The Organisation of the Petroleum Exporting Countries (OPEC) has recognized the transformative impact of Nigeria’s Dangote Petroleum Refinery on the global Premium Motor Spirit (PMS) […]
Category: Economy
Economy
Ex-Kaduna Governor’s Adviser, Others Face ICPC Charges for Alleged Fraud, Money Laundering
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has charged Olajimi Lawal, a former Special Adviser/Counsellor to ex-Kaduna State Governor Mallam Nasir El-Rufai, […]
CBN Fines Nine Banks N1.35bn for Cash Disruption During Festive Season
The Central Bank of Nigeria (CBN) has imposed fines totaling N1.35bn on nine Deposit Money Banks for failing to ensure cash availability via Automated Teller […]
Sanwo-Olu Signs Record N3.36 Trillion Lagos 2025 Budget into Law
Lagos State Governor Babajide Sanwo-Olu has signed the state’s N3.366 trillion 2025 Appropriation Bill, dubbed the “Budget of Sustainability,” into law. The budget represents a […]
EFCC Dismisses 27 Officers Over Misconduct, Investigates $400,000 Allegation
The Economic and Financial Crimes Commission (EFCC) announced the dismissal of 27 officers in 2024 for misconduct and fraudulent activities, as part of its commitment […]
Tetracore Energy Partners with Dangote Cement to Drive CNG Adoption in Logistics Operations
In alignment with President Bola Tinubu’s Presidential CNG Initiative (Pi-CNG), Tetracore Energy has entered a strategic partnership with Dangote Cement, a subsidiary of the […]
MDAs Begin 2025 Budget Defence as National Assembly Targets January Passage
Ministries, Departments, and Agencies (MDAs) will commence the defence of their 2025 budget allocations today before joint committees of the Senate and House of Representatives. […]
Nigerian Telcos Seek 100% Tariff Hike Amid Rising Operational Costs
Nigerian telecommunications operators have proposed a 100% increase in service tariffs to address surging operational costs. The proposal, submitted to the Nigerian Communications Commission (NCC), […]
Obasanjo Reveals NNPC Once Rejected Dangote’s $750m Refinery Management Offer
Former President Olusegun Obasanjo has disclosed that the Nigerian National Petroleum Corporation (NNPC) declined a $750 million offer from billionaire businessman Aliko Dangote in 2007 […]
Senator Fadahunsi Advocates Local Rice Cultivation to Boost Naira, Alleviate Economic Hardship
The senator representing Osun East, Adenigba Fadahunsi, has called on the federal and state governments to prioritise large-scale rice cultivation as a strategic move to […]