Amid growing fears of fuel scarcity in Lagos and other parts of Nigeria, the Dangote Petroleum Refinery has announced plans to commence the nationwide distribution […]
Category: Business
Business
Aliko Dangote to Retire as Chairman of Dangote Sugar Refinery in June 2025
Africa’s richest man, Alhaji Aliko Dangote (GCON), will step down as Chairman of the Board of Dangote Sugar Refinery Plc effective June 16, 2025, bringing […]
Ram Sellers Lament Low Patronage Ahead of Eid as Prices Soar
As Nigerians prepare for the Eid-El-Kabir celebration, ram traders across markets in Lagos and Ogun states are lamenting poor sales and low patronage, attributing the […]
Lagos Truckers Protest Extortion, Defend ETO Call-Up System Amid Growing Racketeering
A major protest erupted across Lagos ports on Wednesday as maritime truckers and fleet owners marched from the Lilypond Truck Park in Ijora to the […]
NNPC & Dangote Refinery Forge New Era of Collaboration After Price War
After months of heated rivalry and public disagreements, Nigeria’s top oil refiners—NNPC Limited and Dangote Petroleum Refinery & Petrochemicals—have agreed to put their differences behind […]
US Accuses Nigeria of Blocking US Agricultural Imports, Nigeria Customs Hits Back with Strong Rebuttal
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 […]
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 […]