Business and Economy
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Dangote named most tax complaint business organizations by FIRS
….Company, subsidiaries win big at FIRS, FMDQ awards It was a season of awards at the weekend for the Dangote Group and its…
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SPDC Joint Venture donates $1m to Borno flood victims
By Nathan Nwakamma Yengagoa, Nov. 8, 2024 The Shell Petroleum Development Company of Nigeria Limited Joint Venture (SPDC JV), on…
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All set for today’s unveiling of SAFELIFY – the trailblazing safe travel platform
Excited potential clients and other stakeholders from across the world are eagerly looking forward to the official global unveiling, today,…
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Naira depreciates by 2.4% against dollar at official market
By Grace Alegba Lagos, Nov. 8, 2024 The Naira on Friday closed the week weaker at the official market, trading…
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NNPC Ltd disclaims video of adulterated fuel sold in bottles, jerrycans
By Emmanuella Anokam Abuja, Nov. 7, 2024 The Nigerian National Petroleum Company Limited (NNPC Ltd.), has disclaimed a viral video…
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FBN Holdings’ N150bn Rights Issue goes live on NGX Invest
By Rukayat Adeyemi Lagos, Nov. 6, 2024 FBN Holdings Plc’s N150 billion rights issue went live on Wednesday on the…
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Dangote, pillar of strength for Nigeria’s industrial growth – LCCI; ‘We’re committed to diversification of economy’ – GED
Dangote Industries Limited (DIL) has restated its commitment to driving the diversification of Nigeria’s economy for growth and job prospects…
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Afreximbank signs landmark deals at African Energy Week 2024
CAPE TOWN, South Africa, November 6, 2024 The African Export–Import Bank (Afreximbank) signed multiple landmark deals at the African Energy…
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ES NCDMB, Lagos Gov commission Bell Oil and Gas’ pipe threading and valve assembly plant
A multi-million dollar pipe threading and valve assembly facility built by Bell Oil & Gas was commissioned on Tuesday at…
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UK Foreign Secretary meets Nigerian President Tinubu, agrees on Strategic Partnership
Abuja, 05 November 2024 The UK Secretary of State for Foreign, Commonwealth and Development Affairs, David Lammy MP, met President…
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Q3 2024: Veritas Kapital grows profit by 117% to N2.34bn
By Rukayat Adeyemi Lagos, Nov. 4, 2024 Veritas Kapital Assurance Plc has grown its profit after tax to N2.339 billion…
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Growth at the heart of UK Foreign Secretary’s visit to Nigeria
Economic growth to underpin work in Nigeria, as Foreign Secretary aims to elevate bilateral partnership with the Nigerian Government. Foreign…
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Nigeria sets January 2025 for $5bn Africa Energy Bank take off
Amb. Nicholas Ella, Permanent Secretary, Ministry of Petroleum Resources and Executive Board Member representing Nigeria at the African Petroleum Producers…
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Zenith Bank records remarkable triple-digit topline growth as PBT hits N1.0 trillion in Q3 2024
Zenith Bank Plc has announced its unaudited results for the third quarter ended 30 September 2024, recording a remarkable triple-digit…
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Dangote Refinery disowns IPMAN; Insists it can meet Nigeria’s petroleum products demand
The Dangote Petroleum Refinery has denied receiving any payments for refined petroleum products from the Independent Petroleum Marketers Association of…
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NLNG appoints Horsfall as GM External Relations
By Yunus Yusuf Lagos, Oct. 30, 2024 Nigeria Liquified Natural Gas (NLNG) has appointed Sofia Horsfall as its General Manager,…
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Naira depreciates against dollar
By Grace Alegba Lagos, Oct. 30, 2024 The Naira on Wednesday slightly depreciated at the official market, trading at N1,631.17…
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CANEX WKND 2024 concludes in Algiers with over US $540 million in deals committed
ALGIERS, Algeria, October 28, 2024 The second edition of the Creative Africa Nexus Weekend (CANEX WKND 2024) has drawn to…
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Afreximbank announces Investment Conference in Kisumu, Kenya to strengthen sub-sovereign participation in intra-African trade
CAIRO, Egypt, October 28, 2024 In a bid to strengthen the role of Africa’s sub-sovereign governments in driving intra-African trade…
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NGX set to list N11.98bn Halden McCall shares by introduction
By Rukayat Adeyemi Lagos, Oct. 28, 2024 The Nigerian Exchange Ltd. (NGX) has approved the listing of N11.98 billion ordinary…
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Dangote backs Tinubu’s CNG drive, invests over $280m in trucks, infrastructure
…. Becomes the largest operator of CNG trucks in Nigeria In a demonstration of its support for President Bola Ahmed…
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NCDMB to sponsor new R&D projects, as Triple Helix Nigeria unveils vision
The Nigerian Content Development and Monitoring Board (NCDMB) has signaled plans to support new research and development projects as part…
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Stanbic IBTC Insurance CEO, Akinjide Orimolade to Keynote Business Journal Annual Lecture 2024
Mr. Akinjide Orimolade, Managing Director/CEO, Stanbic IBTC Insurance Limited is the Keynote Speaker for the Business Journal Annual Lecture 2024 coming up…
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When NCDMB, Shell JV Partners donated Engineering Studio, ICT Hub to FUTO
The Nigerian Content Development and Monitoring Board (NCDMB) and Shell Petroleum Development Company (SPDC), with its joint venture (JV) partners,…
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CBN strengthens diaspora ties to boost Nigeria’s economic growth
HOUSTON (TEXAS) In a strategic move to harness the economic potential of Nigeria’s diaspora, the Central Bank of Nigeria (CBN)…
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