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The pump price of Premium Motor Spirit (PMS), popularly known as petrol, has surged to between N1,200 and N1,300 per litre in Ibadan and surrounding areas...
Nigerian National Petroleum Company (NNPC) Limited says statutory payments dropped to N726 billion in January. NNPC announced the amount in its ‘Monthly Report Summary’ for January...
Abdul Samad Rabiu, founder and chairman of BUA Group, has emerged as the biggest gainer among Africa’s billionaires after his net worth surged by $6.1 billion...
The Dangote Petroleum Refinery has again increased the gantry price of Premium Motor Spirit (PMS), popularly known as petrol, to N1,175 per litre, marking another upward...
FCMB Group Plc has announced the successful completion of its N500 billion capital raise ahead of the Central Bank of Nigeria’s March 31 recapitalisation deadline. The development was...
Worried by the quality of bank assets, the Central Bank of Nigeria (CBN) has given banks a matching order on de-risking of insider lending, with tight...
Petrol prices in Nigeria could rise to about N1,400 per litre this week as marketers await a possible repricing of Premium Motor Spirit (PMS) by the...
Billionaire businessman, Femi Otedola has described his three daughters – Tolani, Florence (DJ Cuppy) and Temi – as his greatest investments. The Chairman of First Holdco...
Oil production from Iraq’s main southern oilfields has dropped by about 70% after the country was unable to export crude through the Strait of Hormuz amid...
Nigeria will continue to be the backbone of Dangote’s export ambitions even as competition intensifies in its domestic market, said group chief executive Arvind Pathak during...