Nigeria’s construction sector is currently grappling with another wave of price increases as the cost of cement continues to climb across major markets. Builders, developers, and contractors are feeling the pressure as the price of…
NUPRC Praised for Transparent Disbursement of Frontier Exploration…
A regional energy policy organisation has applauded the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for its management of the Frontier Exploration Fund (FEF) and its cooperation with the Nigerian National Petroleum Company Limited (NNPC Ltd.).…
Lagos Govt Seals ShopRite Outlet Over Alleged Tax…
Operations at the Shoprite outlet located inside Ikeja City Mall in Lagos were temporarily halted after the Lagos State Internal Revenue Service (LIRS) enforced a closure order over alleged tax-related violations. Officials from the state…
USD to NGN Black Market & CBN Rates…
Nigeria’s foreign exchange market continues to draw attention as the naira–dollar exchange rate fluctuates across both the official and parallel markets. On December 10, 2025, currency traders in Lagos reported notable differences between the rates…
Lawmakers Warn of Rising Risks From Neglected Oil…
Nigeria’s oil and gas sector is currently experiencing a mix of optimism and concern as reforms introduced under the Petroleum Industry Act begin to reshape regulatory practices. While analysts highlight progress in transparency and oversight,…
Higher Pump Prices: Nigerians Favor NNPCL Over Dangote…
Recent developments in Nigeria’s fuel market suggest that many motorists are becoming increasingly sensitive to pump price differences, with several consumers reportedly favoring outlets linked to the Nigerian National Petroleum Company Limited over those distributing…
Paramount Challenges Netflix’s $72 Billion Warner Bros Discovery…
The battle for control of Warner Bros Discovery has intensified after Paramount Pictures launched an aggressive challenge to a recently announced takeover agreement involving Netflix. Paramount’s leadership confirmed that it has approached Warner Bros Discovery…
USD to NGN Exchange Rate for December 9,…
Foreign exchange activity in Nigeria continues to attract attention as traders and businesses monitor daily movements in the value of the naira against the United States dollar. On December 8, 2025, currency transactions in the…
CBN Issues Final Licenses to 82 Bureau De…
Nigeria’s foreign exchange market has entered a new regulatory phase following the decision by the Central Bank of Nigeria to grant final operating licences to 82 Bureau De Change operators. The approval, which took effect…