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Business
635 stories
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Tinubu appoints new board of Bank of Industry
President Bola Tinubu appointed thirteen individuals to the board of the Bank of Industry Limited on Monday. This was disclosed in a statement by the Special Adviser to…
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NNPCL to be sole buyer of Dangote refinery oil- Report
Dangote Refinery has commenced the production of premium motor spirit or petrol, positioning the Nigerian National Petroleum Company Limited as its first exclusive buyer. According to a recent…
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PIA: Petroleum Minister, Ekpo directs immediate establishment of HCDTF in Akwa Ibom
The Minister of State for Petroleum Resources, Gas, Ekperikpe Ekpo, has urged the NNPC Exploration & Production Limited, NEPL and Natural Oilfield Services Limited, NOSL to expedite the…
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AfricaSouth Africa’s Johan Rupert overtakes Dangote as Africa’s richest man
South African luxury goods magnate Johann Rupert has become Africa’s wealthiest person, overtaking Nigeria’s Aliko Dangote, who previously held the top position. Rupert, 74, controls the world’s largest…
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Reason for outage in Akwa Ibom – Ibom Power MD Etukudo
The Managing Director of Ibom Power, Meyen Etukudo, has attributed the power outage experienced in the state over 12 days to the collapse of a conductor from Aba…
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Chinese investors seize another Nigerian jet in Canada
Chinese firm on a confiscation blitz of Nigerian assets has finalised repossession of a luxury jet owned by the West African country in Canada. Zhongshang Fucheng Industrial Investment…
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Oil producers reject mandate to sell crude to local refineries
Oil producers, under the aegis of the Independent Petroleum Producers Group, IPPG, have warned against being forced to sell crude oil to the Dangote Refinery and other local…
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FG to begin sales of crude oil to Dangote, others in naira from October 1
The Federal Government has announced that crude oil sales to Dangote Refinery and other local refineries will begin October 1, 2024. Wale Edun, Minister of Finance and Coordinating…
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Expose thieves, criminal gangs stealing Nigeria’s oil, Elemelu tells FG
Billionaire Nigerian businessman, Tony Elumelu, has challenged the federal government and security agents to expose the oil thieves ferrying out the country’s crude. He gave the challenge in…
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Akwa Ibom Is A Model Of Good Governance, With Ibomair, Nest of Champions, Ibom Hotel, Others
Akwa Ibom State Government has within its 37 years of existence set a model of Good Governance in Nigeria for others to emulate. With such trailblazing feats as:…