Business

Power Firms Warn of Collapse as Debts Mount to N5.2tn
- By Adeyinka Arutu
- . July 22, 2025
Nigeria’s power generation companies (GenCos) have issued a dire warning, stating that their long-standing patriotism can no longer sustain operations

CBN Pumps $4.1bn Into FX Market to Defend Naira Amid Economic Worries
- By Adeyinka Arutu
- . July 17, 2025
The Central Bank of Nigeria (CBN) released $4.1 billion into the foreign exchange market in the first half of 2025

Benin and Togo Owe Nigeria Over $11 Million for Electricity
- By Adeyinka Arutu
- . July 5, 2025
Benin Republic and Togo have defaulted on over $11 million in electricity payments owed to Nigeria for power supplied in

Atiku, El-Rufai, Amaechi Float New Party Before 2027, Seek INEC Approval
- By Adeyinka Arutu
- . June 21, 2025
A new political wave is forming in Nigeria as former Vice President Atiku Abubakar, ex-Kaduna State governor Nasir El-Rufai, and

Zenith Bank Releases Q1 2025 Results
- By Adeyinka Arutu
- . May 5, 2025
Zenith Bank Plc has kicked off 2025 with a bang, announcing its unaudited results for the first quarter ending March

Dangote Refinery Reduce Pump Price To 865 per Litre
- By Adeyinka Arutu
- . April 10, 2025
Dangote Refinery brought sweet surprise in the morning, reducing petrol to ₦865 per liter a cool ₦15 less than Wednesday’s

President Tinubu Sacks NNPC CEO, Appoints Bayo Ojulari
- By Adeyinka Arutu
- . April 2, 2025
President Bola Tinubu has flipped the Nigerian National Petroleum Company Limited (NNPCL) board upside down, kicking out Chairman Chief Pius

CBN Blames Nigeria’s Inflation on Insecurity and Bad Roads
- By Adeyinka Arutu
- . April 1, 2025
The Central Bank of Nigeria (CBN) just shared a report saying the country’s high prices are because of insecurity and

Filling Stations Hoard Fuel as Dangote Dumps Naira Sales With Prices Set to Soar
- By Adeyinka Arutu
- . March 24, 2025
Filling stations across Nigeria are piling up petrol, betting on a big price hike after Dangote Refinery stopped selling fuel

President Tinubu Names Shamseldeen Ogunjimi as Accountant General Of The Federation
- By Adeyinka Arutu
- . March 5, 2025
President Bola Ahmed Tinubu has picked Shamseldeen Ogunjimi to be the new Accountant-General of the Federation. He starts work on