‎Tinubu Appoints New Heads for SHESTCO, NEMSA ‎President Bola Ahmed Tinubu has approved the appointment of Hon. Magaji Da’u Aliyu as the Managing Director of the Sheda Science and Technology Complex (SHESTCO), Abuja, as part of fresh leadership changes across key federal agencies. ‎The President also...

Dangote Refinery Accuses Saboteurs of Plot to Undermine $20bn Facility Dangote Petroleum Refinery has accused “unpatriotic and unscrupulous individuals” of orchestrating a sophisticated misinformation campaign designed to undermine the $20 billion facility and preserve the country’s dependency on fuel imports, a trade that has enriched...

Dangote Refinery Cuts Petrol Price by ₦25 to ₦774 per Litre Dangote Petroleum Refinery has reduced the gantry price of premium motor spirit (PMS), commonly known as petrol, by N25 per litre, lowering the ex-depot rate from N799 to N774 per litre. The price cut was...

Nigeria Now Second-Largest Investment Banking Hub in Sub-Saharan Africa  In 2025, Nigeria maintained its status as a cornerstone of the West African financial landscape, ranking as the second-largest investment banking market in Sub-Saharan Africa. This was indicated in the Sub-Saharan Africa Investment Banking Review Full Year...

Nigeria to Cut Borrowing, Boost Domestic Revenue — Edun The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says Nigeria must reduce its dependence on borrowing and build a stronger, more reliable domestic revenue base to stabilise its finances and fund development...

CBN Approves BDC Participation in FX Market, Sets $150,000 Weekly Limit The Central Bank of Nigeria has approved the participation of licensed Bureau De Change operators in the Nigerian Foreign Exchange Market, allowing each BDC to purchase up to $150,000 weekly, according to a circular...