Business

The Dangote Refinery, a 650,000 barrels-per-day (bpd) facility in Lagos, Nigeria, has been described as a “world miracle” by Masahiro Tsuno, Managing Director of Limited, during a recent visit by…

A storm is brewing over Nigeria’s oil sector as the Conference of Progressive Nigerians (CPN) has issued a stern warning to the Nigerian National Petroleum Company Limited (NNPCL), cautioning against…

The Nigerian currency continued its downward trend, falling to ₦1,585 per dollar in the parallel market on Wednesday from ₦1,565 per dollar recorded on Tuesday. This decline marks another setback…

The cryptocurrency space is buzzing with excitement, and meme coins are no longer just a joke they’re quickly becoming serious investments. As the market evolves, presales are gaining massive attention,…

The Nigerian naira showed a glimmer of resilience on Wednesday, January 22, 2025, as it recorded modest gains against the US dollar in both the official and parallel markets. This…

Nigeria’s foreign exchange (FX) reserves have surged by $591.78 million. This significant rise follows the country’s successful Eurobond auction just one month ago. The increase brings much-needed stability to Nigeria’s…

In a groundbreaking development that is set to transform Nigeria’s energy landscape, the Federal Government has confirmed the full restoration of the Port-Harcourt and Warri refineries, a move that is…

By Elizabeth Adegbesan Food inflation in Nigeria is on the brink of surpassing 40%, as the latest report from the National Bureau of Statistics (NBS) indicates a continued rise in…

Introduction As the festive season approaches, Nigerians can breathe a sigh of relief with Dangote Petroleum Refinery’s latest announcement. In a remarkable move to ease transport costs during the Christmas…

The federal government has committed a substantial N231.73 billion to immunization and malaria vaccination in Nigeria’s 2025 budget. This move marks a critical step in strengthening the nation’s healthcare system…