The Dangote Petroleum Refinery has taken another major step towards deepening retail participation in its ongoing Initial Public Offering (IPO) by enabling prospective investors to subscribe...
Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN), says Nigeria’s gross foreign exchange (FX) reserves has crossed $55 billion, describing the milestone as the...
The Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has approved petrol import permits covering about 830,000 metric tonnes for multiple companies ahead of the fourth...
Nigerian billionaire Aliko Dangote plans to invest more than $10 billion in electricity generation across Africa over the next three to four years and may cancel...
A new survey by SBM Intelligence has revealed that 67.4 per cent of Nigerians surveyed want the Federal Government to restore the petrol subsidy, highlighting the...
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says it has detected cases of under-dispensing of petroleum products at retail outlets nationwide, warning that offenders...
The Chinese-owned cement maker that used to be Lafarge Africa is recruiting distributors across Nigeria, asking each to bring at least 250 million naira of working...
The Central Bank of Nigeria (CBN) has cut the Monetary Policy Rate (MPR) from 26.50% to 23.00%, a 350-basis-point reduction, following its Monetary Policy Committee meeting...
Minister of Power, Mr Joseph Tegbe, has assured Nigerians that the Federal Government has no immediate plan to increase the electricity tariff. Tegbe gave the assurance...
• Positions it to become biggest fertiliser company on earth •Says Africa will no longer ask for aid • Targets investing $46bn-$50bn across continent, plans...