Oando PLC, a major energy provider in Nigeria, released its unaudited financial report for the first…
Category: Business
Oil Prices Hold Steady Amid Oversupply Concerns and China’s Stimulus Plan
Oil prices remained largely unchanged in early Tuesday trading as markets digested China’s recent stimulus plan…
U.S. Dollar Nears Four-Month High, Bitcoin Surges as Markets Brace for Trump’s Pro-Growth Agenda
The U.S. dollar surged close to a four-month peak against major currencies on Tuesday, while Bitcoin…
IPMAN Secures Direct Supply Deal with Dangote Refinery
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has successfully forged an agreement with Dangote Refinery…
NDIC to Begin Sale of Heritage Bank Assets Following License Revocation
The Nigeria Deposit Insurance Corporation (NDIC) announced that the sale of Heritage Bank’s assets will commence…
NNPC Shifts to Domestic Fuel Supply Amid New Energy Strategies and Debt Clearance
In a major shift, the Nigerian National Petroleum Company Limited (NNPC) has ceased importing refined petroleum…
New Tax Reforms to Provide Relief for Low-Income Nigerians
In a move aimed at easing the tax burden on low-income earners, the Chairman of Nigeria’s…
China-Nigeria Trade Soars as Imports Surge by 36.1%, Reaches $15.1 Billion
China’s imports from Nigeria surged by 36.1 percent from January to September 2024, with bilateral trade…
Finance Minister Wale Edun Hosts Sokoto Governor for Strategic Economic Talks
Today, the Executive Governor of Sokoto State, His Excellency Ahmad Aliyu Sokoto, paid a courtesy visit…
Nigeria, South Africa Lead Cryptocurrency Adoption in Sub-Saharan Africa
Nigeria and South Africa are emerging as the driving forces behind Sub-Saharan Africa’s growing cryptocurrency adoption,…