Felix Morka, Rufai Oseni Clash on Arise TV Over Tinubu’s Economic Record
The All Progressives Congress (APC) National Publicity Secretary, Felix Morka, and Arise TV presenter Rufai Oseni have clashed during a live television interview over President Bola Tinubu’s remarks at a campaign rally in Kaduna State. The heated…
CBN Approves JP Morgan Merchant Bank in Nigeria, Names Managing Director
The Central Bank of Nigeria (CBN) has granted JP Morgan approval-in-principle to establish a merchant bank in Nigeria, marking a significant step in the American financial institution’s plans to expand its presence in the country’s financial…
Fuel Subsidy Removal: Nigerians Not Benefiting From Increased Revenue, Laolu Akande Says
Former Senior Special Assistant on Media and Publicity to ex-Vice President Yemi Osinbajo, Laolu Akande, has said Nigerians are yet to feel the benefits of the increased revenue accruing to the federal and state governments following the removal of the…
Presidency Revives Obasanjo’s Criticism of Atiku Amid Tinubu Petrol Discount Row
The Presidency has renewed its criticism of former Vice President Atiku Abubakar, sharing a resurfaced video in which former President Olusegun Obasanjo questioned the ADC presidential candidate’s judgment and understanding of the responsibilities of…
Petrol Price Rises Again as MRS, Ranoil, AA Rano Increase Rates in Abuja
Dangote Refinery-backed MRS Oil Nigeria and other filling stations have increased their petrol pump prices in Abuja and its environs, reversing the recent downward trend in fuel prices. A market survey by DAILY POST on Sunday showed that MRS filling…
IMF Urges Nigeria, Other Countries to Replace Fuel Subsidies With Targeted Support
The International Monetary Fund (IMF) has urged Nigeria and other countries to replace blanket fuel subsidies with targeted financial assistance for vulnerable households, warning that keeping fuel prices artificially low is costly, regressive and…
Dangote Refinery IPO: Billionaire to Prioritise Investors with ₦50,000 or Less
Africa’s richest man, Aliko Dangote, has reaffirmed his commitment to prioritising small-scale investors in the planned initial public offering (IPO) of the $20 billion Dangote Petroleum Refinery, saying the initiative is designed to give ordinary…
Dangote Refinery Records $4.7bn Profit, Revenue Jumps 144% in Nine Months
Dangote Petroleum Refinery and Petrochemicals has reported a remarkable financial turnaround, recording $22.5 billion in revenue and $4.7 billion in net profit for the nine months ended September 30, 2026, compared with a net loss of $117.2 million in…
Lagos, Imo, Ondo Top Nigeria’s Food Inflation Ranking in September 2026
Lagos, Imo and Ondo recorded the highest annual food inflation rates among Nigerian states in September 2026, while Taraba and Yobe recorded negative rates, according to data from the National Bureau of Statistics (NBS). The figures highlight significant…
Naira Maintains Stability Against Dollar as Official, Parallel Market Rates Remain Steady
The Nigerian Naira maintained relative stability against the United States Dollar across the official and parallel foreign exchange markets, supported by steady liquidity conditions and sustained foreign exchange inflows. Data from the Nigerian Foreign…
