DAPPMAN has accused Dangote Refinery of disruptive fuel pricing amd also alleged its product sells at cheaper rate abroad than locally which has been denied.
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Dollar falls to N1,484 in official window, naira appreciates in parallel market
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FG suspends 4% FOB Customs charge after backlash, import costs to Drop
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FG orders immediate release of ₦250bn loan to farmers, targets food security
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Food prices: Rice, beans, garri crash in markets as Tinubu gives order to FEC
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Naira surges on CBN’s $29m intervention, analysts predict break below N1,500
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Aiming a blow at narcos, Colombia pays farmers to uproot coca
With cocaine production at an all-time high, Colombia's government is testing a pacific approach to its narcotics problem: paying farmers to uproot crops of coca, the drug's main ingredient. With high stakes for its crop replacement gamble, observers fear the government may be taken advantage of.
Meta sets deadline to fully automate advertising system on Facebook, Instagram: What you should know
Meta has announced a deadline for ads on its platforms to be fully AI-driven. This move has huge implications for business owners, ads managers and content creators.
Petrol marketers take bold step to curb losses as Dangote, NNPCL continue to reduce fuel prices
In response to the latest price cut from the Dangote Refinery, independent petrol marketers have formed an alliance that will help them minimise their losses.
CBN’s exchange rate changes as naira appreciates by N5 against dollar in official window
The Nigerian currency has reversed its losses against the dollar in the official foreign exchange market, gaining N5 in the official window on May 2, 2025.
How Nigeria grew oil and gas revenue by 70% in one year – CBN report
In this period, the price of global crude oil prices dropped and there were zero recorded domestic sales. See what earned Nigeria over N800 billion in oil revenue.
US judge cancels planned Boeing trial over 737 crashes
A US federal judge on Monday cancelled the planned trial of US aviation giant Boeing over crashes of its 737 MAX aircraft that left nearly 350 people dead. The case dates to a January 2021 Justice Department agreement with Boeing that settled charges that the company knowingly defrauded the Federal Aviation Administration during the MAX certification.
Swiss glacier collapse could cost huge sums: insurers
The dramatic collapse of Switzerland's Birch glacier, which wiped out a village, is an unprecedented disaster likely to cost hundreds of millions of dollars, the Swiss Insurance Association said Monday. On Wednesday, the Birch glacier collapsed, sending scree, ice and mud hurtling down into the Lotschental valley in Switzerland's southern Wallis region.
As Tesla stalls across Europe, sales rise in Norway
Tesla sales have rebounded in Norway this year, official figures showed Monday, bucking a broader European trend as consumers turn away from Elon Musk's electric car brand. "Looking at Tesla sales in Norway in May and for the year so far, we stand out from the rest of Europe, where sales of this brand have seen a noticeable decline," OFV director Oyvind Solberg Thorsen said in a statement.
Amazon price rules anti-competitive: German regulator
Amazon's pricing rules are an abuse of its market power, Germany's competition watchdog said Monday, paving the way for possible demands for changes to its business practices in Europe's biggest economy. Germany's cartel office began investigating Amazon's pricing rules in November 2022. vbw/sr/rl
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