Business and Economy
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NNPC Ltd. unveils new crude oil grade, begins export to Spain
By Emmanuella Anokam Abuja, July 5, 2025 The Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced the introduction of…
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Service delivery: IBEDC engaged 18,000 stakeholders in 6 months – MD
By Ige Adekunle Sango-Ota (Ogun), Aug. 5, 2024 Ibadan Electricity Distribution Company (IBEDC) says it had engaged no fewer than…
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Dangote Cement: Pan-African revenue for half-year grows by 139.9%
Dangote has continued to attract huge forex into the country through his pan-African operations as the half-year result for Dangote…
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NNPC Ltd: An all-round asset to Nigeria By Olufemi Soneye
In its editorial of 2nd August, 2024, the BusinessDay newspaper, characteristically, launched another scurrilous and baseless attack on the Nigerian…
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Afreximbank’s African Quality Assurance Centre receives international accreditation from South African National Accreditation System
CAIRO, Egypt, August 2, 2024 African Export-Import Bank’s (Afreximbank) (www.Afreximbank.com) first African Quality Assurance Centre (AQAC), implemented in Ogun State, Nigeria,…
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Afreximbank commits $1.4B to Ammonia and Urea Fertilizer (AMUFERT) Plant in Angola
LUANDA, Angola, July 31, 2024 Pan-African multilateral financial institution, the African Export-Import Bank (Afreximbank) will support the establishment of Ammonia…
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AAMFI welcomes AU Ministers’ decisions on African Multilateral Financial Institutions’ preferred creditor status
ACCRA, Ghana, August 1, 2024 The Alliance of African Multilateral Financial Institutions (AAMFI) held the third meeting of its Governing…
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Nigerian students pass vote of confidence on Dangote Refinery
The students’ position came amidst alleged efforts by management of the NNPCL to induce the students body’s leadership with $250,000…
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Half Year: MTN posts N519 bn loss after tax
By Rukayat Adeyemi Lagos, July 31, 2024 MTN Nigeria Communications Plc has reported a loss after tax of N519.1 billion…
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CBN guidelines: Customers throng banks to re-activate dormant accounts
By Ginika Okoye Abuja, July 30, 2024 Bank customers have thronged their banks to reactivate their dormant accounts in line…
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Senate moves to tackle issues of unclaimed dividends
By Naomi Sharang Abuja, July 29, 2024 The Senate says it will tackle all issues of unclaimed dividends in the…
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Fuel scarcity, queues persist in FCT
By Emmanuella Anokam Abuja, July 29, 2024 Fuel queues have persisted at few fuel stations in the Federal Capital Territory…
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Reps to investigate Dangote refinery, NMDPRA, NNPC rift
By Femi Ogunshola Abuja, July 27, 2024 The House of Representatives has said that it would investigate the ongoing spat…
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CBN sells another US$148 Million to authorised dealers
ABUJA The Central Bank of Nigeria (CBN) sold a cumulative amount of US$148,000,000.00 (One Hundred and Forty-Eight Million United States…
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Afreximbank, Câmara de Comércio de Sotavento partner to host 2024 Trade and Business Roadshow in Cape Verde
PRAIA, Cape Verde, July 26, 2024 African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Câmara de Comércio de Sotavento have announced a…
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African Development Bank expresses strong support for African Union Peace Fund revitalization
ACCRA, Ghana, July 24, 2024 The African Development Bank (www.AfDB.org) has expressed strong support for revitalizing the African Union (AU)…
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NNPCL-Dangote Refineries rift: HOMEF demands transparency, investigation of claims on import of toxic fuels
The Health of Mother Earth Foundation (HOMEF) has demanded transparency and investigation into allegations of importing and foisting ‘dirty’ fuels…
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President Nguema of Gabon invites Dangote to invest in Cement, Fertilser production in country
President Brice Oligui Nguema of Gabon has invited the President and Chief Executive Officer of Dangote Industries Limited (DIL), Aliko…
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Nigeria’s Fidelity Bank dazzles America
Nigeria’s banking industry’s shining star, Fidelity Bank Plc, has dazzled appreciative Nigerian Diaspora community members in different cities of the…
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Fidelity Bank’s consistent strong growth excites investors
Fidelity Bank Plc has recorded an average annual profit growth of 64 per cent over the past three years, underlining…
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TD Africa, BOSCH strengthen ties on Nigerian consumer electronic market
Lagos, Nigeria – July 15, 2024 To further showcase its acknowledgment and endorsement of the Nigerian-born, Africa-wide technology distribution company,…
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Dangote: Our Refinery is having repeated orders from abroad
….Urges National Assembly to test all available products from Standard laboratory to disclaim NMDPRA’s assertions President of Dangote Group, Aliko…
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Stop crude oil theft, illegal refining, pipeline vandals, ex NNPC GMDs tell security agencies; Hail GCEO Kyari’s feats
Former Group Managing Directors (GMDs) of the NNPC have met in Abuja with a call on the nation’s security agencies…
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Reps joint committee probes Dangote, Lafarge over rising price of cement
By EricJames Ochigbo Abuja, July 20 2024 The Joint Committee of the House of Representatives investigating arbitrary rise of cement…
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CBN commences regular foreign exchange sales to bridge demand gap
CBN governor, Yemi Cardoso By Kadiri Abdulrahman Abuja, July 19, 2024 The Central Bank of Nigeria (CBN) says it has…
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