Business

NNPCL Denies Shutdown of Resurrected Port Harcourt Refinery, Assures Public of Full Operation

The Nigerian National Petroleum Company Limited (NNPCL) has vehemently dismissed reports circulating in some sections of the media claiming that…

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NNPCL Slashes Petrol Price to ₦889 Per Litre – PETROAN

The Nigerian National Petroleum Company Limited has reduced its ex-depot price of Premium Motor Spirit, commonly referred to as petrol,…

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Singapore’s TSC, Nigeria Del-York Group Seal $4.5bn Deal to Develop Lagos Film City

Nigeria’s Del-York Group and Singapore’s TSC Global have signed a $4.5bn joint venture agreement to develop Lagos Film City, an…

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Nigeria Launches N250 Billion Real Estate Fund to Address Housing Finance Gap and Stimulate Economic Growth

The Nigerian government has officially launched the Ministry of Finance Incorporated (MOFI) Real Estate Investment Fund (MREIF) with an initial…

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Nigeria Needs $20 Billion Annual Investment to Achieve 2030 Economic Targets – Edun

Nigeria’s Finance Minister, Wale Edun, has stressed the urgent need for the country to invest an additional $20 billion annually…

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CBN says Businesses Project Naira Depreciation into Q1 2025

The Central Bank of Nigeria has said businesses, while expressing optimism about the macroeconomic environment, have projected further depreciation of…

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Nigeria Customs Service Announces Zero Percent Duty on CNG and LPG Equipment Imports

The Nigeria Customs Service (NCS) has introduced a zero percent import duty on equipment for Compressed Natural Gas (CNG) and…

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Nigerian Government Shifts Focus to Renewable Energy for Sustainable Development

The Nigerian Government has announced a renewed focus on the renewable energy sector to address critical energy supply challenges and…

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