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Dangote Accuses NUPENG of Fuel Truck Levies
Africa’s richest man and Dangote Group President, Aliko Dangote, has accused the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) of collecting up...
Naira Strengthens Against Dollar Across Markets
The naira appreciated significantly against the U.S. dollar on Friday, posting gains in both the official and parallel foreign exchange markets.
Data from the Central...
Edo Seals Market Square Over N27m Tax Debt
The Edo State Internal Revenue Service (EIRS) has sealed the premises of Market Square (Sunday Foods) in Benin City over alleged tax liabilities exceeding...
AfDB Invests $25M in TCX to Strengthen Africa’s Local Currency Financing
The African Development Bank (AfDB) has approved a $25 million equity investment in The Currency Exchange Fund (TCX) to enhance local currency financing and...
Dangote Refinery to Resume Self-Collection Gantry Sales Amid Policy Shift
Dangote Petroleum Refinery and Petrochemicals Limited has announced the resumption of self-collection gantry sales for petroleum products at its facility starting Tuesday, September 23,...
Nigeria’s Refining Revolution Faces Setbacks Amid Industry Disputes
Nigeria's downstream oil sector is once again at a crossroads as growing tensions between refinery operators, petroleum marketers, and truck drivers' unions threaten the...
World Bank’s $510M Securitisation Sets Stage for Private Capital in Emerging Markets
The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has completed its first-ever securitisation transaction, marking a significant milestone...
“We’re Not Shutting Down” – Shoprite Operator RSNL
Retail Supermarkets Nigeria Limited (RSNL), the operator of the Shoprite franchise in Nigeria, has assured the public that it is not shutting down. In...
Nigeria Launches Pension-Backed Loan Scheme for Retirees
The federal government has introduced a pension-backed loan scheme aimed at improving access to credit for retirees and pensioners across the country.
The initiative, launched...
Nigerian Farmers Urged to Cut Antibiotic Use in Livestock
Nigerian farmers have been advised to reduce their dependence on antibiotics in livestock production to protect animal health and the environment.
Animal nutritionist Habeeb Tajudeen...
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