Nigerian Naira Edges Up Against Dollar at Official Market, Firms by N0.64
The Naira appreciated against the dollar at the official foreign exchange market on Thursday. The Central Bank of Nigeria’s data showed that the Naira slightly strengthened to…
BREAKING: Filling Stations Shut Operations Amid Speculation Over Petrol Price Hike
Some Nigerian filling stations have shut down over premium motor spirit price speculation hikes. Checks by NEWSMEN on Thursday morning showed Total, Emedab, and other filling stations are closed. When…
CBN Warns Against Rejecting Standard ₦100 Note, Confirms It Remains Legal Tender
The Central Bank of Nigeria (CBN) has reaffirmed that the standard ₦100 banknote remains legal tender and warned that anyone refusing to accept it for transactions is acting contrary to…
Nigeria Secures Further Fuel Price Reduction After Government Meeting with Dangote Refinery and Marketers
Dangote Refinery, depot owners, and petroleum products marketers have agreed to further slash premium motor spirit prices across the value chain after meeting with the Nigerian government. …
PETROAN Explains Why Petrol Price Has Not Dropped Below ₦1,000 Per Litre
The President of the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), Billy Gillis-Harry, has explained why the pump price of petrol has not fallen below ₦1,000 per litre…
Marketers push for N800/liter for Petrol
Independent petroleum marketers have pushed for the restoration of importation rights and projected that the pump price of Premium Motor Spirit, popularly called petrol, could fall below N800 per litre…
Tony Elumelu to Retire as UBA Group Chairman, Emmanuel Nnorom Named Successor
United Bank for Africa (UBA) Plc has announced that its Group Chairman, Tony Elumelu, will retire from the bank’s Board of Directors on August 21, 2026, after completing the maximum…
Aero Contractors CEO Seeks Stronger Government-Private Sector Collaboration to Grow Aviation
The Chief Executive Officer of Aero Contractors, Captain Ado Sanusi, has called for stronger collaboration between the federal government and private sector operators, saying such partnerships are essential to driving…
Nigerian Banks, Fintechs Urged to Partner Galaxy Backbone on Cybersecurity
Twenty years ago, discussions about national security focused largely on protecting our borders, oil facilities, and other physical assets. Today, a new battleground has emerged—cyberspace. As Nigeria’s economy becomes increasingly digital,…
Cooking Gas Prices Drop by N350 per kg in Abuja After Weeks of Surge
The prices of liquefied petroleum gas, known as cooking gas, have continued to fall across parts of Nigeria after weeks of an upsurge due to supply constraints.…














