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Local refiners and petroleum products marketers have faulted the Federal Competition and Consumer Protection Commission (FCCPC) over its demand for lower petrol prices, accusing the agency of failing to understand the workings of the downstream market. The operators reacted after the commission, on Tuesday, warned refiners and marketers that continuedContinue Reading

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The Debt Management Office (DMO) is targeting N4 trillion from the Federal Government of Nigeria (FGN) bond market in November and December 2026 as the government intensifies efforts to raise funds through domestic debt instruments. According to the revised FGN Bond issuance calendar for November and December just released byContinue Reading

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  Seplat Energy Plc has called for accelerated exploration, stronger indigenous capabilities, greater deployment of technology and sustained investment across Nigeria’s energy value chain to unlock the country’s hydrocarbon potential, strengthen energy security and drive long-term economic growth. The call was made by the chief executive officer of Seplat Energy,Continue Reading

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  NASCON Allied Industries Plc has unveiled a new range of Dangote seasoning products, as the Dangote Group reaffirmed its commitment to local manufacturing, industrial self-reliance and increased intra-African trade. The new products, Dangote Classic, Dangote Beef Seasoning and Dangote Chicken Seasoning were unveiled during the Dangote Group Special DayContinue Reading

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The Central Bank of Nigeria (CBN) has commenced the digitalisation of fiscal data collection across the 36 states of the federation, the Federal Capital Territory (FCT) and 774 Local Government Areas (LGAs) to improve the quality and timeliness of economic statistics for policy decisions. According to the CBN, the initiativeContinue Reading

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The National Agricultural Land Development Authority (NALDA) has set a target of facilitating the planting of one million economic trees by 2030 as part of efforts to promote climate-smart agriculture, restore degraded landscapes and strengthen Nigeria’s environmental sustainability. The Executive Secretary and Chief Executive Officer of NALDA, Cornelius Adebayo, disclosedContinue Reading

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  The Nigerian equities market extended its bearish trend as selling pressure continued to weigh on investor sentiment across the bourse, with the benchmark All-Share Index (ASI) declining further. The ASI declined by 0.18 per cent to close at 251,861.24, reflecting continued profit-taking and cautious investor sentiment following the market’sContinue Reading

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The Nigerian Institute of Quantity Surveyors (NIQS) has warned that persistent delays in the payment of contractors handling government projects could trigger widespread business failures in the construction industry, urging President Bola Tinubu to intervene before the situation worsens. The Institute said the inability of government agencies to settle outstandingContinue Reading

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Former shoplifters say treatment and drug rehabilitation are essential to ending cycle of theft and imprisonment Police to target 500 chronic shoplifters in retail crime crackdown in England When Rhys, 34, stole goods from shops across Birmingham, he would often leave notes for the staff apologising for his actions. “I’dContinue Reading