MRS Petrol Price Drops to N739 After Dangote Cut
MRS filling stations in Lagos slash petrol price to N739 per litre following Dangote Refinery's gantry price reduction, sparking motorist relief and a fierce industry debate over market stability.
Category : Business
Man Pays N200k for Air Peace Flight, Criticises Service
A Nigerian man, Sammie, shares his experience flying Air Peace for N200,000. He criticises being served water in a plastic cup and an all-white crew on the one-hour flight. Read his full story and public reactions.
Bitcoin Self-Custody Service Launches in Nigeria
Stealth Money introduces Africa's pioneering Bitcoin self-custody platform in Nigeria, offering secure hardware wallet delivery in Naira. Take control of your digital assets today.
Plane Somersaults at Owerri Airport, 4 Injured
A Skypower Express Cessna 172 somersaulted at Sam Mbakwe Airport in Owerri. The NSIB confirms four occupants were hospitalised. Details on the emergency diversion emerge.
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Nigeria's oil rigs stuck at 41 amid OPEC expansion
Nigeria's oil rig count remained flat at 41 in November, unchanged from 2024, while OPEC nations boosted activity by 7%. Discover the structural challenges holding back Africa's top producer.
ISPs Seek Policy Help for Underserved Areas
Internet providers urge government intervention to expand services to unserved regions. High costs and infrastructure vandalism threaten growth despite rising demand for broadband.
NSC Chief: Nigeria Must Remove Barriers to Regional Trade
NSC CEO Pius Akutah urges Nigeria to become a maritime hub, detailing reforms in ports, dry ports, transit parks & dispute resolution saving billions. A must-read for business.
UNCTAD: 2025 Global Trade to Surpass $35 Trillion
UNCTAD projects global trade will exceed $35 trillion in 2025, driven by emerging markets. However, growth is expected to slow in 2026. Read the full analysis.
Industry Leaders Demand Urgent Cybersecurity Framework for Maritime
Maritime experts warn of rising AI-driven cyberattacks on Nigeria's ports and vessels. Stakeholders push for a national cybersecurity framework to protect trade and national security. Read the full report.
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ACCI Urges FG to Prioritise Security for Business Survival
The Abuja Chamber of Commerce warns that insecurity is crippling businesses. President Emeka Obegolu calls for urgent action on ranching and illegal mining to stimulate economic growth.
Nigeria risks missing blue-economy boom, NSE warns
Nigerian engineers warn policy gaps and outdated tech threaten Nigeria's share of the multi-trillion dollar blue economy. Urgent action needed to harness ocean wealth.
NLC: Nigerian Workers' Crisis Worse Than Civil War
The Nigeria Labour Congress warns that financial insecurity is crippling workers, with real wages declining. Urgent government action is needed to stabilise the economy and protect incomes.
TotalEnergies Unveils TEMC+ for Enhanced Mobility Payments
TotalEnergies Marketing Nigeria Plc has launched the TEMC+ card, a tech-driven platform for secure payments and real-time fleet management. Nationwide migration ends Dec 31, 2025.
Asian Markets Drift, Oil Up on Venezuela Blockade
Asian equities showed mixed performance as US jobs data failed to boost rate cut expectations. Oil prices surged over 1% after Trump ordered a blockade of Venezuelan tankers. Get the latest market analysis.
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LCCI Calls for Tax Harmonisation and Transparency
LCCI President Leye Kupoluyi urges clarity and an end to multiple taxation as Nigeria's new tax law approaches. He warns against punitive levies that stifle business growth. Read more.
Zenith Bank Wins Tech Trailblazer Award at Nexus 2025
Zenith Bank has been honoured with the Technology Trailblazer Award at the Qore Nexus 2025 event. The award recognises the bank's innovative use of next-generation tech to enhance digital banking in Nigeria. Discover how they are shaping the future of fin
Awele Elumelu to Chair Transcorp Hotels Board
Transcorp Hotels Plc appoints Dr Awele Vivien Elumelu as its new Board Chair effective January 1, 2026. Discover her vision for innovation and growth in Nigeria's hospitality sector.
N37.59tr Maritime Trade Renews Call for Local Shipping
Nigeria's massive N37.59 trillion sea trade in Q3 2025 highlights a critical need for a strong indigenous shipping industry. Experts warn of billions in annual losses and urge action on the dormant Cabotage Fund to reclaim maritime wealth.
Gas Issues, N6tr Debt Cripple Nigeria's Power Generation
Nigeria's electricity supply plummets due to gas constraints and a massive N6 trillion debt owed to power generation companies. Find out why the grid remains unstable.
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IBPlc Unveils New Budweiser Royale Beer in Lagos
International Breweries Plc (IBPlc) has launched its new flagship beer, Budweiser Royale, in Nigeria. The event in Lagos featured top executives and a campaign promoting confidence and achievement. Discover the brand's vision.
NUPRC: Making Oil & Gas Work for Nigerians
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is leading a historic shift towards transparency and accountability in the oil sector, turning a 'resource curse' into a national blessing. Discover how this reform benefits citizens.
Cessna 172 Crashes at Owerri Airport, No Fatalities
A Skypower Express Cessna 172 crashed at Sam Mbakwe Airport, Owerri. All four onboard survived. NSIB has launched an investigation into the incident. Read the latest details.
FG Issues N1.23tr Bond to Settle Power GENCO Debt
The Federal Government plans a N1.23 trillion bond to clear debts owed to power generation companies and restore liquidity in the electricity market. Read more.
Pfizer Shares Fall on Weak 2026 Profit Outlook
Pfizer shares tumbled after the drugmaker projected flat revenues and lower profits for 2026, citing declining Covid-19 sales and heavy investment in new products like weight-loss drugs.
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Nigeria Wins $285m Award Against TotalEnergies
A tribunal orders TotalEnergies to pay $285.2m to NNPC, closing a decade-long oil dispute. This landmark ruling redefines corporate accountability and contract enforcement in Nigeria's energy sector. Read the full analysis.
Ondo Communities Decry Forestry Firm's Neglect of CSR
Communities in Ondo State's Okitipupa and Odigbo LGAs accuse Rex Forestry Ltd of ignoring CSR commitments and local hiring agreements. They urge Governor Aiyedatiwa to intervene. Read the full story.
DMO to States: Comply with Fiscal Responsibility Act on Loans
The Debt Management Office has urged state governments to strictly adhere to the Fiscal Responsibility Act when borrowing. DMO DG Patience Oniha says compliance is non-negotiable for sustainable public finance. Read more.
Elon Musk Breaks Record, Worth Over $600 Billion
Elon Musk makes history as the first person to surpass a $600 billion net worth, driven by SpaceX's soaring valuation. Discover the details behind his wealth surge.
FG Plans Raw Export Ban to Strengthen Local Economy
The Federal Government pins economic hopes on a new law banning raw material exports, aiming to create jobs and value. Experts warn a weak STI ecosystem could derail the plan. Read more.
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Fidelity Bank to Restrict Accounts Without TIN/NIN in 2026
Fidelity Bank will restrict transactions for accounts not linked to a Tax ID or National Identity Number from January 1, 2026. Learn how to update your details to avoid service disruptions.
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