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UTM Offshore Chief Executive Officer Julius Rone says construction of Nigeria’s first Floating Liquefied Natural Gas facility will begin in 2026, marking a defining step in...
Less than a month after unveiling a five-year vision that includes new investment opportunities, Dangote Group has taken two major steps that will underpin its next...
The National Agency for Food and Drug Administration and Control (NAFDAC) has firmly denied reports stating that the Federal Government directed it to suspend enforcement actions...
Dangote Petroleum Refinery has reduced the gantry price of Premium Motor Spirit by N25 per litre, lowering its ex-depot/gantry rate from N799 to N774 per litre....
The Central Bank of Nigeria (CBN) has permitted licensed bureau de change (BDC) operators to access foreign exchange from the Nigerian Foreign Exchange Market (NFEM) through...
Khalifa Rabiu, the son of Nigerian billionaire Abdul Samad Rabiu, has been appointed Chief Officer, Global Procurement and Strategic Operations at BUA Foods Plc, the food...
Nigeria recorded a trade surplus of $10.83bn, with exports of $44.06bn outpacing imports of $33.23bn, and strengthening its external trade position, in the first nine months...
A 150-day duty-free import window helped tame food inflation but left local farmers with excess produce, heavy losses and rising uncertainty over future food supply. In...
Digital payment channels now account for 43 per cent of fuel transactions in Nigeria, underscoring a rapid shift away from cash in the country’s downstream oil...
The gap between Nigeria’s official and parallel exchange rates has widened to more than N90, marking the widest divergence since President Bola Tinubu unpegged the currency...