•Kaduna Refinery The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has once again emphasised the urgent need to consolidate and strengthen Nigeria’s domestic refineries through the provision of adequate and consistent crude oil supply. The call came on the heels of the crisis in the Middle-East that has affected the...
The Dangote Petroleum Refinery has announced a new petrol petrol, an increase by over N100 per litre. The changes followed the rise in crude oil price to $80 per barrel in the international market. Marketers, including MRS Oil Nigeria Plc and Ardova Plc, will now have to adjust their pump prices. The new price was […]
•National Bureau of Statistics Investment in Nigeria’s production and manufacturing sector has plunged sharpÂly, even as overall capital inflows into the country surged to record levels, exposing deep structural weaknesses in Africa’s largest economy and prompting a fresh government push to revive industrialiÂsation. Data released by the Natio...
•Dave Nwosu: The Top CEO Driving Operational Excellence and Strategic Vision at Nevadic Limited Engr. Dave Chibuike Nwosu is a mechanical engineer, energy innovator, and business leader whose career spans upstream oil and gas, renewable energy, and strategic project management. As Founder and Chief Executive Officer of Nevadic Limited, he has ...
•Bags of cement Consumers and builders across several states are groaning under the weight of fresh increases in cement prices, with a bag now selling between N10,500 and N11,000 in many parts of the country. Market surveys conducted in Kwara, Abuja, Kano, Kaduna, Jigawa and other northern states indicate that the upward review has become [&he...
•Heritage Bank and NDIC The Nigeria Deposit Insurance Corporation (NDIC) has explained how depositors are compensated when banks fail, clarifying that insured payments are capped under existing laws. Speaking during the 2026 budget defence before the House of Representatives Committee on Insurance and Actuarial Matters, NDIC Managing Director,...
•Shea nuts The federal government’s temporary ban on raw shea nut exports has led to a sharp decline in income for rural womÂen involved in the shea value chain, with many still unable to sell their produce months after the policy was introduced. The federal government announced a six-month temporary ban on the export of […]
The Airline Operators of Nigeria (AON) has criticised the Federal Competition and Consumer Protection Commission (FCCPC) over its interim report, which alleges an airfare hike by domestic airlines. The AON described the FCCPC’s claim as harmful to the survival of airlines and based on a flawed understanding of the industry’s economics, reports...
•Governor of the Central Bank of Nigeria, Olayemi Cardoso Banks have raised N4.05tn in verified and approved capital ahead of the March 31, 2026, recapitalisation deadline set by the Central Bank of Nigeria. The CBN Governor, Olayemi Cardoso, disclosed this yesterday during the Monetary Policy Committee briefing in Abuja, saying, “As of Febru...
•CBN Governor, Yemi Cardoso and CBN logo The Central Bank of Nigeria has cut the interest rate by 50 basis points to 26.50 percent from 27 percent. Nigeria’s apex bank announced this during its 304th Monetary Policy Committee (MPC) meeting held in Abuja today, reports Channels TV. The CBN Governor, Olayemi Cardoso, said all members […]...
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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