Business

$2.9bn Refinery Probe: EFCC Traces N80bn to Sacked MD’s Account

$2.9bn Refinery Scandal: EFCC Finds N80bn in Account of Sacked MD as Port Harcourt, Warri, Kaduna Projects Collapse The Economic and Financial Crimes Commission (EFCC)...

Petrol Landing Cost Hits N870/Litre as Dangote Price Cuts Squeeze Importers

Petrol Landing Cost Rises to N870/Litre as Dangote Refinery Price Cuts Pressure Importers, Marketers Struggle with Losses Amid Fluctuating Market and Resumed Naira-for-Crude Deal The...

Banks Hike SMS Alert Charges to N6 Following Telecom Rate Increase

Starting today, banks across Nigeria will begin charging N6 per SMS for transaction alerts and other short message notifications to customers. This new rate...

Warri Refinery Shutdown Sparks Outrage as NNPCL Faces Integrity Questions

Warri Refinery Shuts Down Barely a Month After NNPCL Declared It Operational, Sparking Outrage Over $897 Million Repair Costs and Raising Fresh Integrity Concerns Operators...

50kg Rice Prices Crash to N58,000

Rice Prices in Nigeria Fall to N58,000 as Indian Imports Flood Benin Republic, Fueling Smuggling Despite Border Ban The price of a 50kg bag of...

Fuel Marketers Groan as NNPC Cuts Petrol Price to N880 in Lagos

NNPC Slashes Petrol Price to N880 in Lagos as Dangote Refinery Cuts Ex-Depot Rate—Marketers Lament Heavy Losses Amid Intensifying Price War Fuel marketers across Nigeria...