Business

The President and Chief Executive of Dangote Group, Alhaji Aliko Dangote, has stated that his $20bn Dangote Petroleum Refinery was built to use Nigerian crude and add value to …

The Central Bank of Nigeria has revealed that the net foreign exchange flows into the country increased to $25.4bn in the first six months of 2024, marking a 55 …

The Nigerian National Petroleum Company Limited has demanded a refund of N4.71tn from the Federal Government to settle outstanding debts used to import Premium Motor Spirit, popularly called petrol, …

The Nigerian equities market sustained its positive trend on Thursday as investors gained N577 billion at the close of the day’s trading. This followed an increase in the share prices …

The Federal Government has lifted the suspension of Arik Air’s operations. In July, the Nigerian Airspace Management Authority (NAMA) grounded Arik Air operations over its alleged failure to pay a …

The Central Bank of Nigeria has disclosed that capital importation and diaspora remittances have boosted the net foreign exchange flows into the country which has increased to $25.4bn in the …

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has again drawn attention to the issue of subsidy on petroleum products in Nigeria. The body confirmed the return of fuel subsidy …

Following the reintroduction of the Retail Dutch Auction and a bid to reduce the demand pressure in the foreign exchange (FX) market and promote price discovery, the Central Bank of …

The Head of Innovation, Growth and Business Transformation at FoodCo, Funmi Aiyepeku, has described the brick-and-mortar retail segment as a critical pillar that will help sustain the Nigerian consumer …

IHS Nigeria, a subsidiary of IHS Holding Limited, and MTN Nigeria have announced the renewal and extension of their Nigerian tower Master Lease Agreements until December 2032. The agreement, …