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Dangote Petroleum Refinery reports spending over $4.48 billion on crude oil in the last two months. This expenditure has postponed significant reductions in fuel prices for consumers.
Dangote Refinery has reduced the price of petrol to N1,075 per litre, marking its fourth decrease this month. This move is expected to positively impact consumers amid ongoing economic adjustments.
President Tinubu has inaugurated West Africa's largest lithium processing plant in Nasarawa. This facility is expected to create jobs and enhance local value addition in Nigeria's solid minerals sector.
The UNDP calls for Nigeria to transition from oil to renewable energy, citing reduced conflict, stable supply, and environmental benefits. Learn about the
Dangote has reduced the petrol price to ₦1,075 per litre and opened sales to all qualified marketers. This move is expected to enhance competition in the market.
The Chartered Institute of Stockbrokers (CIS) has described FTSE Russell’s decision to defer Nigeria’s planned reclassification to Frontier Market status read more Chartered Institute of Stockbrokers says Nigeria’s shortened settlement cycle remains landmark achievement
Ghana and South Africa are embroiled in a diplomatic row following the death of a Ghanaian migrant. Pretoria denies the death is linked to anti-immigrant p
Nigeria Customs Service generated ₦3.35 trillion in revenue and seized ₦24.3 billion worth of drugs between January and May 2026, an official announced.
Barely two months after entering Nigeria’s crowded e-commerce market, digital marketplace 2Clicks Nigeria says it has surpassed 100,000 downloads and read more 2Clicks’ rapid rise to 100,000 users triggers fresh competition in Nigeria’s e-commerce market
President Bola Tinubu announced that his economic reforms have decreased states' reliance on borrowing for salaries. This development is attributed to increased revenue generation at the state level.
The Babban Lamba–Sharam Road links Plateau with Nasarawa, Gombe, Kaduna and Adamawa states, serving farming communities, commercial centres, markets and security formations. The post Tinubu Flags Off 40km Babban Lamba–Sharam Road Project, Pledges Renewed Hope For Plateau appe...
The LFTZ Customs Command reported a revenue of N408.8 billion from January to June 2026, marking a 28.85% increase. This growth is attributed to improved compliance and stakeholder engagement strategies.
Adeola Oyedele When FTSE Russell announced that it would place Nigeria’s planned reclassification to Frontier Market status under further review following the Securities and Exchange Commission’s (SEC) adoption of a
…as banks facilitate the creation of 1.8million jobs The Bank of Industry (BOI) significantly scaled up its interventionist role in read more BOI scales development financing with N644bn disbursement to local firms
The Nigerian government is working to create a coordinated financing ecosystem to boost development finance and attract private investment. This initiative aims to support the country's goal of achieving a $1 trillion economy.
Katsina State is implementing business-friendly reforms to attract both foreign and local investors. These changes aim to stimulate economic growth and promote sustainable private-sector investment.
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says preliminary assessments indicate that the first aquifer in Rivers State’s Bille community has been contaminated following nearly a year of toxic gas seepage. The post FG to address gas contamination in Niger Del...
Dangote Petroleum Refinery has raised $750 million through an international bond offering carrying a 7.5 percent fixed coupon, marking another read more Dangote Refinery raises $750m in international bond market at 7.5%
…Market Records N7 Bn Weekly from Trade Jigawa State’s ambition to become Nigeria’s leading livestock investment destination received a major read more FG seeks partnership with Jigawa to transform Maigatari livestock market into regional processing hub
Nigeria's corporate tax system is being significantly revamped, enhancing compliance practices for businesses. The Nigeria Revenue Service is leading this transformation, which is expected to positively impact corporate operations.
The ongoing US-Iran conflict is impacting the global LNG market, with Shell projecting a 65% increase in demand by 2050. This situation highlights the volatility in energy markets due to geopolitical tensions.
Nigeria's presidency is promoting the country as a prime investment hub within the African Continental Free Trade Area. This initiative aims to attract more foreign investments and enhance economic growth.
…As Police arrest two suspects over illegal firearms trafficking A joint security patrol team has foiled an attempted security breach read more Joint security team kills gunman at NIPSS, recovers AK-47 in Plateau
The military said the operations, conducted between June 26 and July 1, were part of ongoing efforts to dismantle terrorist enclaves. The post Troops Neutralise Terrorists, Foil Gunrunning, Recover Weapons In Plateau appeared first on Channels Television.
Rwanda, Mauritius, Morocco, Nigeria, Botswana and Ghana have strengthened regulatory quality and public financial management. Digital governance reforms, such as e-procurement, digital IDs and automated tax systems, are reducing leakages. Tax-to-GDP ratios are rising. Domestic re...
The Kano State Investment Promotion Agency (KANINVEST) and the Nigerian Commodity Exchange (NCX) have agreed to strengthen their partnership to read more Kano, NCX forge partnership to boost agribusiness, commodity markets
Governor Umar Namadi of Jigawa State has launched a N902 billion investment initiative to attract investors. This move signals the state's commitment to fostering a business-friendly environment.
The Independent Media and Policy Initiative (IMPI) asserts that President Bola Tinubu's economic model is more effective than those of past administrations. This claim highlights a positive shift in Nigeria's economic strategy under Tinubu's leadership.
According to data from the Central Bank of Nigeria (CBN), the indicative exchange rate for the market fell to ₦1,369 per dollar from ₦1,376 per dollar on Tuesday. The post Naira Appreciates To ₦1,369 appeared first on Channels Television.
Brent futures lost 77 cents or 1.1 per cent to $70.80 a barrel by 0256 GMT, while U.S. West Texas Intermediate crude fell 84 cents or 1.2 per cent to $67.74 a barrel. The post Oil Falls For Three Straight Days appeared first on Channels Television.