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Business & Economy

After festive price support, Dangote Refinery realigns PMS prices to sustain affordability and market stability.

Dangote Petroleum Refinery and Petrochemicals has announced a price adjustment for Premium Motor Spirit (PMS), setting the gantry price at ₦799 per litre, while...

N501bn power bond marks turning point for electricity sector, says Proton Energy CEO Ikomi

Chief Executive Officer of Proton Energy, Mr. Oti Ikomi, has described the Federal Government’s N501 billion inaugural power sector bond as a major boost...

FirstHoldCo announces FirstBank’s compliance with ₦500b regulatory capital requirement

–Shareholders commit to further capital injections across Group subsidiaries First HoldCo Plc (“FirstHoldCo” or “the Group”) has announced that its flagship commercial banking subsidiary, First...

FirstBank hosts Nigeria Economic Outlook 2026, sets agenda for economic resilience and growth

FirstBank of Nigeria Limited, West Africa’s premier financial institution and a leading financial inclusion services provider, has announced the Nigeria Economic Outlook 2026, scheduled...

CBN reverses cash restrictions, unveils new withdrawal framework

The Central Bank of Nigeria (CBN) has abolished all limits on cash deposits and announced a major upward review of cash withdrawal limits, signaling...

NBS reports sustained slowdown in inflation as Nigeria records 18.02% rate in September

Nigeria’s headline inflation rate fell to 18.02 percent in September 2025, marking a continued slowdown in price increases, according to the National Bureau of...

Dangote Refinery denies mass sack, says reorganisation targets sabotage

The management of Dangote Petroleum Refinery has dismissed reports that it embarked on a mass layoff, clarifying that only a small number of employees...

FirstBank charts new path for non-oil exports at Agric and Export conference 

Nigeria’s biggest financial inclusion service provider, is First Bank Nigeria Limited is set to organize the 2025 edition of the FirstBank Agric and Export...

9mobile rebrands, now called T2

Nigeria’s fourth-largest telecoms operator, 9mobile, has unveiled a new brand identity, T2, as part of efforts to revive its market presence and digital focus.The...

FG, First Holdco deny share sales claims involving Otudeko, Odukale

The Nigerian Government has denied its involvement in recent acquisitions of shares in First Holdco PLC, in which saw 10.43 billion shares of the financial...

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