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Nigeria is preparing to meet two major debt obligations before the end of 2025, comprising the $1.12 billion Eurobond and a N100 billion Sukuk bond, both...
A Nigerian tribunal sitting in Lagos has ordered General Hydrocarbons Limited (GHL) to pay First Bank of Nigeria Limited (FirstBank) $112,100 and N111 million as costs...
Police have sealed off the corporate headquarters of Nestoil Limited in Victoria Island, Lagos, after the company was placed under receivership by a consortium of lenders...
Amazon is preparing to lay off as many as 30,000 corporate employees beginning Tuesday, in what would be its largest round of job cuts since 2022....
Africa’s largest cement producer, Dangote Cement Plc, led by Nigerian billionaire Aliko Dangote, reported a near threefold rise in profit for the nine months ended Sept....
New charge raises Nigeria’s security levy to $31.5 per ticket • NCAA to earn additional $46 million yearly • Nigerian travellers pay 264% more taxes than...
The Dangote refinery has re-employed the engineers sacked last month during the crisis between it and the Petroleum and Natural Gas Senior Staff Association of Nigeria....
Aliko Dangote plans to more than double capacity at his new refinery less than two years after first fuel – leaning on operating cash flow, a...
IHS Nigeria, part of the IHS Holding Limited group, one of the world’s largest independent owners and operators of shared communications infrastructure said it has reduced...
The Aliko Dangote Foundation (ADF), in partnership with Sight and Life Foundation (SAL), has launched a nationwide initiative titled “Promotion of Production & Consumption of Fermented...