Business

US Announces New Sanctions Against Iran Oil Sector

US Announces New Sanctions Against Iran Oil Sector

The United States announced Wednesday it is tightening sanctions against Iran’s oil industry as Tehran keeps up its closure of…
Benin, Togo, Niger Owe Nigeria Over N13bn Electricity Debt

Benin, Togo, Niger Owe Nigeria Over N13bn Electricity Debt

Despite Nigeria’s ongoing electricity supply challenges, three West African countries—Benin, Togo, and Niger—failed to fully settle payments for power supplied…
Ogun Govt Appoints SAHCO As Service Provider For Gateway Airport

Ogun Govt Appoints SAHCO As Service Provider For Gateway Airport

Ogun State Government has appointed Skyway Aviation Handling Company (SAHCO) Plc. as the sole ground handling service provider at the Gateway…
Oil Surges, Stocks Fall As Trump To Blockade Strait Of Hormuz

Oil Surges, Stocks Fall As Trump To Blockade Strait Of Hormuz

Oil prices surged, and stocks sank Monday after US-Iran peace talks fell apart and Donald Trump announced a blockade of…
Nigerian Govt Announces New Tariffs, Cuts Duty On Rice, Cars, Drugs, Sugar

Nigerian Govt Announces New Tariffs, Cuts Duty On Rice, Cars, Drugs, Sugar

The Federal Government has approved the implementation of the 2026 Fiscal Policy Measures, FPM, introducing sweeping changes to import tariffs…
Petrol May Reach N2,000/Litre Without Urgent Action, TUC Warns

Petrol May Reach N2,000/Litre Without Urgent Action, TUC Warns

THE Trade Union of Nigeria, TUC, on Thursday raised the alarm that the price of Premium Motor Spirit may climb…
NNPC Increases Dangote Refinery Crude Supply To 10 Cargoes

NNPC Increases Dangote Refinery Crude Supply To 10 Cargoes

Crude oil deliveries from the Nigerian National Petroleum Company (NNPC) Limited to the Dangote Petroleum Refinery doubled in March, boosting…
Nigerian Crude Falls Below $95/b After War Temporary Ceasefire

Nigerian Crude Falls Below $95/b After War Temporary Ceasefire

Nigerian crude oil, Bonny Light, dropped below $95 a barrel on Wednesday from above $130 after Iran agreed to reopen…
Union Bank: How Controversial Transactions Led To CBN Takeover

Union Bank: How Controversial Transactions Led To CBN Takeover

FRESH details have emerged regarding the circumstances that led to the regulatory intervention in Union Bank of Nigeria (UBN), with a…
Ijebu Ni Wa Store Opens Amid Cultural Splendor And Community Celebration

Ijebu Ni Wa Store Opens Amid Cultural Splendor And Community Celebration

The vibrant community of Imupa came alive yesterday as Ijebu Ni Wa, a cultural and heritage store dedicated to preserving…
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