Motorists in Lagos have begun flocking to MRS Oil filling stations as the company started dispensing Premium Motor Spirit (petrol) at ₦739 per litre, following a sharp reduction in the ex-depot (gantry) price by the Dangote Petroleum Refinery. The price cut, which took effect in parts of Lagos
BUSINESS
The Federal Government has recorded a major revenue shortfall in the 2025 fiscal year, missing its target by about N30 trillion, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has disclosed. Edun made this known during an interactive session with the House of Representatives Committees on Finance and National Planning, convened […]
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 access to the wider public, providing a secure, transparent, and bank-backed
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 […]
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 […]
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











