News Update Dangote Refinery backed MRS filling station has reduced the pump price of its premium motor spirit, PMS . A market survey by Online Newspaper on Friday showed that the petrol…
Category: Business
Dangote to revive Free Trade Zone in Ondo
THE president and chief executive officer of Dangote Group, Aliko Dangote, says the Olokola Free Trade Zone (OKFTZ) in Ondo State will be developed into the biggest industrial free trade zone in…
Naira Depreciates Against Dollar
THE Naira yesterday depreciated to N1,387 per dollar in the parallel market from N1,380 per dollar on Wednesday. Similarly, the naira depreciated to N1,372.75 per dollar in the Nigerian Foreign Exchange Market,…
Dangote Raises Petrol Price, Announces New Rate
Dangote Refinery has effected another upward price adjustment, raising its ex-depot price of Premium Motor Spirit to N1,350 per litre. The latest adjustment, confirmed on Wednesday by a senior official of Dangote…
Femi Otedola clears air on Dangote Refinery funding
The chairman of First Bank Holding, Femi Otedola, has dismissed claims that he is part of the financiers of the Dangote Refinery. He made this known in a statement he posted on…
Crude Oil Surges to $115, 2022 Peak Level
Brent crude has surged to $115 per barrel, while West Texas Intermediate increased to $103 per barrel on Wednesday. Global oil prices showed that both Brent and WTI crude prices rose by…
BREAKING: Dangote Refinery increases petrol price
Dangote Refinery has increased the ex-depot price of petrol by N75. The refinery announced the increase on Wednesday, hiking the price from N1,200 to N1,275 per litre. MESSAGE us @ https://Wa.me/+2348072633727 /…
CBN’s N1,500 ATM Card Fee Sparks Backlash
Economists and bank customers have expressed concern over the Central Bank of Nigeria’s proposal to increase ATM card issuance fees from N1,000 to N1,500, saying the move could worsen the financial burden…
NERC refunds consumers N155m electricity bills
Electricity consumers in no I’m notNigeria received N155.84 million as a credit refund from electricity distribution companies in 2025 alone. This is according to the Nigerian Electricity Regulatory Commission’s latest quarterly data,…
Central Bank of Nigeria Increases Fees For ATM Cards
News Update The Central Bank of Nigeria, CBN, has raised the cost of issuing and replacing Automated Teller Machine, ATM, debit and credit cards by 50 per cent, increasing the fee from…