BUSINESS TECHNOLOGY

Thrifto Goes Public: Nigeria’s Trusted Digital Platform for Group Savings Launches Nationwide

Daily Dispatch December 16, 2025

Thrifto, a Nigerian financial technology platform reinventing traditional group savings, has officially launched to the public, offering safeguarded group savings with guaranteed payouts for salary earners and traders. After a successful soft launch to family and friends, Thrifto is now opening

BUSINESS

Oil marketers face massive monthly losses of ₦102.48 in a brutal petrol price war with Dangote Refinery.

Daily Dispatch December 16, 2025

Petroleum importers and marketers in Nigeria are reeling from substantial financial losses amid an intensifying price war triggered by Dangote Petroleum Refinery’s sharp reduction in petrol prices. The refinery slashed its gantry price from ₦828 per litre to ₦699 per litre, forcing competitors to follow suit and resulting in projected monthly losses of up to […]

BUSINESS

Sterling Bank Champions Collective Action to Accelerate Nigeria’s Renewable Energy Transition

Daily Dispatch December 16, 2025

Sterling Bank Limited has brought together stakeholders in the renewable energy industry to explore ways to accelerate action in the sector. The premier colloquium, held in Lagos on Monday, aimed to identify priority areas for action to increase energy access and drive economic growth in the quest to attain a one trillion-dollar economy. Managing Director […]

BUSINESS

Nigeria beats inflation target as price pressures ease for eighth straight month

Daily Dispatch December 15, 2025

Nigeria’s inflation outlook continues to improve, with the National Bureau of Statistics (NBS) reporting a further decline in headline inflation to 14.45 percent in November 2025, reinforcing growing macroeconomic stability. The latest Consumer Price Index (CPI) report released on Monday confirms that inflation has now fallen for eight consecutive months, pushing the rate

BUSINESS

Union Bank honoured as best in workplace practice at prestigious SERAS awards

Daily Dispatch December 15, 2025

Union Bank of Nigeria has secured another prestigious accolade, being named Best Company in Workplace Practice at the Sustainability, Enterprise and Responsibility Awards. The ceremony took place on Saturday 29 November 2025 at the Grand Ballroom, Oriental Hotel, Victoria Island, Lagos.This significant achievement follows a comprehensive assessment by SERAS multinational

BUSINESS

Filling Stations to Dispense Petrol at N739 From Tuesday — Dangote

Daily Dispatch December 15, 2025

Petrol prices across Nigeria are set to drop to N739 per litre from Tuesday, according to Aliko Dangote, President of the Dangote Group. Dangote disclosed this while speaking on efforts to stabilise fuel supply and pricing following the commencement of large-scale production at the Dangote Petroleum Refinery. He said the price reduction is aimed at […]