News Update THE Nigerian Naira began the new trading week on Monday, April 13, 2026, with minor fluctuations against the United States Dollar across the official and informal markets. In the Nigerian…
Category: Business
Dangote Refinery cuts petrol price to N1,200/litre
Dangote Refinery has rolled back its recent hike in fuel prices, reducing the ex-gantry cost of Premium Motor Spirit (PMS) by N75 to N1,200 per litre, according to industry insiders on Wednesday….
BREAKING: NLC shuts down AEDC over mass sack
The Nigeria Labour Congress has shut down the offices of Abuja Electricity Distribution in Abuja, Kogi, Nasarawa, and Niger over the mass sacking of over 900 workers. It was observed that the…
Oil market drops after Trump shock move
Oil prices fell by over 5% following reports that US President Donald Trump has sent a peace proposal to Iran. Brent crude oil, which serves as the global market benchmark, experienced a…
Imported petrol undercuts local supply by N94 — Report
The landing cost of imported petrol is N94.53 cheaper than the domestic gantry price, according to a report by the Major Energies Marketers Association of Nigeria. This came as over 156…
Atiku rejects OPL 245 claim, opposes NNPCL asset sale
Former Vice President Atiku Abubakar has dismissed the Federal Government’s assertion that the protracted OPL 245 dispute has been settled, maintaining that the case is still before the courts. In a statement…
Naira posts big gain versus Dollar
Naira continued its appreciation rally against the United States dollar at the official foreign exchange market on Monday. The Central Bank of Nigeria’s data showed that the naira further strengthened to N1,357.77…
MRS raises pump price backed by Dangote
Dangote Refinery-backed MRS filling station has increased its petrol pump price nationwide after the 650,000 per liter day hiked its gantry price last week Friday to N1,175 per liter. It was reported…
Zenith Bank opens strategic branch in Manchester
Zenith Bank Plc has announced the opening of a new branch in Manchester, United Kingdom, marking another significant milestone in the bank’s international growth and its commitment to strengthening financial connections between…
TPXCLUSIVES to unveil store in Osun, promises to redefine fashion for Residents
Residents of Osun State are anticipating what could mark a new era in fashion retail as TPXCLUSIVES, a new fashion hub catering to all age groups, prepares for its grand opening on…