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Nigeria has significantly reduced the time required to approve applications for reviving idle oil wells — from weeks to just hours — as Africa’s top crude...
The Chief Executive Officer of Dangote Refinery, David Bird, has said the facility is receiving far below its agreed crude oil supply under the Federal Government’s...
Justice Emeka Nwite of the Federal High Court in Abuja has ordered the final forfeiture of $13 million linked to businesswoman Aisha Achimugu and her company,...
In a landmark judgment, a federal high court sitting in Lagos has ruled that the Central Bank of Nigeria (CBN) acted beyond its powers when it...
Iran is easing restrictions on transit through the Strait of Hormuz, saying vessels not deemed hostile and not supporting military action against Tehran may pass, according...
Aliko Dangote’s petroleum refinery has exported 456,000 tonnes of refined petroleum products across five African markets since hitting full production capacity in February, marking a significant...
Nigeria’s second richest man, Abdulsamad Rabiu, has experienced a substantial appreciation in his net worth, which is currently valued at $14.6 billion, according to the Bloomberg...
Demand for the Central Bank of Nigeria’s Open Market Operations (OMO) bills rebounded sharply on the recent CBN auction, as excess liquidity in the financial system...
Binance Holdings Limited on Tuesday said it is exploring a resolution of the tax evasion charges filed against it by the Federal Government, signalling a pause...
The ambitious deal between the Dangote Petroleum Refinery and Nigerian National Petroleum Company Limited is facing challenges, as the refinery experienced a crude oil supply shortfall...