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FCMB kicks off its 10th season of the Millionaire Promo, offering N1m prizes to winners across Nigeria, with draws until September 2025.  First City Monument Bank (FCMB) has officially launched the 10th season of its highly anticipated...
Banks in the FCT have increased their over-the-counter withdrawal limit to N50,000, up from N5,000, improving cash access for customers.  Deposit Money Banks in the Federal Capital Territory (FCT) have increased their maximum over-the-counter withdrawal limit...

Pinnacle oil and NNPC deny Dangote’s allegations of importing substandard fuel

Pinnacle Oil refutes Dangote’s claims of substandard fuel imports, defending its rigorous testing processes alongside SON and NMDPRA oversight.  The Standards Organisation of Nigeria...

Dangote refinery begins direct petrol sales to marketers, bypassing NNPC

The Dangote refinery has begun direct petrol sales to oil marketers, bypassing the NNPC as competition and market efficiency improve.  The Dangote Petroleum Refinery has...

Nigerian National Petroleum Company to supply crude oil in Naira to Dangote refinery starting October 1

The Nigerian National Petroleum Company (NNPC) will begin supplying crude oil in naira to the Dangote Petroleum Refinery on October 1, 2024, marking a...

Fuel scarcity worsens as empty tankers queue at Lagos depots awaiting petrol supply

Nigeria's ongoing fuel scarcity has reached a critical point, with empty tankers lining up at various depots in Lagos, awaiting the loading of Premium...

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