Business
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PayPal Faces Backlash in Nigeria After Sudden Account Suspensions Following Return
By George Omagbemi Sylvester The global payments giant PayPal is facing mounting criticism in Nigeria after reports emerged that several user accounts, some holding substantial balances, were suddenly disabled only days after…
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Dangote Refinery Makes History as Crude Distillation Unit Achieves 650,000 bpd Capacity
By Paul Joseph The Dangote Petroleum Refinery has reached a significant operational achievement with the complete restoration and optimization of its Crude Distillation Unit (CDU) and Motor Spirit (MS) production block. Both…
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Dangote Refinery Reduces Premium Motor Spirit Price by N25 Per Litre
Dangote Refinery has announced a reduction in the gantry price of Premium Motor Spirit (PMS) by N25 per litre, bringing the ex-depot rate down from N799 to N774 per litre. This adjustment…
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Funke Akindele Appointed MonieWorld Ambassador
By Paul Joseph MonieWorld, a digital financial service from Moniepoint Inc., has announced a collaboration with Nigerian actress and filmmaker Funke Akindele, who will serve as its brand ambassador to promote cross-border…
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NCC to Revise Outdated Telecom Policy After 26 Years
By Paul Joseph The Nigerian Communications Commission (NCC) has begun the process of revising the National Telecommunications Policy (NTP) 2000, nearly 30 years after its initial approval. The Commission announced this initiative…
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Atiku urges NNPC to halt proposed refinery partnership deal
By Charles Maduka Former Vice-President Atiku Abubakar has called on the Nigerian National Petroleum Company Limited to discontinue any proposed partnership arrangement involving the country’s refineries. Abubakar’s position follows an announcement by…
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Ex. Bank MD Robert Orya to serve 490 Years jail term after N2.4 Billion Fraud
By Paul Joseph The Federal Capital Territory High Court in Abuja has found Robert Orya, the former Managing Director of the Nigerian Export-Import Bank (NEXIM), guilty of fraud amounting to approximately N2.4…
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Access Bank Appoints Ifeyinwa Osime as Board Chair, Succeeds Paul Usoro
Access Bank Plc has announced the appointment of Ifeyinwa Osime as the new Chairman of its Board of Directors, following the retirement of Mr. Paul Usoro, SAN, on January 29, 2026, upon…
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NNPC hails Dangote Refinery, says it brought major relief for Nigerians
By Paul Joseph The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has praised the Dangote Petroleum Refinery, describing it as a major relief for Nigeria’s fuel…
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Nigeria’s Oil and Gas Output to Decline During Scheduled Bonga Platform Maintenance
By Ashiru Taofeek Adewale Nigeria’s crude oil exports are set to decline by 225,000 barrels per day in February due to the shutdown of a major offshore production facility for scheduled maintenance.…
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IMF Ranks Nigeria Sixth in Projected Global GDP Growth Contribution for 2026
By Paul Joseph According to new data from the International Monetary Fund (IMF), Nigeria is projected to rank sixth worldwide in its contribution to real GDP growth in 2026, marking a significant…
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Every individual must file tax returns by March 31—Oyedele
By Charles Maduka The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has called on Nigerians to ensure they file their annual tax returns as required by…
