The Nigerian Communications Commission (NCC), has given telecommunications operators a fresh mandate to foster an industry that is not devoid of quality of service. According to its New Year Message, issued by the Executive Chairman of the NCC, Dr Aminu Maida, the Commission noted that the operators remain the engine of investment and innovation in […]
Read MoreThe Independent Petroleum Marketers Association of Nigeria (IPMAN) has voiced strong opposition to the continued importation of Premium Motor Spirit (PMS) into the country. The association also distanced itself from reports suggesting that the surge in petrol imports in November 2025 was linked to a breakdown in supply arrangements between Dangote Refinery and petroleum marketers, […]
Read MoreThe Chairman of Dangote Industries Limited (DIL), Aliko Dangote, through his legal representative, has filed a formal corruption petition against former Managing Director of the Midstream Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission (EFCC). This move follows the withdrawal of the same petition from the […]
Read MoreThe Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), have drawn up a framework to tackle consumer complaints arising from unsuccessful airtime and data transactions during network downtimes, system glitches, or human input errors. A statement issued by the Head, Public Affairs of the NCC, Mrs Nnena Ukoha, disclosed that the framework […]
Read MoreThe recently announced reduction in the pump price of Premium Motor Spirit (PMS) to ₦699 per litre, alongside a drastic cut in the minimum purchase requirement from two million litres to 250,000 litres is making the Dangote Refinery the hub of fuel distribution in Nigeria. These measures underscore Dangote Refinery’s commitment to stabilising supply, fostering […]
Read MoreShowmax, Africa’s streaming service, has expanded its payment options in Nigeria through a partnership with Baxi by Onafriq, giving customers an easier and more convenient way to subscribe and stay connected to world-class streaming entertainment. Starting Monday, 22 December 2025, existing Showmax customers can log into the Baxi by Onafriq app, select and pay for […]
Read MoreThe Group Chief Branding and Communications, Dangote Group, Anthony Chiejina, has been named to the prestigious 2025 Influence 100, reaffirming his standing as one of the most consequential communications leaders in the world and the only Nigerian on this year’s list. The recognition marks Chiejina’s fifth consecutive appearance on the global ranking, having previously been […]
Read MoreDangote Petroleum Refinery has dismissed reports claiming the refinery is shutting down for maintenance, describing the story as false and misleading. In a statement released on Monday, the refinery emphasised that production remains ongoing, stable, and uninterrupted. “Dangote Petroleum Refinery continues to operate at scale and retains the capacity to supply between 40 million and […]
Read MoreEcobank Nigeria Limited has fully repaid bondholders who validly tendered their notes ahead of the February 2026 maturity date. The bank announced the successful completion of its tender offer, under which it prepaid approximately US$245 million of its US$300 million Eurobond, representing more than 80 per cent of the total issuance. The transaction relates to […]
Read MoreFirst HoldCo Plc has said its commercial banking subsidiary, First Bank of Nigeria (FirstBank), has successfully met the Central Bank of Nigeria’s (CBN) minimum capital requirement of ₦500 billion. This milestone was achieved following the completion of a series of strategic capital initiatives, including a Rights Issue, a Private Placement, and the injection of proceeds […]
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