Tinubu’s “Buy Nigerian or Get a Waiver” Policy Takes Effect

President Bola Tinubu has launched the Renewed Hope Nigeria First Policy, mandating all government Ministries, Departments, and Agencies (MDAs) to prioritize Nigerian-made goods and services. The policy, approved by the Federal Executive Council (FEC) on May 6, 2025, aims to boost local industries and reduce reliance on imports. Under the…

Sterling Bank Eliminates Online Transfer Charges, Sets Industry Benchmark

In a groundbreaking move, Sterling Bank has announced the removal of transfer fees for all local online transactions, effective immediately. This decision positions Sterling as the first major Nigerian bank to abolish these charges, a long-standing issue in digital banking. The announcement, made on April 1, initially sparked skepticism, with…

Petrol Prices May Drop Below ₦500 Per Litre In 2025 – Marketers

Lagos, Nigeria – January 5, 2025: Industry experts have predicted a significant reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, in 2025. According to the Independent Petroleum Marketers Association of Nigeria (IPMAN), petrol prices may drop below ₦500 per litre, a substantial decrease from the current range of ₦900 to ₦950 per litre.

The National Public Relations Officer of the Independent Petroleum Marketers Association of Nigeria (IPMAN), Mr. Ukadike Chinedu (more…)

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Dangote reduces petrol pump price to N899 per litre

Lagos, Nigeria – December 19, 2024 In an attempt to stabilise the fuel market and provide relief to consumers, Dangote Refinery has announced a reduction in the price of Premium Motor Spirit (PMS), commonly known as petrol, to N899 per litre. This price cut comes just in time for the…

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