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Nigerian billionaire industrialist Abdul Samad Rabiu is closing in on a major personal-wealth milestone. According to Forbes, his fortune now stands at about $9.2 billion, placing...
George Elombi, the new president and chairman of the African Export-Import Bank (Afreximbank), has revealed that Aliko Dangote is seeking an additional $5 billion to expand...
The United Kingdom (UK) has announced that nearly 3,000 Nigerian products are now eligible for zero and reduced tariffs under its Developing Countries Trading Scheme (DCTS),...
Palpable tension is building in the downstream petroleum sector following Dangote Refinery’s decision to implement a 45,000-litre maximum truck loading limit for Premium Motor Spirit (PMS),...
The Bureau De Change (BDC) operators have lamented that they are close to going out of operations as most of its members are struggling to stay...
The Senate Committee on Public Accounts might invite Mele Kyari, the former Group Managing Director of the Nigerian National Petroleum Corporation Ltd (NNPCL), if the closed-door...
The Dangote refinery is expected to start crude oil production soon, a report by S&P Global has said. Dangote’s upstream oil assets, Oil Mining Leases 71...
The Central Bank of Nigeria has released a total sum of $1.259bn to oil sector players for the importation of petroleum products and other related items...
The Director-General of the Securities and Exchange Commission (SEC), Dr. Emomotimi Agama, has disclosed that over $50 billion worth of cryptocurrency transactions flowed through Nigeria between...
Renting property in Abuja, Nigeria’s capital city, is increasingly becoming unaffordable for ordinary citizens, forcing many residents to relocate to suburban areas in neighbouring states, findings...