Petrol prices have surged dangerously close to ₦1,000 per litre across major Nigerian cities, as marketers and consumers grapple with a worsening supply crisis blamed on depot operators and production
Deal set to boost gas supply to NLNG and Nigeria’s energy exports Shell Nigeria Exploration and Production Company Limited (SNEPCo), a subsidiary of Shell plc, and its partner, Sunlink Energies
The Federal Competition and Consumer Protection Commission (FCCPC) has expressed strong support for the Central Bank of Nigeria’s proposed guideline mandating banks to refund customers for failed Automated Teller Machine
The naira recorded further gains across official and parallel markets last week, buoyed by sustained foreign exchange inflows and improving liquidity conditions. Riding on strong dollar supply and renewed investor
New 3-million-tonne plant aims to boost jobs, local production and infrastructure growth Dangote Cement has officially launched operations at its new cement plant in Attingué, Côte d’Ivoire, a strategic move
The National Association of Nigerian Students (NANS) has warned that it will mobilize students across the country to block federal highways if what it describes as continued sabotage against local
The Federal Competition and Consumer Protection Commission (FCCPC) has withdrawn the criminal case it filed against MultiChoice Nigeria Limited and its senior executives after both parties reached an agreement to
The Central Bank of Nigeria (CBN) has rolled out a comprehensive reform for the country’s agent banking sector, setting a ₦1.2 million daily limit for PoS agents and a ₦100,000
Nigeria is negotiating with China’s Export-Import Bank for a $2 billion loan to finance the construction of a new “super grid,” a move aimed at addressing persistent power shortages and
The Nigerian National Petroleum Company Limited (NNPCL) has attributed the recent scarcity and price hike of cooking gas across the country to the strike action embarked upon by the Petroleum