Browsing: Business

The Federal Government has declared that the Nigerian National Petroleum Company Limited does not have the funds required to rebuild…

The 650,000-barrel-per-day Dangote refinery is undergoing test runs for Premium Motor Spirit or petrol production, with full operation expected by…

Oando Plc has completed the acquisition of Eni’s subsidiary, Nigerian Agip Oil Company (NAOC), for $783m. The company announced this…

The National Data Protection Commission (NDPC) has imposed a hefty fine of N555.8 million on Fidelity Bank for violating its…

The Naira depreciated on Tuesday to N1,600 per dollar in the parallel market, down from N1,590 per dollar last weekend.…

The Central Bank of Nigeria has announced a significant increase in remittance inflows, reaching $553m in July 2024. It said…

Oil producers, represented by the Independent Petroleum Producers Group (IPPG), have voiced strong objections to being compelled to sell crude…

Mobil Producing Nigeria Unlimited has disassociated itself from last Thursday’s fresh oil spill, which occurred in the Ibeno Local Government…

Flutterwave, Africa’s leading payments technology company, has announced today that its online merchants in Nigeria can now accept American Express…

The Federal Government has disclosed that sales of crude oil to Dangote Refinery and other local refineries will commence October…