In a significant move to provide relief to borrowers, the Bank of Canada announced a half-point…
Category: Business
Nigeria and Vietnam to Hold High-Level Roundtable to Boost Trade and Economic Relations
The Embassy of Vietnam, in partnership with the Nigeria-Vietnam Economic, Trade, and Cultural Association (NVETCA), is…
Dangote Refinery Begins Direct Petrol Supply to Oil Marketers
The Dangote Petroleum Refinery has begun supplying Premium Motor Spirit (PMS), commonly known as petrol, directly…
Nigerian Inter-Bank Settlement System to Launch Non-Resident BVN Platform for Diaspora by December
The Nigerian Inter-Bank Settlement System (NIBSS) is set to introduce a non-resident Bank Verification Number (BVN)…
House of Representatives to Investigate Repeated National Grid Failures
The Nigerian House of Representatives has instructed its Committee on Power to investigate the recurring national…
Nigeria’s Block of Shell’s $2.4 Billion Asset Sale Sends Mixed Signals to Investors
Nigeria’s decision to block Shell’s $2.4 billion sale of its onshore oil assets has raised concerns…
Oando Energy Plc Market Value Surges Past N1 Trillion Amid Stock Rally, Audited Report Expected
The market value of Oando Energy Plc has crossed the N1 trillion mark once again, driven…
IMF: Naira Shows Signs of Stability Amid Interest Rate Hikes
The International Monetary Fund (IMF) has reported that Nigeria’s local currency, the naira, is demonstrating signs…
Oando Clean Energy Limited Appoints Ademola Ogunbanjo as President/CEO
Oando Clean Energy Limited (OCEL) has announced the appointment of Ademola Ogunbanjo as its new President…
Oando Plc Urges Government, Regulators to Tackle Security, Vandalism to Boost Oil Production
Oando Plc has called on the Federal Government and regulatory bodies, including the Nigerian Upstream Petroleum…