•Cryptocurrency Nigeria’s $92 billion virtual asset market, built overwhelmingly by young Nigerians and now the largest in Sub-Saharan Africa, risks being driven offshore by the new Guidelines on the Taxation of Virtual Assets, the Digital Assets Coalition warned yesterday as it published its formal position paper on the framework, which came ...
•Nigeria Labour Congress, NLC Eighty-eight years after trade unions gained legal recognition in Nigeria, labour leaders have expressed concern over the worsening economic conditions confronting workers, saying rising inflation and the cost of living have eroded the value of workers’ earnings. The labour leaders stated this today at the Nigeria...
Managing Director of Sunbeth Energies Limited, Lateef Abioye, described the operation of Nigeria’s first self-service fuel station as a direct response to issues plaguing Nigeria’s downstream petroleum industry. “This is about transparency, convenience, and empowering the customer. No more disputes, no more waiting on attendants. The customer ...
•Late President Muhammadu Buhari and Nigerian Senate The Senate’s sweeping investigation into Nigeria’s oil and gas finances deepened yesterday after startling revelations showed that the country spent a staggering N1.16 trillion on fuel subsidy in 2021 during the Administration of late President Muhammadu Buhari, while lawmakers threatened to...
•Aliko Dangote President and Chief Executive of Dangote Industries Limited, Aliko Dangote, has held discussions with Canada’s Prime Minister, Mark Carney, on opportunities to strengthen investment partnerships and deepen economic cooperation between Canada and Africa. The meeting focused on expanding investment opportunities in Canada and expl...
The Dangote Petroleum Refinery says it has reduced the ex-depot prices of Premium Motor Spirit (petrol) and Automotive Gas Oil (diesel) as part of efforts to make petroleum products more affordable. Under the new pricing structure, the refinery reduced the price of petrol from N1,215 per litre to N1,165, representing a N50 reduction, while die...
•Ayobami Olatunji and stockfish head With a stockfish market value of over $400 million and an annual import of more than 160,000 metric tonnes, Nigeria imports its stockfish mainly from Iceland and Norway. Market survey shows that as of January 2026, the price of medium-sized stockfish was ₦15, 000, dropping to ₦11, 500 in August. […]...
•Aliko Dangote In a move that will double the facility’s production capacity from six million to 12 million metric tonnes annually, Dangote Industries Limited has signed a Memorandum of Understanding (MoU) valued at over $800 million with Sinoma International Engineering Co. Ltd. to expand the Dangote Cement plant in Itori, Ogun State. The agr...
The naira opened the week with a relatively stable performance against the United States dollar at both the official Nigerian Foreign Exchange Market (NFEM) and the parallel market today, Monday, August 3, 2026. Data published by the Central Bank of Nigeria showed that the official NFEM rate was trading around ₦1,368 per dollar, with the [&hel...
•Residential buildings at Zone C, Apo resettlement in the Federal Capital Territory, Abuja Tenants in the federal capital territory have expressed concerns over the rising prices of rents, while accusing landlords of using the current infrastructure development across the FCT to exploit them. A cross section of residents who spoke to our corre...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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