Browsing: Business

Domestic travellers paid 25 per cent more for air flights in July 2024, a new report by the Nigerian Bureau…

The Nigerian National Petroleum Company Limited (NNPCL) says it has commenced shipment of Liquefied Natural Gas (LNG) cargoes to Japan…

The Gross Domestic Product of Nigeria grew by 3.19 per cent in the second quarter of 2024 driven by growth…

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…