Business
Nigeria Consumes 613m Litres of Petrol in One Year as Dangote Refinery Boosts Local Output
- By Adeyinka Arutu
- . October 21, 2025
Nigerians consumed about 613.62 million litres of petrol between October 2024 and October 10, 2025, despite rising local refining activities,
Customs Boss Calls for Massive Investment to Turn Border Communities Into Hubs of Opportunity
- By Adeyinka Arutu
- . October 18, 2025
The Comptroller-General of Customs, Bashir Adewale Adeniyi, has urged the government to rethink its approach to border management, calling for
IMF Excludes Nigeria from Africa’s Fastest-Growing Economies
- By Adeyinka Arutu
- . October 17, 2025
The International Monetary Fund (IMF) has revealed that Nigeria is not among Africa’s fastest-growing economies, naming Benin Republic, Côte d’Ivoire,
Naira Slides for Third Straight Day, Closes at ₦1,473/$ Despite CBN Optimism
- By Adeyinka Arutu
- . October 16, 2025
The naira weakened for the third consecutive day on Wednesday, closing at ₦1,473.29 per dollar in the official Nigerian Foreign
Petrol Hits ₦1,000 per Litre as Marketers Plan Independent Imports
- By Adeyinka Arutu
- . October 15, 2025
Petrol prices across Nigeria have surged to nearly ₦1,000 per litre, as supply shortages and production issues at the Dangote
PENGASSAN Fires Back at Shettima, Says ‘Nigeria Is Bigger Than Dangote Too’
- By Adeyinka Arutu
- . October 7, 2025
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has hit back at Vice President Kashim Shettima over
States Pile Up N458bn Loans Despite Higher Federal Allocations
- By Adeyinka Arutu
- . September 27, 2025
At least 20 states borrowed a combined N458bn in the first half of 2025, even though federal allocations to them
University Press Bounces Back, Posts ₦450m Profit After Losses
- By Adeyinka Arutu
- . September 22, 2025
University Press Plc has made a strong comeback, posting a profit of ₦450.6m in the 2024/2025 financial year after recording
FG Halts Controversial 4% Customs Levy After Backlash
- By Adeyinka Arutu
- . September 16, 2025
The Federal Government has suspended the planned four per cent Free on Board levy on imported goods, following widespread outcry
NUPENG Suspends Strike After Dangote Refinery Agrees to Unionisation
- By Adeyinka Arutu
- . September 11, 2025
The Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) has called off its two-day strike after reaching an agreement