Business

Nigerians Face Nearly N1tn Extra Burden as Tinubu Approves 15% Tariff on Petrol Imports

Nigerians are bracing for another wave of economic strain as the Federal Government introduces a 15 per cent import tariff on Premium Motor Spirit (petrol), a policy projected to add…

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Oyo PDP Seeks Security Probe of Ex-Governor’s Wife Over “War” Remarks

The Oyo State chapter of the Peoples Democratic Party has called on security agencies to…

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Churches Lack Capacity to Detect Fake Anointing Oil, Clerics Tell Regulators

A coalition of senior clergy has called for stronger regulatory oversight of anointing oils, acknowledging…

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UFC Fighter Themba Gorimbo Cuts Ties with Family, Disavows Zimbabwean Identity

Zimbabwe-born UFC fighter Themba Gorimbo, the first from his country to win a fight in…

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UK PM, European Leaders Condemn Trump’s Remarks on NATO Afghanistan Sacrifices

U.K. Prime Minister Keir Starmer has denounced U.S. President Donald Trump’s recent comments dismissing the…

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NNPP Denounces Kano Governor’s Resignation as “Betrayal of Mandate

The New Nigeria Peoples Party (NNPP) has condemned the resignation of Kano State Governor Abba…

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University of Ibadan Reclaims Top Spot in Global Rankings

The University of Ibadan has been ranked Nigeria’s leading higher institution in the latest Times…

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Just for You

“New Tax Law Targets Nigeria’s Richest, Protects the Poor” – Policy Expert

A leading policy expert has moved decisively to quell widespread public anxiety, declaring Nigeria's forthcoming…

Prophet Sam Olu-Alo Urges Unity as Key to Nigeria’s Prosperity in New Year

In a departure from his annual tradition, the Planter of Christ Apostolic Church (CAC), Adamimogo…

NLC Threatens Revolt Over New Tax Laws, Citing Lack of Consultation

The Nigeria Labour Congress has issued a strong warning against the planned implementation of the…

Trump Announces U.S. Military Strikes Against ISIS in Northwest Nigeria

American forces have conducted a “powerful and deadly” strikes against Islamic State (ISIS) militants in…

Lasted Business

Dangote Refinery can survive without local patronage – Official

The Vice President of Oil and Gas at Dangote Industries Limited, Devakumar Edwin, has insisted that the refinery can survive…

Anxiety as pump price of petrol races towards N1,405/litre

Nigeria’s downstream petroleum industry may have gone into a frenzy, following clear indications that the Federal Government may no longer…

Why fuel importers will frustrate Dangote – Obasanjo

Former President Olusegun Obasanjo has said that those benefiting from the lucrative business of fuel importation are going to make…

Vehicle importation falls 60.8% in H1’24

The number of vehicles imported into the country fell sharply by 60.4 per cent, year-on-year, YoY, to 10,991 in the…

Dangote/NNPC rift: Nigeria’s petrol import from Malta jumps 43 times to $2.08bn

Nigeria’s importation of petroleum from Malta has skyrocketed to 43 folds, amounting to $2.08 billion in 2023. A report by…

Dangote, local refineries to end fuel importation

Owners of local refineries in Nigeria, including the Dangote Petroleum Refinery, say they can help the country stop the importation…

Netflix raises subscription by 40% for Nigerian users

Video streaming platform, Netflix, has once again increased its subscription prices in Nigeria with its Premium Plan going up by…

Nissan shares plunge after profit warning

Nissan tumbled more than 10 percent on Thursday after the Japanese automaker issued a profit warning, citing “intense sales competition”,…

NACCIMA, others kick as CBN hikes interest rate to 26.75%

The Central Bank of Nigeria, CBN yesterday intensified its efforts to curb rising inflation as it announced further hike in its…

First Bank/Visa promo to reward 520 cardholders

First Bank has unveiled its continuous Visa Cross Border and Summer campaign in partnership with Visa. The campaign, which commenced…