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Category: Business

  • Business

Petrol Price Hits N1,900 Per Litre in Nigeria

ALO3604 weeks ago4 weeks ago04 mins

Petrol depot prices hit N1,900 per litre in Port Harcourt as diesel prices surge in Warri, despite lower pump prices at some Lagos filling stations.

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  • Business
  • Politics

Petrol Could Hit ₦2,000 as Dollar May Reach ₦3,000, FG Warns Against Fuel Subsidy Return

ALO3601 month ago1 month ago03 mins

The Federal Government warns that petrol could hit ₦2,000 per litre and the dollar ₦3,000 if Nigeria restores fuel subsidy.

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  • Business

FG Announces 30-Day Petrol Discount Through NNPC

ALO3601 month ago1 month ago03 mins

The Federal Government has announced a 30-day petrol discount at NNPC stations, prioritising public transport operators to ease rising fuel costs.

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  • Business
  • Politics

First Niger Bridge Set to Reopen This Week — What Motorists Need to Know

ALO3601 month ago1 month ago03 mins

The First Niger Bridge may reopen this week as major rehabilitation works near completion, offering relief to motorists and commuters.

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  • Business

PH Refinery Workers Threaten Shutdown Over Unpaid Salaries

ALO3601 month ago1 month ago04 mins

PH Refinery workers have threatened to shut down the facility over seven months of unpaid salaries and delayed salary structure

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  • Business
  • Politics

$42,000 Per Trip: Politicians Fuel Private Jet Boom Ahead of 2027 Elections

ALO3601 month ago1 month ago05 mins

Nigerian politicians are increasingly turning to private jets for 2027 campaign trips, with charter costs reaching $42,000 per journey.

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  • Business

CBN Cuts MPR to 23% to Boost Production

ALO3601 month ago1 month ago04 mins

CBN has cut its Monetary Policy Rate to 23% to boost production, business investment and economic growth while keeping inflation under control.

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  • Business

FG Opens 2026 Oil Bid, Offers 40 Blocks to Investors

ALO3601 month ago1 month ago05 mins

The Federal Government has opened the 2026 oil licensing round, offering 40 blocks to investors across land, shallow water and deepwater terrains.

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  • Business

Fuel Subsidy: Keyamo Reveals How Nigeria Raised $500m for Aviation

ALO3601 month ago1 month ago03 mins

Fuel subsidy removal has helped unlock $500 million for major aviation infrastructure projects, including the Lagos airport rebuild, according to Aviation Minister Festus Keyamo

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  • Business

Nigerians’ Personal Loans Hit N2tn as Borrowing Rises

ALO3601 month ago1 month ago08 mins

Nigerians’ personal loans climbed to N2.06tn in May 2026 as rising living costs and financial pressure pushed more households to rely on credit for everyday needs

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Recent News

  • Cleric Alleges Obasanjo Gave Oil Wells to Oyedepo, Adeboye, Kumuyi; Churches Deny Claims
  • Tinubu Says Morally Deficient People Should Not Hold Public Office, Accuses Atiku
  • Obi Challenges Tinubu to Account for ₦15.8tn Subsidy Savings, $100bn Loans
  • Buhari Promised Me APC Presidential Ticket in 2022, Amaechi Claims
  • INEC Suspends Staff Annual Leave Ahead of 2027 Elections

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Politics

Tinubu Says Morally Deficient People Should Not Hold Public Office, Accuses Atiku

Tinubu Says Morally Deficient People Should Not Hold Public Office, Accuses Atiku

Obi Challenges Tinubu to Account for ₦15.8tn Subsidy Savings, $100bn Loans

Obi Challenges Tinubu to Account for ₦15.8tn Subsidy Savings, $100bn Loans

Tech & Innovation

Binance cryptocurrency exchange logo following a $6.3bn cyberattack and customer withdrawals.

Binance Users Withdraw $3.6bn After $6.3bn Cyberattack

FG Approves New Power Grid to Tackle Frequent Grid Collapses

FG Approves New Power Grid to Tackle Frequent Grid Collapses

Health & Wellness

Cleric Alleges Obasanjo Gave Oil Wells to Oyedepo, Adeboye, Kumuyi; Churches Deny Claims

Cleric Alleges Obasanjo Gave Oil Wells to Oyedepo, Adeboye, Kumuyi; Churches Deny Claims

Tinubu Says Morally Deficient People Should Not Hold Public Office, Accuses Atiku

Tinubu Says Morally Deficient People Should Not Hold Public Office, Accuses Atiku

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