Business

Dangote Refinery Petrol Production Affecting European Markets – OPEC

The Organisation of the Petroleum Exporting Countries (OPEC) says the production of petroleum products by the Dangote Petroleum Refinery has…

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Nigeria’s Economic Reforms Have Started Yielding Positive Results -Tinubu

President Bola Tinubu has painted a bright picture of the Nigerian economy saying the nation’s economic reforms have started yielding…

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NBS Website Remains Down After Cyberattack, Delaying Key Economic Data Release

The National Bureau of Statistics (NBS) is still grappling with the aftermath of a cyberattack on its official website, which…

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NCC Threatens to Disconnect USSD Services for Nine Banks Over Unpaid Debts

The Nigerian Communications Commission (NCC) has issued a stern warning to nine financial institutions, authorizing telecommunications companies to disconnect their…

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Headline Inflation in Nigeria Rises Slightly to 34.80% in December 2024

Nigeria’s headline inflation rate increased slightly to 34.80% in December 2024, up by 0.20% from November’s 34.60%, according to the…

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N200bn USSD Debt: Telcos May Suspend Service as NCC Set to Name Defaulting Banks

The Nigerian Communications Commission will this week publicly release the names of 18 banks that have failed to settle their…

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 Nigeria’s Power Generation Increased by 34% in 2024, Minister Announces

Nigeria’s power generation saw a notable increase of 34% in 2024, according to the Minister of Power, Adebayo Adelabu, who…

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NERC Completes Transfer of Regulatory Oversight to Four States

The Nigerian Electricity Regulatory Commission (NERC) has successfully transferred the regulatory oversight of the electricity market to four states: Enugu,…

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