“Sanwo-Olu Vows To End Generator Reliance As Lagos Pursues Clean Energy Future”

Supreme Court Overturns N22tn Judgment Against Union Bank In Two-Decade Commercial Dispute 0

Supreme Court Overturns N22tn Judgment Against Union Bank in Two-Decade Commercial Dispute In a major legal victory for Union Bank, the Supreme Court of Nigeria has set aside a judgment by the Federal High Court that had awarded over N22 trillion against the bank and other parties in a protracted commercial dispute. The

Nigerian Tribunal Upholds $220M Fine Against Meta for Data Privacy Violations 0

BUSINESS

April 25, 2025

Nigerian Tribunal Upholds $220M Fine Against Meta for Data Privacy Violations In a landmark ruling, Nigeria’s Competition and Consumer Protection Tribunal has upheld a $220 million fine against Meta Platforms Inc. and its subsidiary, WhatsApp, over data privacy breaches that authorities say discriminated against Nigerian users. The decision, delivered by a three-member panel led by

World Bank Warns Of Rising Poverty In Nigeria: A 5-Year Surge Projected 0

World Bank Warns of Rising Poverty in Nigeria: A 5-Year Surge Projected A new report by the World Bank has cast a troubling spotlight on Nigeria’s economic trajectory, projecting a significant rise in poverty over the next five years. Released during the ongoing Spring Meetings of the International Monetary Fund (IMF) and the World Bank

IMF Projects Nigeria’s Inflation To Hit 37% By 2026 Amid Economic Pressures And Policy Concerns 0
- BUSINESS
- April 23, 2025
IMF Projects Nigeria’s Inflation to Hit 37% by 2026 Amid Economic Pressures and Policy Concerns Nigeria’s economic outlook has taken a sobering turn as the International Monetary Fund (IMF) forecasts a sharp rise in the country’s headline inflation to 37 per cent in 2026, a significant spike from the 26.5 per cent expected in 2025.
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Marketers Lament Losses As NNPC Slashes Petrol Prices Amidst Dangote Refinery Competition 0
- BUSINESS, SLIDE
- April 22, 2025
Marketers Lament Losses as NNPC Slashes Petrol Prices Amidst Dangote Refinery Competition Petroleum marketers across Nigeria are expressing growing concerns over financial losses following the recent reduction in the pump price of Premium Motor Spirit (PMS), also known as petrol, by the Nigerian National Petroleum Company Limited (NNPC). The price cuts, implemented at NNPC retail
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NNPCL Reduces Petrol Price in Abuja to ₦935 as Dangote Refinery Triggers Market Adjustment 0
- BUSINESS, SLIDE
- April 20, 2025
NNPCL Reduces Petrol Price in Abuja to ₦935 as Dangote Refinery Triggers Market Adjustment In a move that signals a shift in Nigeria’s fuel pricing dynamics, the Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (PMS), commonly known as petrol, at its retail outlets in the Federal Capital
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