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Saturday, February 22, 2025
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Fitch warns of mergers, license downgrades for Union bank, others

Ali Adoyi -
Global credit rating agency Fitch Ratings has cautioned that Union Bank of Nigeria (UBN) and other smaller financial institutions may face mergers, acquisitions, or...
Business

Naira appreciates to N1,555/$ in parallel market, declines to N1,512/$ in NFEM

Ali Adoyi -
The Naira gained value in the parallel market, rising to N1,555 per dollar on Monday, up from N1,570 per dollar last week Friday. On the...
Business

Airtel increases data, call tariffs amid rising costs

Ali Adoyi -
Airtel Nigeria has adjusted its data and call tariffs, implementing price increases on various plans, with some data bundles experiencing up to a 50%...
Business

Naira strengthens to N1,565/$ in parallel market

Ali Adoyi -
The Naira appreciated in the parallel market on Thursday, trading at N1,565 per dollar, up from N1,570 per dollar recorded the previous day. However, in...
Business

MTN Nigeria apologizes for data price hike, calls it a mistake

Ali Adoyi -
MTN Nigeria has issued an apology for its decision to increase the price of its 15GB weekly data bundle by 200 percent. The telecom giant...
Business

BREAKING: NNPC adjusts petrol price to N945, directs filling stations to implement change

Ali Adoyi -
The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of petrol at its retail outlets, lowering it from N960 to N945...
Business

FG takes full ownership of Keystone Bank after court ruling

Ali Adoyi -
A Lagos State Special Offences Court has ordered the forfeiture of all shares previously held by Sigma Golf Nigeria Limited and Alhaji Umaru H....
Business

Again, Dangote Refinery cuts diesel price

Ali Adoyi -
Dangote Petroleum Refinery & Petrochemicals has further reduced the price of diesel to ₦1,020 per litre, down from ₦1,075 per litre, in an ongoing...
Business

Nigerians lament as MTN increases data cost of 15GB from N2K to N6K

Ali Adoyi -
Nigerians have in numbers voiced their displeasure following the announcement by the network service provider, MTN, regarding the increase in the cost of the...
Business

MRS oil reduces petrol price amid Dangote Refinery’s adjustment

Ali Adoyi -
MRS Oil has lowered the price of Premium Motor Spirit (PMS), commonly known as petrol, in Lagos State from ₦970 to ₦925 per litre. This...
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