Consumer

Otedola spends N29.6bn to cement 20% grip on First HoldCo

Femi Otedola has tightened his grip on First HoldCo, acquiring 680 million shares in...

Nigeria headline inflation ticks up to 15.93% in May – NBS

Nigeria’s headline consumer inflation accelerated for a third consecutive month in May, fueled by...

Nigeria regulator orders compensation for Band A customers for power shortfalls

Nigeria's electricity regulator has ordered distribution companies to compensate Band A customers who were...

Fresh cooking gas spike fuels anger over energy poverty in gas-rich Nigeria

Nigeria’s fresh cooking gas crisis is again exposing one of the country’s deepest contradictions:...

CBN increases ATM card replacement fee, scraps maintenance charge

The Central Bank of Nigeria (CBN) has increased the fee for issuing or replacing...

Dangote Refinery cuts petrol price by N100 as global oil prices ease

Dangote Petroleum Refinery has reduced the depot price of petrol by ₦100 per litre...

Petrol prices jump nearly 30% in Nigeria since January

Petrol prices in Nigeria have surged by nearly 30% since late January, driven first...

Nigerian fuel marketers promptly raise petrol prices over Iran war

Nigerians are paying sharply higher prices for petrol after a spike in global crude...

Dangote Refinery raises petrol price by N100, gives reason

Nigeria’s Dangote Petroleum Refinery has raised the depot price of petrol by N100 to...

Nestlé recalls infant formula batches over toxin risk

Nestlé has issued a precautionary global recall of certain batches of infant and follow-on...

Dangote cuts retail petrol price to ₦740, seeks probe of Nigeria’s fuel regulator

Petrol will sell for as low as ₦740 per litre in parts of Nigeria...

FIFA blasted after 2026 World Cup ticket prices up sevenfold

FIFA is facing intense backlash after unveiling World Cup ticket prices that have surged...

Banks face probe over “illegal” deductions from Nigerians

Nigeria’s House of Representatives has opened a probe into commercial banks over accusations that...

DSTV says may remove CNN, Discovery, Food Network, Cartoon Network in 2026

MultiChoice has warned DStv subscribers that 12 Warner Bros. Discovery channels, including CNN International,...

Finally, Nigerians can get refunds after bank fraud as CBN sets new rules

Nigerians who lose money through their bank accounts to scammers may soon have a...

Dangote says petrol still too cheap in Nigeria, raising price hike fears

Africa’s richest man, Aliko Dangote, says petrol remains too cheap in Nigeria, even after...

Petrol nears ₦1,000 as depot owners exploit Dangote refinery supply glitch

Nigeria’s long-running battle with fuel scarcity has entered another round, this time, driven not...

NNPC explains sudden surge in cooking gas prices across Nigeria

Nigeria’s state oil company says the sudden jump in cooking gas prices is linked...

Ibom Air faces mounting backlash over treatment of passenger Emmanson

Ibom Air is facing mounting criticism and calls for investigation over its handling of...

Canal+ Acquires MultiChoice in $3 Bn Deal: Here’s what you need to know

French media conglomerate Canal+ has officially completed its landmark $3 billion acquisition of MultiChoice...