The National Bureau of Statistics (NBS) has reported a further drop in Nigeria’s headline inflation rate, which fell to 16.05 percent in October 2025. The figure...
Nigeria’s crude oil production for October remained below the 1.5 million barrels per day (bpd) quota set by the Organization of Petroleum Exporting Countries (OPEC), according...
Africa’s richest man and chairman of Dangote Group, Aliko Dangote, has announced plans to invest more than $1 billion in Zimbabwe’s cement and energy sectors. Speaking...
The Naira strengthened slightly in the parallel market on Tuesday, trading at N1,462 per dollar compared to N1,465 on Monday. However, it weakened at the official...
The naira fell against the United States dollar at both the official and parallel foreign exchange markets on Monday, beginning the week on a negative note....
The Abuja Electricity Distribution Company (AEDC) has begun a large-scale retrenchment exercise that has seen about 800 employees dismissed from their roles. This development comes at...
The management of Transcorp Hilton Abuja on Tuesday hosted top media executives to a special evening of networking and appreciation, reaffirming its commitment to sustaining a...
The police have sealed the corporate headquarters of Nestoil Limited in Victoria Island, Lagos, following a receivership order obtained by a consortium of lenders over the...
A Lagos State High Court has directed Multichoice Nigeria Limited to pay N5 million in general damages to a subscriber for the wrongful and wilful disconnection...
The Dangote Refinery is set for a massive expansion, with its capacity increasing from 650,000 barrels per day (bpd) to 1.4 million bpd, Very Nigeria reports. ...