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Article 'Dangote Tops Africa’s Billionaires as Rabiu, Otedola, Adenuga Make Forbes’ 2025 List'- Nigeria News
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Article 'Petrol Price Hike: Nigerians Groan as Pump Rate Hits N970 Per Litre'- Nigeria News
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Article 'FG Launches 125km Benin-Asaba Highway, Funded by Private Investors'- Nigeria News
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Article 'Nigerian Senate Questions $1B Sale of Lafarge Africa to Chinese Firm'- Nigeria News
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Lagos fuel prices have surged to N930–N970 per litre, up from N865, causing public outcry. Oil marketers attribute the hike to increased landing costs. Commuters and businesses struggle as Abuja and Ogun also report rising prices. Nigerians demand government intervention amid the ongoing NNPC...
Aliko Dangote, Abdul Samad Rabiu, Mike Adenuga, and Femi Otedola have been listed in Forbes’ 2025 Billionaires List. Dangote remains Africa’s richest man with $23.9 billion, while Adenuga, Rabiu, and Otedola also secured top positions. Africa’s billionaires saw their total wealth surpass $100...
Nigeria is set to ban solar panel imports to promote local manufacturing and expand renewable energy access. Minister Uche Nnaji emphasized the country’s capacity to produce panels domestically, with NASENI leading the charge. The government plans to develop mini-grid solutions to power...
The Federal High Court in Abuja has set May 8 for its ruling in MultiChoice Nigeria’s lawsuit against the FCCPC over a price increase on DStv and GOtv. The case questions the commission’s authority to regulate pricing, with MultiChoice arguing for market-driven rates and the FCCPC pushing for...
The Nigerian Senate debates the $1 billion sale of Lafarge Africa to China’s Huaxin Cement, raising concerns over economic sovereignty and transparency. Lawmakers urge regulatory oversight to ensure fairness, while some warn against excessive interference in private transactions. The deal’s...
NNPC Ltd is in the final stages of listing on the stock market under the Petroleum Industry Act (PIA) 2021. The company is engaging with investment partners ahead of its Initial Public Offering (IPO) to attract investors and enhance its transition into a commercially driven, profit-oriented oil...
Former U.S. President Donald Trump’s 25% tariff on imported vehicles has triggered a global backlash, with Germany and Japan warning of economic retaliation. Automakers' stocks plummeted, and trade tensions escalated as allies criticized the move. Experts warn of supply chain disruptions and...
![Today's Naira Rate [27-03-2025]: Naira Gains to N1,575/$ in Parallel Market, Official Rate Drops](/data/attachments/214/214842-60e0ff3dc917baac172aaee8ae40e657.jpg?hash=PERHMQHP25)
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Today's Naira Rate [27-03-2025]: Naira Gains to N1,575/$ in Parallel Market, Official Rate Drops
The naira appreciated to N1,575/$ in the parallel market but depreciated to N1,535/$ in the official forex market, narrowing the rate gap to N40/$. Analysts attribute fluctuations to forex reforms and market demand, urging policy measures for stability.
The Naira experienced mixed movements in...
Nigerians face another fuel price hike as the landing cost of petrol rises to ₦885/litre. With retail prices nearing ₦1,000/litre and Dangote Refinery halting naira sales, experts warn of worsening economic strain. Rising import costs and market shifts could further increase pump prices, adding...
Paystack faces legal challenges from Zap Africa, a cryptocurrency exchange, over the use of the name "Zap" for its new mobile app. Zap Africa, claiming exclusive trademark rights, plans to take legal action. Experts discuss the implications of the trademark dispute and its potential impact on...
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