Business

Edo Government Approves ₦1bn Loan Scheme to Empower 54,000 Market Women

The Edo State Government has approved ₦1 billion in soft loans for market women to help grow their businesses and

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Court Dismisses Dangote’s ₦100bn Suit Against NNPCL Over Oil Import Licence Dispute

The Federal High Court in Abuja has dismissed the ₦100 billion suit filed by Dangote Petroleum Refinery and Petrochemicals FZE

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Dangote Refinery Cuts Petrol Imports by 72%

Nigeria imported about 15.01 billion litres of petrol between August 2024 and early October 2025 nearly 69 percent of total

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Nigeria Consumes 613m Litres of Petrol in One Year as Dangote Refinery Boosts Local Output

Nigerians consumed about 613.62 million litres of petrol between October 2024 and October 10, 2025, despite rising local refining activities,

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Customs Boss Calls for Massive Investment to Turn Border Communities Into Hubs of Opportunity

The Comptroller-General of Customs, Bashir Adewale Adeniyi, has urged the government to rethink its approach to border management, calling for

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IMF Excludes Nigeria from Africa’s Fastest-Growing Economies

The International Monetary Fund (IMF) has revealed that Nigeria is not among Africa’s fastest-growing economies, naming Benin Republic, Côte d’Ivoire,

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Naira Slides for Third Straight Day, Closes at ₦1,473/$ Despite CBN Optimism

The naira weakened for the third consecutive day on Wednesday, closing at ₦1,473.29 per dollar in the official Nigerian Foreign

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Petrol Hits ₦1,000 per Litre as Marketers Plan Independent Imports

Petrol prices across Nigeria have surged to nearly ₦1,000 per litre, as supply shortages and production issues at the Dangote

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PENGASSAN Fires Back at Shettima, Says ‘Nigeria Is Bigger Than Dangote Too’

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has hit back at Vice President Kashim Shettima over

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States Pile Up N458bn Loans Despite Higher Federal Allocations

At least 20 states borrowed a combined N458bn in the first half of 2025, even though federal allocations to them