Dangote Refinery Reduces Petrol Price ‘Again’, Implements New Rates
Dangote Petroleum Refinery and Petrochemicals has announced a price reduction of N15 per litre for its Premium Motor Spirit (PMS), also known as petrol....
Court Dismisses MultiChoice’s Suit Against FCCPC Over Price Hike
A Federal High Court in Abuja has dismissed a lawsuit filed by MultiChoice Nigeria, the parent company of DStv and GOtv, challenging the Federal...
GTBank Increases SMS Alert Fee to ₦6, Effective May 1
Guaranty Trust Bank has announced an increase in its SMS transaction alert fee from ₦4 to ₦6 per message, effective May 1, 2025.
In a...
FIRS Orders Banks to Close Unauthorised Tax Collection Accounts
The Federal Inland Revenue Service (FIRS) has directed banks nationwide to immediately identify and close any tax and levy collection accounts not authorised under...
Nigeria Takes Major Step in Intra-African Trade, Gazettes ECOWAS Tariff Offers
Nigeria has officially gazetted and transmitted its ECOWAS schedule of tariff offers for goods traded in Africa to the African Continental Free Trade Area...
Rising Food, Energy Costs Push Nigeria’s Inflation to 24.23%
Nigeria's inflation rate has surged to 24.23% in March 2025, driven by increasing costs of basic food items and energy. This spike marks a...
CBEX Collapse: EFCC, Interpol Launch Investigation into Alleged N1.3 Trillion Crypto Fraud
The Economic and Financial Crimes Commission has launched a comprehensive investigation into the alleged N1.3 trillion cryptocurrency fraud linked to CryptoBank Exchange, a now-defunct...
Dangote Refinery Cuts Petrol Price Again to ₦835/Litre
Dangote Refinery has reduced its petrol price for the third time in under six weeks, cutting its ex-depot rate to ₦835 per litre from...
FIRS Seeks Reforms to Enhance Tax Expenditure Management
The Federal Inland Revenue Service (FIRS) has initiated a thorough examination of all tax incentives under its administration, aiming to boost transparency, eliminate inefficiencies,...
SEC Warns Against Unregistered Digital Investment Platforms Amid CBEX Crash
The Securities and Exchange Commission has issued a warning to Nigerian investors, cautioning against the use of unregistered digital asset trading platforms.
This announcement comes...