Connect with us
Transport fares have risen again in parts of the country as petrol price climbed to as high as N1,400 per litre, Daily Trust reports. The latest...
The Lagos State House of Assembly on Thursday approved the state government’s request to issue a N200bn bond and participate in the Federation Account Allocation Committee...
After years of opaque allocations, Nigeria’s latest seven‑hour oil block bidding saw 31 winners from 143 bidders, but doubts over transparency and capacity persist as the...
From the $48.88 billion recorded in January, Nigeria’s gross external reserves have climbed to $52.73 billion, marking a 7.9% increase. This was disclosed by the Central...
Dangote Petroleum Refinery and Petrochemicals FZE (DPRP) has successfully completed a landmark Private Equity Placement that raised approximately US$2.5 billion in new equity, following a highly...
ExxonMobil’s $1bn Usan investment is the latest sign that international oil companies (IOCs) are shifting capital towards Nigeria’s deep waters, following another wave of divestment that...
When Huaxin completed its $1bn purchase of Holcim’s stake in Lafarge Africa last August, the deal was widely read in Lagos as a domestic fight: a...
When President Bola Tinubu’s administration launched the Renewed Hope Cities and Estates Programme, it promised to break the barriers to homeownership for millions of low- and...
Fresh pressure is building on Nigeria’s downstream petroleum market as Dangote Petroleum Refinery yesterday resumed gantry loading of Premium Motor Spirit (PMS) in naira after a week-long...
Economist and Chief Executive Officer of KAINOS Edge Consulting Ltd., Dr. Doyin Salami, has raised concerns over widening wealth inequality in Nigeria, revealing that the country’s...