Business

TotalEnergies Marketing Nigeria Plc posted a better-than-expected result in the fourth quarter of 2023, exceeding its revenue and profit projections. The 2023 unaudited financial statement of the oil…

The Central Bank of Nigeria (CBN) has disclosed that it has concluded payment of all verified claims by airlines with an additional $64.44m to the concerned airlines. The…

Dangote Refinery is preparing to import crude from the United States (US) in the forthcoming months, signalling the increasing competitiveness of American barrels in the global market. This…

In a move aimed at addressing the persistent backlog of verified foreign exchange (forex) transactions, the Central Bank of Nigeria (CBN) has injected another $500 million into the…

The Federal Government says it is poised to recover “several trillions of naira” unpaid royalties/ taxes from licensed miners. The government also vowed to block all areas through…

The President/Chief Executive of Dangote Industries Limited, Aliko Dangote, has hinted that by March 2024, Dangote Refinery will produce gasoline and polypropylene, expressing optimism that Nigeria’s dependence on…

The Nigerian National Petroleum Company Limited (NNPCL) is to pay its pending $1.76 billion equity in Dangote Refinery with $2.5/barrel crude oil and dividend accruals. The NNPCL disclosed…

Many Glo subscribers in Abuja, Warri and Lagos were overjoyed when the digital solutions provider presented them with business class return tickets to Europe (Lagos-Paris-London-Lagos). According to a…

Former CBN Governor Sanusi Lamido Sanusi has supported the relocation of some departments of the apex bank from Abuja to Lagos.  He said it was right thing to…

The recent increase in electricity tariff by the Nigerian Electricity Regulatory Commission, NERC, has failed to translate to improvement in power supply as on-grid generation fell to 3,383…