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How Allegedly Dangote Siphoned $3.4bn Through CBN
Business

Dangote’s Wealth Surges By 100% To $23.9bn, Retains Position As Richest Man In Africa

Aliiko Dangote’s wealth has surged by almost 100% to $23.9 billion, according to Forbes. Dangote retains his position as the richest man in...

NNPCL to Hand Over Nigerian Refineries to Private Firms
Business

NNPC Debunks Fuel Importation Claims, Denies Quality Issues

NNPC has denied importing 200 million litres of petrol in February 2025, calling the claim “entirely false”. NNPC’s Group Chief Executive Officer, Kyari,...

Nigerian Students Threaten Mass Protest Over MTN Tariff Hike | Daily Report Nigeria
BusinessNews

Nigerian Students Threaten Mass Protest Over MTN Tariff Hike

The Lagos State Chapter of the National Association of Nigerian Students Joint Campus Committee has vowed to stage a mass protest at MTN...

Dangote Refinery Misses Production Date
Business

Dangote Describes $23bn Refinery as Biggest Risk of His Life

Billionaire Aliko Dangote has described his $23bn Dangote Refinery project as the “biggest risk” of his life._ Despite the refinery’s groundbreaking capacity of...

FG Weighs Options as Contract Sum for Abuja Airport Runway Hits N532bn | Daily Report Nigeria
Business

FG Weighs Options as Contract Sum for Abuja Airport Runway Hits N532bn

The Nigerian federal government is considering its options regarding the construction of a second runway at the Nnamdi Azikiwe International Airport in Abuja....

CBN Under Fire As SERAP Demands Reversal of ATM Transaction Fee Hike | Daily Report Nigeria
Business

CBN Under Fire As SERAP Demands Reversal of ATM Transaction Fee Hike

SERAP has given the Central Bank of Nigeria (CBN) a 48-hour ultimatum to reverse the newly announced hike in Automated Teller Machine (ATM)...

Naira Gains Despite 32% Drop in FX Market Turnover | Daily Report Nigeria
Business

Naira Gains Despite 32% Drop in FX Market Turnover

Nigeria’s foreign exchange market turnover declined by 32.28% in December 2024, falling to $9.74bn from $14.39bn in November. The decline was attributed to...

NNPCL to Hand Over Nigerian Refineries to Private Firms
Business

NNPCL Debunks Claim of Inferior Fuel Quality

NNPCL has debunked claims that its premium motor spirit (PMS) does not last as long as the one from Dangote Refinery. A viral...