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Calls Mount for Tinubu’s Resignation Amid Escalating Insecurity
President Bola Tinubu is facing growing calls to resign as Nigeria grapples with a surge in deadly attacks and mass abductions across multiple states,...
Dangote Sugar Names Thabo Mabe as New Group CEO
Dangote Sugar Plc has appointed Thabo Mabe, a South African executive, as its new Group Managing Director and Chief Executive Officer, following the sudden...
Naira Strengthens Slightly as Nigeria’s FX Reserves Rise
Nigeria’s currency, the naira, made a marginal gain on the official foreign-exchange market on Tuesday, trading at ₦1,447.43 to the US dollar, compared with...
Naira Extends Losses Despite Easing Inflation
The naira continued its downward trend against the U.S. dollar on Monday, closing weaker at the official foreign exchange market.
Data from the Central Bank...
Marketers, Dangote Refinery Disagree on Cause of Petrol Price Drop
Fuel marketers and Dangote Refinery have offered conflicting explanations for the recent reduction in petrol prices across Nigeria.
Petrol prices in Abuja fell to between...
Public Affairs Analyst Hails Suspension of Fuel Import Duty
Ezenwa Nwagwu, Public Affairs Analyst and Executive Director of the Peering Advocacy and Advancement Centre in Africa (PAACA), has commended the Federal Government's decision...
“Nigeria’s Inflation Rate Plummets to 16.05%: Relief or Short-Term Fix?
Nigeria's inflation rate fell for the seventh consecutive month in October 2025, reaching 16.05%, down from 18.02% in September. This decline of 1.97 percentage...
Nigerian LPG Marketers Target Six Million Tonnes Annual Supply
Liquefied Petroleum Gas (LPG) marketers in Nigeria have set a target to raise the country’s annual LPG supply to six million metric tonnes in...
NUPRC Seeks Increased Investment from Bank of America to Boost Oil Output
The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Gbenga Komolafe, has called on the Bank of America to expand its...
CBN Denies Disbursing $1.26 Billion for Fuel Imports
The Central Bank of Nigeria (CBN) has denied reports that it disbursed $1.259 billion to major oil sector operators for the importation of refined...
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