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Business
279m Frontier Fund: Adedeji calls fraud report ‘sponsored fake news’
The Executive Chairman of the Nigeria Revenue Service (NRS), Zacch Adedeji, has dismissed online reports linking the NRS to an…
Dangote Refinery attracts $2.5bn in new equity funding
Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has raised approximately US$2.5 billion through a private equity placement, in what is…
NDIC begins payment to depositors of 46 defunct microfinance banks
The Nigeria Deposit Insurance Corporation (NDIC) has commenced the payment of insured deposits to customers of the 46 microfinance banks…
19 states, FCT record inflation above 30% despite national decline
Despite a marginal decline in Nigeria’s headline inflation rate in June 2026, 19 states and the Federal Capital Territory (FCT)…
Oyedele dismisses ₦80trn borrowing claim, explains rise in Nigeria’s debt
Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, on Monday dismissed claims that the Bola Tinubu administration…
IPMAN kicks against issuing licences for petroleum products import
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has kicked against the issuing of licences to some companies for the…
Dangote refinery ramps up to 700,000 barrels per day, strengthening Africa’s energy landscape
Dangote Petroleum Refinery & Petrochemicals has increased its crude oil processing capacity to 700,000 barrels per day (bpd) in a…
NCC rallies stakeholder support to protect telecom infrastructure
The Nigerian Communications Commission (NCC) has reiterated its commitment to the full operationalisation of President Bola Ahmed Tinubu’s Executive Order…
NNPCL: Ojulari takes over from Kyari
The new Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bayo Ojulari, has officially taken…
Tinubu removes Mele Kyari as NNPC Ltd’s CEO, appoints Bashir Ojulari as replacement
President Bola Ahmed Tinubu has okayed a sweeping reconstitution of the Nigerian National Petroleum Company (NNPC) Limited board, removing the…