The Organisation of Petroleum Exporting Countries (OPEC) has reported a lower oil output in January following lower supply from Nigeria and Libya, a survey found on Monday, which offset increases in members including Venezuela after the U.S. capture of Nicolas ...
Read More »Yearly Archives: 2026
NRS Targets N40.7trn Revenue In 2026
Nigeria Revenue Service (NRS) has set a revenue target of N40.711 trillion for 2026, representing a 44 per cent increase over the N28.289 trillion generated in 2025. The projection underscores the agency’s strategy to deepen fiscal sustainability through stronger non-oil ...
Read More »Dangote Cuts Petrol Price By N25 Per Litre
The Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit (PMS) by N25 per litre, lowering its ex-depot/gantry rate from N799 to N774 per litre. The refinery communicated the price adjustment to marketers on Tuesday, confirming that ...
Read More »Access Bank’s Bidvest Deal Stalled On Regulatory Compliance
Access Bank Plc’s proposed acquisition of South African-based Bidvest Bank has hit a regulatory pause as the long stop date for the transaction expired without completion. In a notification to the Nigerian Exchange Limited, signed by its company secretary, Sunday ...
Read More »Staff Celebrates Accountant General On His Birthday
Amidst pomp and pageantry, staff of the office of the Accountant General of Akwa Ibom State on the 9th of February, 2026, rolled out the drums to celebrate their boss, Pastor Uwem Andrew-Essien during the Monday prayer meeting of the ...
Read More »PH Refinery Reopening A $1.5bn Waste, Shut To Stop Monumental Losses, Ojulari Admits
…Says NNPC lacks capacity to run refineries profitably …’ Nigerians should thank God for Dangote Refinery’ The Nigerian National Petroleum Company Limited (NNPC Ltd.) has said it shut down the $1.5 billion-rehabilitated Port Harcourt Refinery, after internal reviews exposed “monumental ...
Read More »Dangote Group, Kaduna Chamber, Drive Local Content Agenda At Trade Fair With 10,000 Participants
The Dangote Industries Limited and the Kaduna Chamber of Commerce, Industry, Mines, and Agriculture (KADCCIMA) are in a strategic partnership to promote local manufacturing at the 47th Trade Fair, which is expected to be declared open on February 6, 2026, ...
Read More »Installation Of Electricity Meters Under $500m World Bank Deal Free, Govt Insists
The federal government has reaffirmed that electricity meters being deployed under the Distribution Sector Recovery Programme (DISREP) are free for customers, warning Nigerians not to pay any money for meter supply or installation. Director General of the Bureau of Public ...
Read More »OPay Named The Sun’s First-Ever Fintech/Digital Bank of the Year 2025
OPay has been named Fintech/Digital Bank of the Year 2025 at The Sun Awards organised by The Sun Publishing Limited, one of Nigeria’s respected media institutions, on the 31st January 2026 at Eko Hotels and Suites, Victoria Island, Lagos, marking ...
Read More »MTN Foundation Trains 6,000 Microbusiness Owners In Digital Skills
In line with the Federal Government’s National Digital Economy and SME Development agenda, the MTN Foundation has commenced the seventh phase of its ICT Business Skills onboarding programme, targeting 6,000 microbusiness owners nationwide. The virtual training programme, which began on ...
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