Dangote refinery drops petrol to N699 per litre

The Dangote Refinery has reduced its petrol gantry price, slashing the ex-depot rate from N828 to N699 per litre.… Real-time market data published on Petroleumprice.ng on Friday showed that the…

Panic at IHS Towers as ICPC raids Amnesty International event

Operatives of the Independent Corrupt Practices and Other Related Offences Commission on Thursday stormed the IHS Towers office in Wuse 2, Abuja, disrupting an event being hosted by Amnesty International…

Senate takes up screening of Tinubu’s 32 Ambassadorial picks

The Senate on Thursday witnessed an unusual concentration of political heavyweights as President Bola Tinubu’s 32 ambassadorial nominees appeared at the National Assembly for screening. Those in attendance included former…

Nigeria advances toward T+1 settlement as SEC announces sweeping market reforms

Barbara Bako, Abuja. Nigeria is moving closer to a T+1 and eventually T+0 settlement cycle as the Securities and Exchange Commission (SEC) rolls out a broad set of reforms aimed…

CBN approves 82 new BDCs under revised 2024 guidelines

Barbara Bako, Abuja. The Central Bank of Nigeria (CBN) has granted final operating licences to 82 Bureau De Change (BDC) operators following the implementation of the revised Regulatory and Supervisory…

Jaiz Bank leads Africa as first IILM primary dealer

Barbara Bako, Abuja. Jaiz Bank has made history as the first financial institution in Africa to be admitted into the International Islamic Liquidity Management Corporation’s (IILM) global network of primary…

ECOWAS slams Benin’s foiled coup attempt

The Economic Community of West African States (ECOWAS) has condemned an attempted military takeover in the Republic of Benin, describing the move as a “subversion of the will of the…

Nationwide crackdown: NDLEA seizes 7.6m Tramadol pills, 76,000kg cannabis

In a sweeping operation aimed at protecting public health, NDLEA officers intercepted over 7.6 million tramadol tablets and more than 76,000kg of potent cannabis variants during coordinated intelligence operations across…

Military claims coup in Benin, borders sealed

Soldiers showed up on Benin’s state TV on Sunday, declaring the government dissolved—a move that looked like a coup in the West African nation…. The soldiers declared the removal of…

Nigerian Air Force jet crashes in Niger

A Nigerian Air Force Alpha Jet has crashed in Niger, according to a report by Daily Trust.… The jet crashed at NAF Base in Kainji, Niger State shortly after take-off.…