adminDangote Refinery Raises Petrol Price To ₦1,350/Litre — Report
Dangote Refinery has increased its ex-depot price of Premium Motor Spirit (petrol) to ₦1,350 per litre, up from ₦1,275. The new increase marks a fresh upward adjustment in Nigeria’s…
Telcos defend N6.98 USSD charge despite failed transactions
Telecommunications operators under the aegis of the Association of Licensed Telecommunications Operators of Nigeria, ALTON, have defended the N6.98 Unstructured Supplementary Service Data, USSD, fee charged on banking transactions,…
UAE announces exit from OPEC
The United Arab Emirates (UAE) says it is quitting the Organization of the Petroleum Exporting Countries (OPEC) after nearly 60 years of membership. The Middle East nation is also…
Tinubu approves 30% debt waiver for airlines
President Bola Ahmed Tinubu has approved a 30 per cent discount on outstanding statutory fees owed by domestic airlines to aviation agencies. The gesture is aimed at alleviating operational…
CBN increases ATM card issuance fee to N1,500, scraps maintenance charge
The Central Bank of Nigeria (CBN) has increased the fee for the issuance or replacement of debit and credit cards from N1,000 to N1,500. The upward adjustment is part…
Airline operators suspend planned shutdown
Airline operators in Nigeria have suspended their planned nationwide shutdown. The suspension brings relief to thousands of passengers who would have faced travel disruptions from Monday. However, the operators…
Like MTN, Airtel also halts airtime, data borrowing services
Airtel Nigeria has announced the temporary suspension of its airtime and data credit services, which previously allowed eligible prepaid customers to borrow airtime or data and repay on their…
MTN suspends airtime, data loans
MTN Nigeria has suspended its airtime and data advance service known as Xtratime following new regulatory requirements introduced by the Federal Competition and Consumer Protection Commission. The telecom operator…
Nigerian airlines threaten to suspend operations April 20 over rising aviation fuel cost
The Airline Operators of Nigeria (AON) has warned that all domestic airlines may suspend operations from April 20 over the rising cost of aviation fuel. Abdulmunaf Yunusa Sarina, the…
33 banks raise N4.65tn as recapitalisation ends – CBN
The Central Bank of Nigeria on Wednesday said 33 banks have met new minimum capital requirements under its recapitalisation programme, raising a combined N4.65tn to strengthen the financial system.…
Report: Ghana, South Africa turn to Dangote refinery amid Middle East conflict
Some African countries that have long depended on large refineries in the Persian Gulf for fuel are now looking to Dangote refinery as an alternative source. According to a…
Dangote Refinery slashes petrol price to N774 per litre
Dangote Petroleum Refinery has reduced its Premium Motor Spirit gantry price by N25 per litre, lowering its ex-depot rate from N799 to N774 per litre in what industry analysts…
CAC delisted over 400,000 inactive companies in 2025, says registrar-general
The Corporate Affairs Commission (CAC) says it delisted over 400,000 inactive and non-compliant companies from its official register in 2025. According to NAN, Hussaini Magaji, registrar-general of the CAC,…
Tax laws not altered, says Akpabio
Senate President Godswill Akpabio has dismissed the allegation that the newly implemented tax laws were changed after their passage by the National Assembly. He maintained that the versions gazetted…
Banks To Effect ₦50 Stamp Duty On Transfers Above ₦10k From January 1
Financial institutions will start charging senders a ₦50 stamp duty on electronic transfers of ₦10,000 and above from January 1, 2026, following the implementation of the Tax Act. This…
