Business

CBN Approves Financial Aid for Unity Bank, Providus Bank Merger

The Central Bank of Nigeria (CBN) has granted approval for a financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. This move is…

August 14, 2025

Business

Dangote Refinery Reiterates Commitment to Releasing Petrol by August

Despite missing previous deadlines, Dangote Refinery has reaffirmed its commitment to releasing Premium Motor Spirit (PMS), also known as petrol, into the market by August. The assurance was given by…

August 14, 2025

Business

Tinubu Approves Use of NNPC Dividends for Petrol Subsidy, Halts 2024 Interim Payments

President Bola Tinubu has approved the use of the 2023 final dividends owed to the federation by the Nigerian National Petroleum Company (NNPC) Limited to cover the cost of…

August 14, 2025

Business

Renewed Hope Initiative Launched in Delta for 1000 Women Petty Traders

Nigeria's First Lady, Oluremi Tinubu, has launched an empowerment initiative aimed at supporting 1000 women petty traders in Delta State. The Renewed Hope Initiative, unveiled in Asaba, Delta State, is…

August 14, 2025

Business

30m Nigerians Now Have Credit Scores – CRC Credit Bureau

CRC Credit Bureau, Nigeria's leading credit bureau, has announced that over 30 million Nigerians now have credit scores from its database. This achievement highlights the company's commitment to enhancing financial…

August 14, 2025

Business

Petrol Price Hike: NNPCL Raises Pump Price to N855 per Litre

The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS), also known as petrol, to N855 per litre. This development comes after…

August 14, 2025

Business

Dangote Refinery May Export Petrol

The Dangote refinery, Nigeria's largest petroleum refinery, may be forced to export its Premium Motor Spirit (petrol) due to the Nigerian National Petroleum Company Limited's (NNPC) refusal to guarantee the…

August 14, 2025

Business

How to Save Nigerian Children from Anaemia, Death – Bill Gates

According to a report by the Bill & Melinda Gates Foundation, fortifying bouillon cubes with iron, folic acid, zinc, and vitamin B12 could prevent up to 16.6 million cases of…

August 14, 2025

Business

Fidson Healthcare Partners with Chinese Firms to Build Advanced Pharmaceutical Plant in Lagos

Fidson Healthcare Plc, Nigeria's leading pharmaceutical company, has inked a strategic cooperation memorandum with three Chinese firms to establish a cutting-edge pharmaceutical plant in Lagos. Daily Report Nigeria reports that…

August 14, 2025

Business

NCC Threatens Sanctions Against Elon Musk’s Starlink

The Nigerian Communications Commission (NCC) has threatened to issues sanctions against Elon Musk’s satellite internet service, Starlink for an unapproved rise of subscription prices in Nigeria. In a statement released…

August 14, 2025