BUSINESS
Nigeria Does Not Have Enough Crude Oil For P/Harcourt Refinery, Others – Minister
The Minister of State Petroleum Resources (Oil), Heineken Lokpobiri, has once again expressed fear that the newly inaugurated Dangote Petrochemical Refinery, Port Harcourt Refinery,...
CBN Postpones e-Naira Launch
The Central Bank of Nigeria (CBN) has announced the postponement of the proposed launch of its digital currency, e-Naira. A statement by apex bank’s Director...
Naira Rises To N1,380/$ In Parallel Market
The Naira yesterday appreciated to N1,380 per dollar in the parallel market from N1,382 per dollar on Tuesday. Similarly, the naira appreciated to N1,361...
It’s Time To Pay Workers Living Wage In Line With Current Realities, Says Reps Speaker Abass
Speaker of the House of Representatives, Tajudeen Abass, has advocated a review of salaries for workers in the country. Abass said this in a statement...
Cement Producers Claim N710 Billion Profit
Nigeria’s three cement manufacturers recorded profit of N710.03 billion in 2023 as a significant upsurge in sales and considerably higher prices lessened pressures on...
IMF Says South Africa May Overtake Nigeria As Africa’s Biggest Economy
The International Monetary Fund (IMF) has disclosed in its forecast that South Africa may topple Nigeria as Africa’s biggest economy. According to the IMF World...
Dangote Signs $400m Equipment Deal To Fast-Track Refinery Expansion
Dangote Group has signed a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s leading manufacturers of construction machinery,...
NUPRC Explains Transfer Of 200 Staff To Lagos
The Nigerian Upstream Regulatory Commission (NUPRC) has said it transferred 200 of its staff to Lagos in the interest of the nation. The Chief Executive...
Hadi Sirika’s Nigeria Air Deal Under Investigation By EFCC — Keyamo
The Economic and Financial Crimes Commission (EFCC) is investigating the controversial Nigeria Air deal sealed by the Federal Government during the tenure of ex-Aviation...
No More Sale Of Revenue Ticket To Okada, Keke Riders On Holidays In Abia — Ikpeazu
Abia State Governor, Okezie Ikpeazu has banned the sale of revenue tickets to commercial motorcycle operators, popularly known as okada, and tricycle operators called...
