Section
Business
634 stories
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Two Refineries In Edo Take Delivery Of 75,500 Barrels Of Crude From Oza Oil Field
EDO Operators of the Oza oil field, Decklar Resources Inc., and its co-venturer, Millenium Oil & Gas Company Limited have said that they have delivered a total of…
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Interswitch Awards Akwa Savings & Loans LTD As South-South’s Top e-Channel Mortgage Bank
*_…as bank secures CBN accreditation_* By Itoro Bassey Akwa Savings and Loans Limited (ASL) has been recognized as the top e-Channel mortgage bank in South-South Nigeria, an accolade…
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Port Harcourt Refinery Set To Begin Operations Today
The Port Harcourt Refinery, with a combined capacity of 210,000 barrels per day, is set to come on board as it begins operations today, TheNewsDesk has learnt. “Yes,…
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Nigeria’s Debt Profile Now N87.91trn — DMO
The Debt Management Office has said Nigeria’s public debt profile has increased to N87.91 trillion at the end of the third quarter of 2023. The DMO disclosed this…
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Ibom Power Plant: Akwa Ibom Govt, SAVANNAH Energy Sign MoU
In his focused and determined efforts to appropriate the full benefits of the State-owned Ibom Power Plant, Governor Umo Eno, on Tuesday, played host to officials of Savannah…
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FCT-IRS Generates N203bn In 2023, Projects N250bn For 2024
The Federal Capital Territory Internal Revenue Service FCT-IRS said it generated over N203 billion in the year 2023, an increase over the N124 billion it realised in 2022.…
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$19bn Dangote Refinery Gets Another 1m Barrels Crude Oil
With the delivery of two million barrels of crude, the $19 billion Dangote Oil Refining Company is set to commence production of petroleum products paving the way for…
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Wema Bank Gets Approval To Raise N40b New Equity Funds
The planned recapitalisation of Wema Bank Plc received a major boost at the weekend with the approval of a N40 billion rights issue by the authorities at the…
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Port Harcourt Refinery Ready This Month, NNPCL Insist
The end of December timeline for mechanical completion of the Port Harcourt Refinery Company (PHRC) remains sacrosanct, says the Nigerian National Petroleum Company Limited (NNPCL). “We have said…
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W/Bank Approves $750m Electricity Facility For Nigeria
The World Bank has approved a $750 million facility for the Nigeria Distributed Access through Renewable Energy Scale-up (DARES) project. The bank said in a statement, in Abuja,…

