President Dangote Industries Limited, Aliko Dangote, has attributed the high price of petrol in Nigeria partly to the continued smuggling of the commodity to neighbouring countries where it sells for…
Category: Business
Inflation Eases Marginally in Nig. To 15.39% In August NBS
The National Bureau of Statistics (NBS) on Tuesday in its latest inflation report stated that Nigeria’s headline inflation rate eased marginally to 15.39 per cent year-on-year in August 2026,…
Fuel Hike: Atiku Faults Tinubu, calls for probe on FAAC Allocation
Former Vice President Atiku Abubakar has faulted the administration of President Bola Tinubu over the current pump price of petrol, noting that Nigerians are now paying as much as ₦1,470…
Dangote gives reasons why he doesn’t want to be addressed as richest man in Africa
Dangote gives reasons why he doesn’t want to be addressed as richest man in Africa President of Dangote Industries Limited, Aliko Dangote, has said he no longer wants to be…
Atiku gives reason for Bring back Fuel Subsidy
Former Vice-President Atiku Abubakar has explained that his plan to restore fuel subsidy is aimed at supporting local refining and reducing the cost of petrol, rather than subsidising imported fuel.…
2026 Essay Competition: UBA Foundation increases Prizes To N41m
UBA Foundation, the Corporate Social Responsibility arm of United Bank for Africa (UBA) Plc, has announced the commencement of the 2026 edition of its annual National Essay Competition (NEC),…
Govt. to Foreign Workers: Formalise your status within 90 days or…
Burundian nationals gather outside their embassy to apply for border passes as they prepare to travel back to their country following the Kenyan government’s directive on undocumented small-scale traders, in…
Canada ,US at Trade War over imposition of Fresh Tariffs On $20bn
Eniola Yekini The trade war between Canada and the United States has deepened over the imposition of fresh retaliatory tariffs by Canada on about $20 billion worth of US…
SFU begins probe on alleged multi-billion-dollar fraud in oil sector
Eniola Yekini The Police Special Fraud Unit, SFU, Ikoyi, Lagos, has commenced investigations into alleged massive fraud running into billions of dollars in Nigeria’s oil and gas sector. The unit…
15 Northern States ‘ll Collapse If Subsidy Returns — OAU Don Faults Atiku’s Comments
Professor Tunji Ogunyemi of Obafemi Awolowo University, OAU, in Ile-Ife, has explained how 15 states in the northern part of Nigeria will collapse if petroleum subsidy is returned as some…