Business and Economy
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Zinox demands apology from Femi Falana over alleged defamation, reputational damage
The management of the foremost African digital conglomerate, Zinox Technologies Limited, has demanded a public apology from Mr. Femi Falana…
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Regional challenges cost Egypt about $7bn of Suez Canal revenues in 2024 – Sisi
Cairo, Dec. 26, 2024 Events in the Red Sea and regional challenges cost Egypt around 7 billion dollars in revenues…
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NNPCL unveils production monitoring centre
By Emmanuella Anokam Abuja, Dec. 25, 2024 The Nigerian National Petroleum Company Limited (NNPC Ltd.), has introduced the Production Monitoring…
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Imo set for economic expansion in 2025 as Uzodimma presents N755.6bn budget
The economic opportunities awaiting Imo State in 2025 appear limitless as Governor Hope Uzodimma on Monday, presented a budget estimate…
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The Need to reinstate the scrapped Capital Transfer Tax in Nigeria By Emeka Ndu, FCA.
The recent furore generated by the tax reform bills sponsored by the Tinubu administration has elicited the need to look at…
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LNG: Nigeria’s gateway to global energy
By Yunus Yusuf Nigeria stands on the brink of energy transformation with the right collaboration and investment strategies. This allows…
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CBN resumes sale of FX to BDCs to meet retail market demand
The Central Bank of Nigeria (CBN) says it has resumed the sales of foreign exchange to BDCs to meet retail…
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Kuku assures of effective management of passenger traffic at MMIA
By Itohan Abara-Laserian Lagos, Dec. 20, 2024 Mrs. Olubunmi Kuku, the Managing Director of the Federal Airports Authority of…
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Afreximbank, Ecobank partner to simplify trade and compliance for African businesses
CAIRO, Egypt, December 19, 2024 African Export-Import Bank (Afreximbank) and Ecobank Group (www.Ecobank.com) have embarked on a collaboration aimed at…
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Africa: Afreximbank participates in Nigeria’s Bank of Industry syndicated facility of up to EUR 2-billion
LONDON, United Kingdom, December 17, 2024 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) recently joined a consortium of financial institutions in London…
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All-Share Index crosses 100,000 mark as NGX sustains positive momentum
By Rukayat Adeyemi Lagos, Dec. 17, 2024 The equity market has maintained its positive momentum with the All-Share Index crossing…
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Dangote refinery, a wonder of modern technology – Japan Ambassador, business community
The Dangote Refinery and Petrochemicals complex has been hailed as an astonishing masterpiece, showcasing Nigeria’s technological advancements on the global…
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Imo Govt, Afrexim Bank perform ground breaking of African Quality Assurance Centre
Imo State government and officials of the Africa Export-Import Bank(Afrexim Bank) have laid the foundation of the building of the…
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All denominations of Naira banknotes still valid – CBN reassures
By Grace Alegba Lagos, Dec. 13, 2024 The Central Bank of Nigeria (CBN) says all denominations of Naira banknotes currently…
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Dangote Refinery exports PMS to Cameroon
…Dangote Refinery, Neptune Oil announce first export transaction of refined products to Cameroon In a landmark move for regional energy…
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Import licence: Dangote Refinery seeks to amend suit against NNPCL, others
By Taiye Agbaje Abuja, Dec. 7, 2024 The Dangote Petroleum Refinery and Petrochemicals FZE has sought to amend its suit…
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Equity market loses N62bn
By Rukayat Adeyemi Lagos, Dec. 10, 2024 The equity market began the week on a bearish note, reversing prior session…
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Chevron Nigeria awarded Energy Company of the Year for Environmental Sustainability, CSR
Chevron Nigeria Limited (CNL), on Friday December 6, 2024, received an award as “Energy Company of the Year (2024)” for…
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Group urges NNPCL to clear doubt about Port Harcourt refinery export
By Femi Ogunshola Abuja, Dec. 7, 2024 The National Anti-Corruption Crusader (NACC) has urged Nigerian National Petroleum Company Ltd. (NNPCL)…
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One-hour flight gulps over N14 million – Air Peace
L-R: The Chairman of Air Peace Ltd., Dr Allen Onyema, and the Chief Operating Officer, Air Peace, Mrs. Oluwatoyin…
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PNC 2024 ends as NCDMB commits to deeper community, industry engagements
The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, on Wednesday in Yenagoa expressed profound…
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Soldiers’ killing: Army re-opens Imo Rescue Market
By Leonard Okachie Umuahia Dec. 6, 2024 The Nigerian Army has re-opened the Rescue Market, popularly known as Malaysia Market,…
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Alleged misappropriation: Court orders EFCC to submit Abia investigation report
By Taiye Agbaje Abuja, Dec. 5, 2024 An Abuja High Court has ordered the Economic and Financial Crimes Commission (EFCC)…
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Afreximbank, Arise IIP commence construction of African Quality Assurance Center in Benin
Afreximbank and Arise IIP’s commencement of the construction of the African Quality Assurance Center in Glo-Djigbé Industrial Zone (GDIZ) Benin,…
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CBN clarifies staff early exit exercise
….Says participation entirely voluntary Abuja The Central Bank of Nigeria (CBN) has dismissed claims of forced mass retirements, clarifying that…
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