Category: Business & Industry

Jul 15
Dangote Refinery Switches Petrol to Dollar Pricing at $0.779 Per Litre

Dangote Petroleum Refinery has ended naira-based pricing for Premium Motor Spirit (petrol), fixing its gantry ex-depot price at $0.779 per litre under a new dollar-denominated framework for refined products effective July 13, 2026. At the official exchange rate of N1,380.50 to the dollar, the new reference price translates to roughly N1,075.61 per litre — but […]

Jul 15
Nigeria’s Food Services Industry Projected to Reach $19.3bn by 2030

Nigeria’s food services industry is projected to nearly double in value over the next five years — from an estimated $11.09 billion in 2025 to $19.31 billion by 2030 — according to a new study by fintech company Moniepoint titled “What it Takes to Feed Nigeria Everyday.” The report forecasts average annual growth of 11.73 […]

Jul 14
Learn Before You Leap: Expert Cautions Young Nigerians on Crypto Investing

Cryptocurrency expert Sunusi Danjuma Ali has urged young Nigerians to build a solid understanding of blockchain technology and risk management before putting money into digital assets. Speaking in Abuja, Ali laid out strategies for safer participation in the crypto market — with education as the non-negotiable first step. The advice lands in one of the […]

Jul 14
Court Backs FCCPC’s Power to Probe Air Peace Over Ticket Pricing

A court has ruled that the Federal Competition and Consumer Protection Commission (FCCPC) acted lawfully in investigating Air Peace over airfare complaints — another legal defeat for the airline in its long-running pushback against the regulator. The ruling affirms the FCCPC’s authority to investigate consumer complaints and examine pricing practices in the aviation sector. The […]