adminAirline 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…
Dangote refinery slashes petrol price to N699 per litre
The Dangote Petroleum Refinery has again reduced its petrol gantry price, slashing the ex-depot rate from N828 to N699 per litre. Real-time market data published on Petroleumprice.ng on Friday…
CBN increases ATM withdrawal limit to N100k daily
The Central Bank of Nigeria (CBN) has increased cash withdrawal limits on all channels to N500,000 weekly for individuals and N5 million for corporates. Announcing the policy revision in…
828m litres of petrol imported to avert nationwide shortage
Fuel security slowed in October as the Dangote Petroleum Refinery supplied only an average of 17.1 million litres per day of the nation’s petrol needs, forcing the country to…
CBN orders banks to withdraw misleading adverts, others
The Central Bank of Nigeria has instructed all banks, payment service banks, and other regulated financial institutions to immediately withdraw any advertisement or promotional material that does not comply…
FG suspends plannned 15% import duty on PMS, diesel
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has stated that the proposed implementation of the 15 per cent of valorem import duty on imported Premium Motor Spirit and…
