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Category: Business

Business Economy headline

There was political pressure to keep NNPC refineries running despite huge losses

Iheanyi Ejiofor February 5, 2026 No Comments #NNPC #political pressure #Bayo Ojulari

The group chief executive officer (CEO) of the Nigerian National Petroleum Company (NNPC) Limited, Bayo Ojulari on Wednesday said the Warri, Port Harcourt, and Kaduna refineries were shut down because they were…

Read More There was political pressure to keep NNPC refineries running despite huge losses
Business Economy headline

Dangote Refinery refutes import claims, says allegations false, misleading

Iheanyi Ejiofor February 4, 2026 No Comments #Dangote refinery

-Reaffirms Commitment to Delivering Euro‑Standard Fuel to Nigerians Dangote Petroleum Refinery & Petrochemicals (DPRP) has firmly denied reports suggesting that it imports finished petroleum products, describing the claims as incorrect…

Read More Dangote Refinery refutes import claims, says allegations false, misleading
Business Economy headline

Obi warns against Tinubu’s fiscal recklessness

Iheanyi Ejiofor February 3, 2026 No Comments #Peter Obi #Tinubu #fiscal recklessness

The Presidential candidate of the Labour Party in the 2023 general election, Peter Obi has raised alarm over Tinubu government’s approach to budgeting, which continues to perpetuate a trend of…

Read More Obi warns against Tinubu’s fiscal recklessness
Business Economy headline

CBN Publishes Fintech Report: Shaping the Future of Fintech in Nigeria

Iheanyi Ejiofor February 2, 2026 No Comments #CBN #Fintech

The Central Bank of Nigeria has released a comprehensive assessment of Nigeria’s fintech landscape, outlining the priorities needed to sustain innovation, strengthen system integrity, and support the next phase of…

Read More CBN Publishes Fintech Report: Shaping the Future of Fintech in Nigeria
Business Economy headline

FG, States, LGs share ₦1.96trn December 2025 federation account revenue

Iheanyi Ejiofor February 2, 2026 No Comments #Federation Account Allocation Committee (FAAC) #revenue allocation

A total sum of ₦1.969 trillion, being the December 2025 Federation Account Revenue, has been shared to the Federal Government, States, and the local government councils. The revenue was shared…

Read More FG, States, LGs share ₦1.96trn December 2025 federation account revenue

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