Category: Business

Nigeria’s energy security and industrial development could witness a major transformation as the Nigerian National Petroleum Company Limited deepens collaboration with the Dangote Petroleum Refinery & Petrochemicals, according to the company’s Group Chief Executive Officer, Bashir Bayo Ojulari. Speaking during a weekend visit by NNPC leadership to the 650,000-barrels-per-day refinery and Dangote Fertilisers complex in…

February 19, 2026 — SUNTV Global Channel | Investigations Desk A major corruption scandal is unfolding inside Nigeria’s foreign service system, as senior officials at the Nigeria Technical Aid Corps (NTAC) face explosive allegations of financial diversion, abuse of office, and illegal tenure extension. The controversy has placed the agency’s Director-General, Yusuf Buba Yakub, and…

By SUNTV Global Channel | February 5, 2026 Dangote Refinery has cautioned that petrol pump prices across Nigeria could approach ₦1,000 per litre if fuel marketers increasingly rely on coastal shipping to evacuate products and pass the additional logistics costs to consumers. The refinery issued the warning while explaining its fuel production and distribution framework,…

By SUNTV Global ChannelJanuary 31, 2026 Some petroleum marketers, industry experts, and labour unions in Nigeria’s downstream oil sector have raised fresh concerns over what they describe as unstable pricing and structural risks associated with the Dangote Petroleum Refinery, warning that the situation could escalate into a broader economic crisis if left unchecked. Speaking to…

By SUNTV Global Channel | January 26, 2026 Global oil prices moved higher on Monday, extending gains from last week, as harsh winter conditions disrupted crude production in key U.S. oil-producing regions while rising geopolitical tensions added fresh pressure to the market. Brent crude futures climbed 42 cents, or 0.7%, to trade at $66.30 per barrel by…

By SUNTV Global Channel | January 14, 2026 Dangote Petroleum Refinery Plc has assured Nigerians that fuel scarcity is now a thing of the past, declaring that the country has officially transitioned from petrol shortages to fuel abundance. The assurance was given on Wednesday in Lagos by the newly appointed Managing Director of the refinery,…

By SUNTV Global Channel | January 12, 2026 Asian stock markets climbed on Monday while the US dollar weakened as investors digested news that the US Justice Department has subpoenaed the Federal Reserve, raising concerns about the central bank’s independence and spotlighting mounting political pressure in the United States. The subpoena, confirmed by Federal Reserve…

By SUNTV Global Channel | January 2, 2026 Air Peace has agreed to refund passengers affected by the controversial Lagos–Jamaica trip that left several Nigerians stranded and deported from Barbados, following the intervention of Nigeria’s aviation regulator, the Nigeria Civil Aviation Authority (NCAA). The confirmation was made on Friday by the NCAA’s Director of Public…

  SUNTV Global Channel, January 2, 2026  Nigeria spent a staggering N1.4 trillion importing prepared foodstuffs, beverages, and vegetable products between July and September 2025, according to data released by the National Bureau of Statistics (NBS). The figures reveal the country’s continued dependence on foreign food supplies despite repeated government promises to boost local production. Prepared foodstuffs, beverages, spirits,…

Enugu, December 31, 2025 – In an incident that has left residents shocked and angry, Mrs. Ukamaka Agbo, a widow from Ebonyi State, was brutally attacked by rival traders at Gariki Market, Afor-Awkunanaw, Enugu State, while selling donkey meat to sustain her family. The attack, which occurred around 6pm on Tuesday, involved machetes and knives, leaving…