The Dangote Petroleum Refinery has denied a report that it could shut its petrol unit for two to three months. The spokesman of the Dangote Group, Anthony Chiejina, described the report as…
Category: Business
Inside Nigeria: New Requirement To Open, Operate Bank Account Emerged
News Update From January 1, 2026, Nigerians and non-residents will not be able to open or operate a bank account without a Tax Identification (Tax ID). The new rule is contained in…
Cooking Gas Price Crashed
THE average price of Liquefied Petroleum Gas, known as cooking gas, has dropped on a month-on-month basis. This is the case, as the price of 12.5 kilogrammes of cooking gas decreased to…
NNPC: Long-term neglect hindering refineries revamp
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Bayo Ojulari, has declared that fixing the country’s refineries under NNPC’s management has been difficult due to the neglect of…
NUPRC: Oil production rises to 1.7m barrels daily
Nigeria’s oil output has climbed to a new six-month high, averaging 1.71 million barrels of oil per day in July 2025, according to the Nigerian Upstream Petroleum Regulatory Commission. The increase marks…
Again, filling stations reduce fuel prices
News Update Nigerian filling stations and members of the Independent Petroleum Marketers Association of Nigeria, IPMAN, have reduced their premium motor spirit price for the second time this week. The National President…
Full List: CAC removes 247 companies from database
The Corporate Affairs Commission, CAC, has a issued a disclaimer on the purported incorporation of some listed companies. This was made known in a notice posted on the Commission’s official X handle…
How Osun Popular Female Local Pap (Ògì) Started Business With N1,000
• Narrates how she carried heavy containers of cons and sorghum, used pressing iron as a makeshift sealing machine… When Isola Modupe Olanrewaju, fondly called Oroki started making pap with just ₦1,000…
Popular Nigerian Mobile Network Changes Name
Telecom operator 9mobile has officially rebranded to T2, marking the start of a new phase in its corporate transformation. Chief Executive Officer, Obafemi Banigbe, announced the change at a launch event in…
BREAKING: NCC, IHS move to resolve diesel blockade threatening telecom services
IHS Towers, the company that keeps much of Nigeria’s mobile network running, is working with the country’s telecom regulator and security agencies to resolve a diesel supply blockade by oil sector unions…