The Dangote Petroleum Refinery has announced a significant reduction in the ex-depot price of Premium Motor…
Category: Business
Seplat, Renaissance, Oando and Chevron Launch New Drilling Projects to Boost Nigeria’s Oil Output
Leading oil firms Seplat Energy, Renaissance Africa Energy, Oando, and Chevron have announced plans to undertake…
Wale Edun Commends Lotus Capital’s Leadership in Non-Interest Finance
The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has praised…
Crude Oil Comeback: Seplat, Oando, Aradel Post Strong H1 2025 Output Surge
Nigeria’s indigenous oil producers have staged a remarkable production rebound in the first half of 2025,…
US and China Extend Trade Truce, Delaying Tariff Hikes Amid Ongoing Negotiations
The United States and China have agreed to extend their trade truce for another 90 days,…
Marketers Intensify Talks with Dangote Refinery Ahead August 15 Direct Petrol Supply Launch
Petroleum marketers across Nigeria are ramping up negotiations with Dangote Petroleum Refinery ahead of its planned…
Consumers to Pay More as Customs Revives 4% FOB Charge, Plans Massive Licensing Fee Hike
Importing goods into Nigeria is about to become significantly more expensive as the Nigeria Customs Service…
World Bank Approves $300 Million Loan to Support Internally Displaced Persons and Host Communities in Northern Nigeria
The World Bank has approved a $300 million loan to assist internally displaced persons (IDPs) and…
Nigeria’s Foreign Reserves Hit $40.159 Billion Under President Tinubu’s Economic Stewardship
Nigeria’s foreign exchange reserves have recorded a significant boost, rising from $37.195 billion on July 1,…
Nigerian Firms Hit Record ₦2.9 Trillion in Operating Cash Flow for H1 2025
Nigeria’s top listed companies are flush with cash after generating a combined ₦2.92 trillion in net…