Category: Business

Jun 01
Dangote says no increase in cement prices despite naira devaluation

The Dangote Group has said that the prices of its various classes of cement products…

May 27
57 marginal oilfields to produce first crude in 2022

The Director of the Department of Petroleum Resources (DPR), Sarki Auwalu, said on…

May 27
Fidelity, Zenith lead active trades as investors lose N12.02bn in Nigeria’s stock market

Investors in the Nigerian stock market lost N12.02 billion on Wednesday due to the dip…

May 27
More concerns for CBN, as currency speculators crash Naira to record low

The continuous fall of the Nigerian currency, the naira reached a record low against…

May 27
World Bank approves $700 million credit to aid access to potable water in Nigeria

The World Bank has approved $700 million credit to the Nigeria Sustainable Urban and…

May 27
NNPC to purchase 20% equity stake in Dangote Refinery

The Nigerian National Petroleum Corporation (NNPC) has said that it plans to acquire a…

May 27
BPE discloses plans to privatise Transmission Company of Nigeria

The Bureau of Public Enterprises disclosed plans to unbundle the Transmission Company…

May 26
FG kick-starts 2022 budget with riot act on IPPIS

According to the circular referenced: “BD/2000/EXP/S.651” and dated May 14, 2021, the…

May 26
AfCFTA: Africa needs to focus on logistics, movement of people & services – Okonjo-Iweala

WTO Boss, Dr Okonjo Iweala stated that for Africa to make the African Continental Free…

May 26
CBN releases new guidlines for mobile money operators, other payment firms

Payment System operators have received a new license requirements to operate in…

May 26
Cryptocurrency used for illegal transactions – Emefiele

The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, said on Tuesday…

May 26
African tech startups are projected to receive $2.8 billion VC funding this year – AfricArena

Africa’s startup ecosystem recorded the highest number of deals in 2020 despite the…

May 25
AfCFTA: FG to review Industrial Revolution Plan – Trade Minister

The federal government says it plans to review Nigeria’s Industrial Revolution Plan…

May 25
GIG Logistics makes bullish move for northern Nigeria in spite of region’s volatility

Nigeria’s leading logistics service provider, GIG Logistics (GIGL), is digging deeper…

May 25
Nigeria’s Excess Crude Account balance drops 78% in two years

The balance in Nigeria’s excess Crude Account (ECA) is $72.41 million as of May 18,…