Dangote Refinery Raises Petrol Gantry Price to N1,200 Per Litre
By Elizabeth Ugbo Dangote Petroleum Refinery raised its petrol gantry price from N1,185 to N1,200 per litre on Wednesday, August…
Explore updates on inflation rates, employment data, government policies, exchange rates, and business activity. Get expert insights into economic shifts and financial stability.
Canada Announces Retaliatory Tariffs Against US After Trump’s 50% Levy
By Elizabeth Ugbo Canada’s Prime Minister Mark Carney announced retaliatory tariffs on Saturday, August 23, 2026, targeting US goods worth…
Atiku’s Fuel Subsidy U-Turn Raises Questions Over Economic Policy
By Elizabeth Ugbo Former Vice President Atiku Abubakar has renewed debate over petrol subsidy in Nigeria, after supporting its return…
NFIU Receives 42,082 Suspicious Transaction Reports in 2025
By Elizabeth Ugbo The Nigerian Financial Intelligence Unit (NFIU) received 42,082 Suspicious Transaction Reports (STRs) from banks, fintechs and other…
Iran Warns Countries Against Joining US Economic War as Strait of Hormuz Crisis Deepens
By Elizabeth Ugbo Iran has warned countries against joining the United States’ economic war amid rising tensions. The warning came…
ADC Accuses Tinubu’s 2027 Campaign Council of Becoming ‘Rehabilitation Centre’
By Elizabeth Ugbo The African Democratic Congress (ADC) has accused President Bola Ahmed Tinubu’s 2027 Presidential Campaign Council of becoming…
Atiku’s Fuel Subsidy Proposal: What Restoring Petrol Subsidies Could Mean for Nigeria
By Elizabeth Ugbo Former Vice President Atiku Abubakar has proposed restoring petrol subsidies if elected president in the next election,…
Naira Holds Firm at N1,350 as Parallel Market Sells Dollar at N1,415
By Elizabeth Ugbo The Nigerian naira remained relatively firm against the US dollar on Wednesday, August 19, 2026. The currency…
Dangote Refinery Secures $1bn Backing Ahead of Planned IPO
By Elizabeth Ugbo Dangote Petroleum Refinery & Petrochemicals FZE (DPRP) has secured $1 billion in underwriting backing from Marob Strategies…
FCCPC Probes Possible Cement Price Manipulation in Nigeria
By Elizabeth Ugbo The Federal Competition and Consumer Protection Commission (FCCPC) has opened an investigation into possible cement price manipulation…