Seplat Energy Plc has successfully completed the $1.28 billion acquisition of Mobil Producing Nigeria Unlimited (MPNU)…
Category: Business
Landing Cost of Petrol in Nigeria Drops to N900 Per Litre
The cost of landing Premium Motor Spirit (PMS), commonly known as petrol, in Nigeria dropped by…
President Tinubu to Present 2025 Budget to National Assembly on December 17
President Bola Tinubu will formally present the 2025 national budget to a joint session of the…
ExxonMobil Unveils Leadership Changes
ExxonMobil has announced the retirement of Liam Mallon, President of ExxonMobil Upstream Company and Vice President…
Dangote Refinery and Neptune Oil Launch First Export of PMS to Cameroon
In a groundbreaking development for regional energy integration, Dangote Refinery and Neptune Oil have announced the…
Rate Cuts Do Little to Boost European Stocks
Europe’s major stock markets were largely unchanged on Thursday despite interest rate cuts by the eurozone…
CBN Debunks Fake Circular on Forex Sales at N1,301 per Dollar
The Central Bank of Nigeria (CBN) has dismissed reports claiming it approved the sale of foreign…
Finance Minister Discusses Solar-Powered Cold Storage Initiative to Boost Food Security
Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, hosted a high-level…
Nigerian Stock Market Gains N319 Billion, 51 Stocks Appreciate
The Nigerian equity market saw a significant rebound last week, gaining N319 billion as 51 stocks…
NESG Backs Stabilisation Fund for Manufacturing Sector
The Nigerian Economic Summit Group (NESG) has expressed strong support for the establishment of a stabilisation…