Business
Dangote Blames High Cement Prices in Nigeria on Taxes and Regulatory Levies, Exports Cheaper Abroad
Aliko Dangote, President of Dangote Group, has highlighted heavy taxation and multiple regulatory levies as the main factors driving up cement prices in...
CBN Mandates Dual PoS Routing to End Transaction Failures, Compliance Required by January 2026
The Central Bank of Nigeria (CBN) has directed banks, financial institutions, and payment service providers to implement dual routing for all Point-of-Sale (PoS)...
NAFDAC Confirms French Indomie Recall Doesn’t Affect Nigerian Consumers
The National Agency for Food and Drug Administration and Control (NAFDAC) has clarified reports regarding the recall of Indomie Noodles Vegetable Flavour in...
NCAA Cracks Down on Domestic Airlines Over Poor Treatment of Passengers Amid Peak Holiday Travel
The Nigerian Civil Aviation Authority (NCAA) has taken decisive action against three domestic carriers — Xejet, Rano Air, and United Nigeria Airlines — after reports emerged of...
Nigeria Leads Africa in Oil Exports to US, Shipping $2.57 Billion in Crude in Eight Months
Nigeria has emerged as the top African supplier of crude oil to the United States in 2025, exporting about 33.23 million barrels of...
Dangote Gives Kaduna Businessman Seven Days to Retract Alleged False Allegations
Aliko Dangote, head of the Dangote Group, has given a Kaduna‑based businessman a seven‑day deadline to retract and apologize for comments aired on Trust...
Gold Soars to New All-Time High on Weaker Dollar and Growing Fed Rate-Cut Expectations
Gold prices surged to an all‑time high on Monday, climbing to $4,383.76 per ounce as market optimism grew over a possible series of...
PENGASSAN Urges Caution, Calls for Strong Institutions in Dangote–NMDPRA Dispute
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has called for caution amid the escalating dispute between the Dangote Group...
