1,000 to ₦1,500,…
Naira Slides Sharply as Dollar Surges Across Official, Black Markets
|By Babatunji Wusu Nigeria’s currency came under renewed pressure on Monday, as the Naira slumped further against the United States dollar, deepening concerns over the country’s foreign exchange stability. Data…
Aviation Sector Buckles Under Fuel Costs as Nwuba Warns of Imminent Crisis
|By Babatunji Wusu The President of the Aircraft Owners and Pilots Association, Alex Nwuba, has sounded a strong warning over Nigeria’s aviation sector, declaring that soaring global fuel prices—not local…
CAC Confirms Cyber Breach, Scrambles to Contain Unauthorized Access to Companies’ Data
|By Adejumo Adekunle The Corporate Affairs Commission (CAC) has confirmed a cybersecurity breach, revealing that unauthorized actors gained access to parts of its database, potentially impacting millions of registered companies…
IMF Eyes $50bn Support Package for Nigeria, Others Amid Middle East Crisis
Urges prudent use of oil windfall to strengthen economies By Rejoice Peterside The International Monetary Fund has indicated plans to provide up to $50 billion in financial support to…
Oil Prices Soar as Trump Threatens Hormuz Blockade, Fuel Hike Fears Grip Nigeria
|By Babatunji Wusu Global oil markets jolted on Monday as crude prices surged sharply following a blockade threat by U.S. President Donald Trump targeting the strategic Strait of Hormuz. Data…
Finance Minister Admits Errors in Nigeria’s Tax Reform Laws, Promises Urgent Fix
|By Babatunji Wusu Nigeria’s Minister of State for Finance, Taiwo Oyedele, has admitted that the country’s newly implemented tax reform laws contain errors, sparking renewed scrutiny over the legislative process…
FG Slashes Import Tariffs, Unleashes Sweeping Fiscal Reforms to Boost Economy
|By Babatunji Wusu The Federal Government has rolled out sweeping fiscal reforms, slashing import tariffs across key sectors in a bold move aimed at stimulating economic growth and easing the…
