Business and Economy
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Abia Govt. begins clearing access road to proposed Abia International Airport runway
By Ihechinyere Chigemeri-Uwom Nsulu(Abia) The Abia Government has commenced the clearing of an 8.53-kilometer access road leading to the proposed…
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Stanbic IBTC Holdings to pay shareholders N38.87 bn as dividend in 2024
By Taiye Olayemi Lagos, March 28, 2025 Stanbic IBTC Holdings has announced plans to pay N38.87 billion in dividends to…
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NIMASA’s crusade to end War Risk Insurance premiums to save Nigeria over $400 billion annually – Osagie Edward
War Risk Insurance (WRI) is an additional surcharge imposed by international shipping companies on cargo bound for Nigeria. It comprises…
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Court dismisses Falana’s fraud case against Zinox Boss, Ekeh, others
…It’s a victory for integrity and the rule of law – Counsel For the umpteenth time, the court has thrown…
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DMO declares N1.09trn Sukuk proceeds, targets N300bn in new offer
By Kadiri Abdulrahman Lagos, March 26, 2025 The Debt Management Office (DMO) says the Federal Government has been able to…
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PETROAN lauds NNPC for running PH refinery 180 days non-stop
By Emmanuella Anokam Abuja, March 25, 2025 The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), has commended the…
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Afreximbank acts as Joint Global Coordinator on Arab Bank for Economic Development in Africa’s second EUR 750mn Senior Eurobond due 2028
CAIRO, Egypt, March 24, 2025 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has successfully acted as Joint Global Coordinator and Joint Lead…
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Air Peace offers student discount to London
By Itohan Abara-Laserian Lagos, March 24, 2025 Air Peace has announced a 15 per cent discount on economy class tickets…
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Tony Elumelu Foundation grants $15m to 3,000 African entrepreneurs
By Kadiri Abdulrahman Abuja, March 23, 2025 The Tony Elumelu Foundation (TEF) has announced a $15 million grant to support…
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NLNG to improve operational efficiency of domestic LPG supply in Nigeria
In line with its continuous improvement culture, NLNG has committed to working closely with its stakeholders to improve operational efficiency…
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EFCC probes man over $578,000 cash smuggling
By Isaac Aregbesola Abuja, March 22, 2025 The Economic and Financial Crimes Commission (EFCC) has begun investigating Okorie Sunday, arrested…
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Nigeria Customs intercepts undeclared N289.5bn at Abuja airport
By Martha Agas Abuja, March 21, 2025 The Nigeria Customs Service (NCS) has intercepted an undeclared sum of $193,000 (about…
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Dangote Cement appoints Fapohunda as Group Financial Officer
By Taiye Olayemi Lagos, March 19, 2025 Dangote Cement has confirmed the appointment of Dr Gbenga Fapohunda as its substantive…
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Palliatives: Dangote donates 80,000 bags of rice to Lagos residents
… Sanwo-Olu says Dangote prioritize Nigerians’ welfare above profit The Aliko Dangote Foundation, (ADF) has flagged off the distribution…
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NNPC champions effective utilisation of host community funds
Cross section of participants at the KEFFESO Host Communities Development Trust (KHCDT) Stakeholders Forum held in Yenagoa, Bayelsa State By…
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NCDMB launches ‘Champions of Nigerian Content Awards’
The Nigerian Content Development Monitoring Board (NCDMB), in partnership with Sweetcrude Limited, publishers of SweetcrudeReports, has announced the launch of…
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Imo very close to realising digital industrialisation, says Uzodimma
…. Signs pact with US-MAC on Imo Digital City Governor Hope Uzodimma of Imo State has expressed confidence that his…
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NNPC clarifies Naira crude contract with Dangote Refinery
By Emmanuella Anokam Abuja, March 10, 2025 The Nigerian National Petroleum Company Limited (NNPC Ltd.) says its contract with Dangote…
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NCDMB ES seeks Africa-wide Local Content framework to leverage collective strengths for mutual prosperity
…Says Executive Orders lead to 4 FIDS. The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr.…
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Dangote Group pays N402.3B tax to govt in 2024
The Pan African conglomerate, Dangote Industries Limited (Dangote Group), and its subsidiaries has disclosed that it paid over N402 billion…
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UBA invests in future leaders, inducts over 3200 young professionals under GMAP Initiative
Africa’s Global Bank, United Bank for Africa (UBA) Plc, continues to make significant impact in birthing the next generation of…
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Afreximbank, Kenyan government ink milestone agreements to promote industrialisation
MOMBASA, Kenya African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Africa’s foremost trade development Bank, has, in Mombasa, Kenya, ratified a series of…
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CBN strengthens regulatory oversight to safeguard Nigeria’s financial system
LAGOS The Central Bank of Nigeria (CBN) has reaffirmed its commitment to maintaining a transparent and resilient financial system by…
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Dangote Coal, host communities seal landmark development pact
The CDA was described by government functionaries as a major ‘milestone.’ The pact, according to the representatives of Dangote…
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Chevron Nigeria bags Sustainable Energy Business award at NIES 2025
Chevron Nigeria again had an impressive showing at the eight edition of the Nigeria International Energy Summit (NIES), which kicked…
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