Business

The rhythm of Nigeria's business world
NNPC has repaid 60% of the $1.03 billion loan for its stake in Dangote Petroleum Refinery, amounting to $625 million. The stake has been reduced...
Allegations of misconduct against Central Bank of Nigeria Governor Olayemi Cardoso and his deputies have surfaced, accusing them of misusing...
Chinese investors have seized two guest houses linked to the Nigerian government in Liverpool, UK, to recover a $70 million arbitration award. The...
The Naira dropped N27.58 against the dollar in just two days, reaching N1,592.06 at the official market. In the black market, it fell to N1,615...
Fuel scarcity worsens in Nigeria as IPMAN reveals NNPC hasn't supplied petroleum products for three years. Marketers now depend on private depots...
The National Bureau of Statistics reports a 55.66% year-on-year increase in the price of a 12.5kg cooking gas cylinder, averaging N14,261.57 in...
The Nigerian government has raised the contribution of aviation agencies to the Treasury Single Account from 40% to 50%, causing unrest among...
The Nigerian National Petroleum Company (NNPC) claims to sell petrol at half its landing cost, labeling the price difference as a “shortfall”...
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