#Business Dangote Refinery Holds N600bn Fuel Stockpile, Vows Market Stability The President of Dangote Industries Limited (DIL), Aliko Dangote, has disclosed that his company’s petroleum refinery has over N600 billion admin / 1 year Comment (0) (147)
#Business FIRS Takes Binance to Court, Demands $79.5 Billion in Taxes and Penalties The Nigerian government, through the Federal Inland Revenue Service (FIRS), has filed a lawsuit against Binance Holdings Limited at the admin / 1 year Comment (0) (229)
#Business Nigeria’s Inflation Falls to 24.48% as New CPI Methodology Takes Effect Nigeria’s headline inflation rate fell to 24.48% year-on-year in January 2025, marking a sharp decline from the 34.80% recorded in admin / 1 year Comment (0) (184)
#Business Stakeholders Decry Customs’ New 4% Levy, NPA’s 15% Port Charge Increase Strong opposition has greeted the introduction of a new 4% administrative charge on Free-on-Board (FOB) value of imports by the admin / 1 year Comment (0) (240)
#Business NNPCL vs. Dangote Refinery: Court to Decide on Jurisdiction Dispute Justice Inyang Ekwo of the Federal High Court in Abuja has fixed 18 March for ruling on a preliminary objection admin / 1 year Comment (0) (177)
#Business CBN Tightens Oversight, Limits BDCs to $25,000 Weekly Forex The Central Bank of Nigeria (CBN) has issued new guidelines limiting Bureau de Change (BDC) operators to purchasing a maximum admin / 1 year Comment (0) (156)
#Business Tinubu Increases 2025 Budget to ₦54.2tn Amid Revenue Boost President Bola Tinubu has increased the proposed 2025 budget from ₦49.7 trillion to ₦54.2 trillion, citing additional revenues generated by admin / 1 year Comment (0) (185)
#Business FG Denies Planned 65% Electricity Tariff Hike, Pledges Fairer Pricing The Special Adviser to President Bola Tinubu on Energy, Olu Verheijen, has dismissed reports suggesting that the federal government is admin / 1 year Comment (0) (293)
#Business NCAA Suspends Max Air Over Safety Concerns After Kano Incident The Nigeria Civil Aviation Authority (NCAA) has suspended Max Air’s domestic operations for three months following an emergency landing involving admin / 1 year Comment (0) (167)
#Business CBN Faces Lawsuits as Ex-Employees Challenge Cardoso-Led Restructuring Disengaged staff of the Central Bank of Nigeria (CBN) have accused the bank’s management, led by Governor Yemi Cardoso, of admin / 1 year Comment (0) (166)