EFCC Detains Former Skye Bank Chairman Tunde Ayeni in Multi-Billion Naira Fraud Probe

      The Economic and Financial Crimes Commission, EFCC, has arrested businessman and former chairman of the defunct Skye Bank Plc, Tunde Ayeni, over an alleged multi-billion naira fraud.…

Price War Heats Up: Filling Stations Adjust Petrol Rates Amid Market Stability

      Nigerian filling stations reduced their petrol price to attract patronage.     Checks on Friday showed that Nigerian filling stations in Abuja and environs dropped to N1,295…

From Vulnerability to Resilience: How the Dangote Refinery Is Reshaping Nigeria’s Energy Stability

Economic stability is often seen as a product of effective policies and strong implementation. In reality, it depends more on a nation’s capacity—the systems that produce, transport, and deliver essential…

Strait of Hormuz: Hope of Fuel Price Reduction in Nigeria Fades Amid Crude Oil Volatility

Hope for the reduction of the price of premium motor spirit in Nigeria might have hit the rocks following a gradual rise in crude oil price linked to the Strait…

Enugu State Targets Tourism Boom with ₦22.5bn Investment Push

The Enugu State Government has intensified efforts to unlock its tourism potential and harness the economic benefits of the sector, as part of its broader development agenda. Governor Peter Mbah…

Aviation Fuel: Strait of Hormuz not our challenge – Aircraft owners

President of the Aircraft Owners and Pilots Association, Alex Nwuba, has said the crisis in the Straits of Hormuz is not the challenge of the sector but the global pricing…

Oil tumbles 10% as Wall Street rallies to another record after Iran reopens the Strait of Hormuz

Global markets rallied sharply on Friday, April 17, after Iran announced the reopening of the Strait of Hormuz, easing fears of prolonged disruption to global oil supplies.     Oil…

Nigerian Airlines Threaten Shutdown Over Rising Jet Fuel Costs

Domestic airline operators in Nigeria have announced plans to suspend flight operations from April 20, 2026, over the escalating cost of aviation fuel and what they describe as exploitative pricing…

Oborevwori Applauds Obi Cubana’s Mega Investment as Cubana Millennium City Signals New Urban Era for Asaba

The Governor of Sheriff Oborevwori has praised prominent businessman Obinna Tochukwu Iyiegbu, widely known as Obi Cubana, for spearheading investments aimed at boosting Delta State’s status as a key urban…

D&G co-founder Gabbana resigns as Chairman

D&G co-founder Gabbana resigns as Chairman     Stefano Gabbana, co-founder of Dolce & Gabbana, has stepped down as chairman of the company while remaining involved in its creative direction.…