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NBC's Settlement with FCCPC Rejected; Tribunal Enforces Penalty
Nigeria NBC's Settlement with FCCPC Rejected; Tribunal Enforces Penalty
Nigeria News
1 min read
The Competition and Consumer Protection Tribunal in Abuja has rejected a proposed settlement between the Nigerian Bottling Company and the FCCPC...
NNPCL Under Fire: How the $897M Warri Refinery Flop Could Impact Fuel Prices Nationwide
Nigeria NNPCL Under Fire: How the $897M Warri Refinery Flop Could Impact Fuel Prices Nationwide
Nigeria News
1 min read
NNPCL's $897 million attempt to revitalise the Warri Refinery has hit a significant roadblock, drawing heavy criticism. The failure of this...
Petrol Price Reduction Brings Relief to Families Struggling with Cooking Gas Bills
Nigeria Petrol Price Reduction Brings Relief to Families Struggling with Cooking Gas Bills
Nigeria News
1 min read
The recent reduction in petrol prices in Nigeria has led to a drop in cooking gas costs, offering relief to consumers. The Independent Petroleum...
Today's Naira Rate [28-04-2025]: Naira Weakens Again, Official Rate Falls to ₦1,596/$
Nigeria Today's Naira Rate [28-04-2025]: Naira Weakens Again, Official Rate Falls to ₦1,596/$
Nigeria News
1 min read
The naira has weakened again at the official market, closing at ₦1,596.1/$ on Friday. With growing pressure on the currency, many fear tougher...
NNPC Strengthens Gas Distribution with Axxela CNG Facility Acquisition
Nigeria NNPC Strengthens Gas Distribution with Axxela CNG Facility Acquisition
Nigeria News
1 min read
The Nigerian National Petroleum Corporation (NNPC) is set to acquire a compressed natural gas (CNG) facility from Axxela’s subsidiary, marking a...
Heritage Bank & NDIC Begin N46.6bn Payout to Skye Bank Creditors
Nigeria Heritage Bank & NDIC Begin N46.6bn Payout to Skye Bank Creditors
Nigeria News
1 min read
Heritage Bank and NDIC are rolling out a N46.6bn payout to top depositors of Skye Bank. This payout is a key part of the resolution process...
From Billions to Thousands: Nigeria’s Oil Savings Now Almost Empty
Nigeria From Billions to Thousands: Nigeria’s Oil Savings Now Almost Empty
Nigeria News
1 min read
Nigeria’s once-robust Excess Crude Account (ECA) has dropped dramatically to just $473,754, raising fresh questions about government savings...
Nigerian Court Imposes Massive $220 Million Fine on Meta for Data Violations
Nigeria Nigerian Court Imposes Massive $220 Million Fine on Meta for Data Violations
Nigeria News
1 min read
A Nigerian tribunal has upheld the$220 million fine issued to Meta by the Federal Competition and Consumer Protection Commission (FCCPC), marking...
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