Section
Business
634 stories
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Maersk Warns Of Major Disruption As It Diverts Ships Away From Red Sea
Maersk is diverting all container vessels from Red Sea routes around Africa’s Cape of Good Hope for the foreseeable future, warning customers to prepare for significant disruption, while…
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Lagos Assembly Passes N2.267tr Budget For 2024
The Lagos State House of Assembly has passed the N2.267 trillion budget for 2024 presented by Governor Babajide Sanwo-Olu last year. The budget, comprising 58 per cent capital…
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P’Harcourt Refinery To Complete Test-run This Month -NNPCL
The Nigerian National Petroleum Corporation Limited has revealed that test runs at the 60,000-bpd Port Harcourt refinery will be completed this month. “Testing will conclude shortly, ensuring the…
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EFCC Visits Dangote Group Headquarters, Probes Forex Allocations
Operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday conducted a search operation at the head office of the Dangote Group in Lagos as it widens…
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FG Partners Chinese Firm To Revive Steel Industry
The Federal Government has commenced discussions with a Chinese firm, Luan Steel Holding Group, to build a new steel plant in Nigeria and commence the construction of military…
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No Plan To Hike Petrol Price — IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday said that there was no plan by its members to increase fuel price IPMAN ‘s Public Relations Officer,…
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We Are Restructuring Not Ending Operations In Nigeria, JSM Assures
We are restructuring not ending operations in Nigeria, JSM assuresJubilee Syringe Manufacturing Limited (“JSM”) located in Awa, Onna Local Government Area of Akwa Ibom State, Nigeria, has made…
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South African Billionaire Rupert Displaces Nigerian Dangote To Emerge Africa’s Richest Man
South African business mogul Johann Rupert has displaced Nigerian Aliko Dangote to emerge the richest man in Africa, according to a list released by Forbes Magazine. Similarly, Nigerian…
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NNPC Denies Increment Of Petrol Price To N1,200
The Nigerian National Petroleum Company (NNPC) Limited has debunked reports that it plans to increase the price of petrol to N1,200 per litre. Reports on Wednesday emerged that…
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Africa’s Largest Syringe Factory In Akwa Ibom Folds Up Six Years After Opening
Jubilee Syringe Manufacturing (JSM) company in Awa, Onna Local Government Area of Akwa Ibom State has ended its operations attributing the decision to “unforeseen circumstances affecting our business…