NCC orders Telcos to compensate subscribers for Poor Network Service
The Nigerian Communications Commission (NCC) has directed Mobile Network Operators to compensate subscribers in areas where network quality falls below approved standards. The directive was disclosed in…
NNPCL Lowers Fuel Price Three Days After Dangote Refinery Cut
Checks by UGAMATV on Monday revealed that the state-owned oil company’s filling stations in Abuja have lowered petrol prices to ₦1,295 per liter, down from ₦1,361. This represents a reduction…
Beyond the Exchange Rate: Real Cost of Petrol for Low-Income Nigerians Exposed
An economist and former special adviser to the president of the African Development Bank on industrialisation, Banji Oyelaran-Oyeyinka, has outlined why petrol priced at N1,300 per liter remains unaffordable…
CBN blacklists top loan defaulters
The Central Bank of Nigeria (CBN) has restricted banking services for large-ticket loan defaulters as part of measures to enforce credit discipline and safeguard the financial system. The directive,…
Quality Control in Question as Nigeria Issues Bulk Import Permits Despite Local Refinery Focus
The Nigerian government has come under heavy criticism by energy stakeholders after the Nigerian Midstream and Downstream Petroleum Regulatory Authority recently issued fresh petrol import licenses. In a statement…
Official Naira Gains Against Dollar Amid Black Market Stability
The Naira appreciated against the dollar at the official foreign exchange market on Thursday, barely 24 hours after the dip. The Central Bank of Nigeria’s…
After Multiple Hikes, Dangote Refinery Lowers Petrol Price Again
Dangote Petroleum Refinery and Petrochemicals has reduced its gantry price for petrol to N1,200 per litre and its coastal price to N1,153 per litre. The…
Fuel Import Dependence Poses Severe Risk to African Economies, Says Dangote
Africa’s richest man, Aliko Dangote, has warned that the continent risks severe economic consequences if it fails to reduce its dependence on imported fuel amid global supply uncertainties. Dangote gave…
Just In :Trump’s Iran Peace Proposal Sparks 5% Drop in Global Oil Prices
Oil prices fell by over 5% following reports that US President Donald Trump has sent a peace proposal to Iran. Brent crude oil, which serves…
Cocoa, cashew dominate Nigeria’s agricultural exports in 2025
Nigeria’s push toward export diversification recorded significant progress in 2025, with non-oil exports rising to ₦12.36 trillion from ₦9.09 trillion in 2024. Data from the National Bureau…















