Business
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CBN’s Cardoso Highlights Progress in Stabilizing FX Market, Tackling Inflation
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that the bank is witnessing early signs…
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DisCos collected ₦509.84bn in Q4 2024 – NERC
The Nigerian Electricity Regulatory Commission (NERC) has reported that Electricity Distribution Companies (DisCos) collected ₦509.84 billion in the fourth quarter…
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Nigeria Joins Forces with OECD to Combat Illicit Financial Flows and Boost Economic Growth
In a significant move to strengthen its economic framework and tackle the growing challenge of illicit financial flows, Nigeria has…
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FG Cracks Down on Unauthorized Printing of NIN Cards, Warns Offenders of Legal Action
The Nigerian Government has launched a crackdown on individuals and organizations involved in the illegal printing of National Identification Number…
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Tesla’s European Sales Drop 49% Amid Aging Models and Divisive Leadership
Tesla’s electric vehicle sales in Europe have experienced a sharp decline, dropping 49 percent in the first two months of…
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Dangote Refinery and Modular Refineries to Spend $8.56bn on Crude Oil Imports
The Dangote Petroleum Refinery, along with some modular refineries in Nigeria, could spend approximately $8.56 billion to import about 122.4…
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Samsung Electronics Co-CEO Han Jong-hee Dies of Heart Attack at 63
Samsung Electronics has confirmed the passing of its co-CEO, Han Jong-hee, who died of a heart attack on Tuesday at…
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Oil Marketers Raise Alarm Over Naira-for-Crude Policy, Citing Potential Risks
Oil marketers, represented by the Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN), have expressed serious concerns about the…
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Benin Republic and Togo Owe Nigeria $8.84 Million for Electricity Consumed in Q4 2024
Benin Republic and Togo collectively owe Nigeria $8.84 million for electricity consumption during the fourth quarter of 2024, according to…
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Renaissance Denies Gas Explosion at Soku Facility, Community Leaders Refute Claims
Renaissance, a prominent indigenous oil and gas company, has firmly rejected reports of a gas explosion at its Soku Gas…
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