Dangote Refinery Reshapes Nigeria’s Fuel Market, Reduces Import Dependence -OPEC
The Dangote Petroleum Refinery is transforming Nigeria's energy landscape by significantly reducing the nation's reliance on imported refined petroleum products...
Nigeria’s Inflation Rate Hits 34.80% in December
Nigeria’s inflation rate rose to 34.80% in December 2024, up from 34.60% recorded in November, according to the latest report...
FirstBank Explains Why GHL’s Accounts Were Frozen
First Bank of Nigeria Limited (FirstBank) has clarified the reasons behind its decision to freeze the accounts of General Hydrocarbons...
CBN Sanctions Nine Banks with N1.35bn Fine Over ATM Cash Shortages
The Central Bank of Nigeria (CBN) has penalized nine Deposit Money Banks (DMBs) with a total fine of N1.35 billion...
General Hydrocarbons Refutes $225M Debt Claim
General Hydrocarbons Limited (GHL) has refuted allegations that it owes First Bank of Nigeria (FBN) $225.8 million, asserting that the...
Lagos Assembly Speaker Mudashiru Obasa Impeached for Misconduct, Replaced by Mojisola Metanda
The Speaker of the Lagos State House of Assembly, Mudashiru Obasa, has been impeached following allegations of gross misconduct and...
First Bank Eyes Expansion into New African Markets
First Bank is gearing up for a strategic expansion across Africa, targeting at least three new countries as financial markets...
Brent Crude Surges Above $81 Amid Fresh U.S. Sanctions on Russian Oil
Global oil prices experienced a sharp rise on Monday as Brent crude soared past $81 per barrel following new U.S.-imposed...
Governor Seyi Makinde Officially Crowns New Alaafin of Oyo, Abimbola Akeem Owoade
In a historic moment for the people of Oyo Kingdom, Governor Seyi Makinde has formally presented the staff of office...
Nigeria, U.S. Partner to Recover $52.88 Million from Ex-Oil Minister’s Assets
Nigeria and the United States have reached an agreement to return approximately $52.88 million in funds linked to former Nigerian...
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