Fuel marketers are lamenting low sales following the nationwide rollout of petrol by Dangote Refinery at N739 per litre. Marketers, who spoke to Daily Sun in separate interviews, said the price drop was negatively affecting their sales. Investigations across MRS filling Read more…
The Peoples Redemption Party (PRP) has described the alleged discrepancies between the tax laws passed by the National Assembly and the gazetted versions as an unforgivable breach of trust, mockery of the Nigerian people, and open assault on the integrity Read more…
Banks across the country have raised fresh warnings to customers over the rising risk of digital fraud linked to the use of public Wi-Fi networks for banking and payment transactions, particularly during the festive season when electronic spending typically surges. In Read more…
The President of Dangote Group, Dr Aliko Dangote has given a Kaduna based businessman Kailani Mohammed a 7-day ultimatum to retract a libelous publication made against him and his business or face N100Bn suit. Dangote, in a letter to the Read more…
The Central Bank of Nigeria (CBN) has ordered banks and other financial institutions to introduce multi-factor authentication (MFA) for transactions conducted with foreign-issued payment cards, in a key move to strengthen security, curb fraud, and improve the experience of tourists Read more…
The Naira on Friday recorded the highest depreciation against the United States Dollar this week at the official foreign exchange amid a drop in Nigeria’s external reserves. The Central Bank of Nigeria’s data on Friday showed that the naira significantly Read more…
President Bola Tinubu has proposed N5.41 trillion for security in the 2026 budget, making it the single largest allocation. Tinubu revealed this on Friday while presenting the N58.18 trillion 2026 Appropriation Bill to a joint session of the National Assembly. Read more…
The House of Representatives on Thursday constituted an ad hoc committee to probe the alleged discrepancies in the tax reforms passed by the parliament and the official gazetted copy currently in circulation across government agencies. This was as the Peoples Read more…
It’s rare to find a multibillionaire who hasn’t had nasty battles. Yet, as battles go, the fight between Aliko Dangote, the founder of the Dangote Refinery, and the CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Read more…
Washington said the move would undermine talks with Moscow on the Ukraine peace deal, according to the Polish PM The US has told the EU to “leave the [frozen] Russian assets alone” as any appropriation of the funds could undermine talks with Read more…
Engineer Farouk Ahmed has resigned as the Chief Executive Officer (CEO) of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), prompting President Bola Ahmed Tinubu to nominate a successor and seek Senate approval. The development was announced in a Read more…
The 2023 presidential candidate of the Labour Party, Peter Obi, has called for declaration of emergency on workers’ welfare and youth unemployment. Obi made this call in a statement posted on his verified X handle on Wednesday. He said that Read more…