The ongoing trade dispute between Nigeria and the United States has taken a new turn, with the US government accusing Nigeria of continuously delaying import […]
Category: Business
Business
Gold Hits Record $3,500 an Ounce Amid Trump’s Tariffs and Fed Criticism
Gold surged to a historic high of $3,500.10 per ounce on Tuesday, driven by escalating trade tensions sparked by US President Donald Trump’s tariffs and […]
House of Representatives to Investigate Terminal Operators Over Delays in Goods Clearance at Apapa Port
The House of Representatives Committee on Customs and Excise has announced plans to investigate the activities of terminal operators at the Apapa port, due to […]
Four Oil Companies Remit Additional $14.2 Million to Federation Account Amid Ongoing Investigations
Four oil companies operating in Nigeria have remitted an additional $14.2 million into the Federation Account as part of an ongoing investigation by the House […]
Bitcoin and Cryptocurrencies Slide Amid US Economic Concerns
Bitcoin and other major cryptocurrencies faced significant losses on Tuesday, with Bitcoin dipping by 3.2% to $79,937, after hitting a low of $76,624. Ethereum also […]
Dangote Refinery to Refund Customers for Overcharged Fuel Purchases Following Price Reduction
Dangote Petroleum Refinery has announced its plans to refund customers who purchased Premium Motor Spirit (PMS), commonly known as fuel, at the previous rate of […]
Dangote Refinery to Refund Customers Over Excess Petrol Charges, Slashes PMS Price to N825/Litre
The Dangote Petroleum Refinery has announced a refund initiative for customers who purchased Premium Motor Spirit (PMS) at rates higher than its advertised prices from […]
NNPC Shuts Down Warri Refinery for Routine Maintenance, Denies Explosion Reports
Barely a month after announcing the commencement of operations at the 125,000 barrels-per-day (bpd) Warri Refinery, the Nigerian National Petroleum Company Limited (NNPCL) has confirmed […]
Poultry Association Predicts Drop in Egg Prices Amid Lagos State Feed Subsidy
The Poultry Association of Nigeria (PAN), Lagos State chapter, has projected a reduction in egg prices, citing the state’s feed subsidy program as a key […]
CBN Pursues Policies to Position Nigeria’s Banking Sector for a ₦1 Trillion Economy
The Central Bank of Nigeria (CBN) is implementing policies aimed at strengthening the banking sector and positioning the economy for a ₦1 trillion transformation, according […]