“Petrol production now N600 per litre”: Retailers group criticizes Dangote Refinery pricing
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has raised concerns over the Dangote Refinery's pricing strategy for petrol, arguing that it...
Guinness Nigeria increases prices of products; Malta Guinness now N700
Guinness Nigeria has raised prices for several of its popular alcoholic and non-alcoholic beverages, citing economic pressures impacting business operations.
In a memo dated November...
Explainer: What next for customers after Heritage Bank collapse?
On Monday, the Central Bank of Nigeria (CBN) revoked the licence of Heritage Bank due to its prolonged struggle with non-performing loans.
The regulator said...
Exclusive: NAFDAC misleads Nigerians on Nestlé sugar controversy
A claim by Nigeria’s food and drug regulator about the absence of Nestlé's top children formula with elevated sugar levels in the Nigerian market...
More electricity customers moved to Band A as tariff reduced nationwide
The federal government has reduced the electricity rate for top tier users, weeks after it approved a huge 231% price increase.
The Nigerian Electricity Regulatory...