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Dangote Petroleum Refinery has expressed profound appreciation to President Bola Ahmed Tinubu for his timely intervention in averting what it described as “the disruptive actions of PENGASSAN” against the company. The company, in a statement, said the President’s leadership, through ...

The Federation Account Allocation Committee (FAAC), at its September 2025 meeting, chaired by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, allocated N2.225 trillion to the three tiers of government as federation allocation for August ...

Nigeria has emerged as a major participant and Africa’s undisputed cryptocurrency powerhouse. Findings suggest that this dominance is fueled by a potent combination of a vast, young, tech-savvy population and profound economic pressures, including currency volatility and inflation. For many ...

The Trade Union Congress has threatened to call a nationwide strike within two weeks if the Federal government fails to scrap the proposed five per cent tax on petroleum products. Also, the Organised Private Sector has rejected the move by ...

The Nigerian Exchange Ltd(NGX) has lifted the suspension on trading in Universal Insurance Plc’s shares. This development, which became effective on Wednesday, September 3, 2025, now enables shareholders to resume trading of the company’s shares on the NGX platform. The suspension ...

A subsidiary of Vitafoam Nigeria Plc, Vitapur Nigeria Limited, has restated its commitment to sustainable development in the manufacturing industry with the launch of its innovation hub that will produce ozone-friendly polyurethane for rigid foam manufacturing. This initiative, supported by ...

Buoyed by increasing foreing exchange inflows into the country, Nigeria’s foreign exchange reserves has hit $41.046 billion as at August 20, 2025, according to latest data released by the Central Bank of Nigeria (CBN), the highest it has been since ...

The stakeholders in Blockchain Technology Association of Nigeria (SiBAN) have entered into a strategic partnership with Roqqu, a leading African digital finance and blockchain solutions provider. The partnership, which follows Roqqu’s admission as a corporate member of SiBAN, is expected ...

itel Energy, a subsidiary of the itel brand, is making a bold play in Nigeria’s fast-growing renewable energy sector, unveiling new solar solutions designed to transform how homes and businesses access uninterrupted power. The company introduced two new All-in-One (AIO) ...

President Bola Ahmed Tinubu on Monday inaugurated  the newest addition to Nigeria’s liquefied petroleum gas (LPG) fleet, the 40,000 cubic meters (CBM) vessel named “MT Iyaloja (Lagos),” in Ulsan, South Korea. The vessel, owned by WAGL Energy Limited — a ...