Business
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Dangote Refinery Begins Exporting Premium Motor Spirit to Cameroon
Dangote Refinery has made history by commencing the export of Premium Motor Spirit (PMS) to Cameroon, marking the first-ever export…
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Nigeria’s Oil Production Rises by 9.9% in November 2024, Still Falls Short of OPEC Quota
The Nigerian Government has announced a 9.9% increase in Nigeria’s oil production, including condensates, for November 2024, reaching 1.69 million…
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Nigeria’s Money Supply (M²) Grows 48.3% YoY to N107.7 Trillion in October 2024
Nigeria’s broad money supply (M²) surged by 48.3% year-on-year (YoY) to reach N107.7 trillion in October 2024, up from N72.6…
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N2.7trn debt: Nigerians face blackout as gas producers cut supply to Gencos
Wholesale gas-producing companies have abruptly stopped the supply of natural gas to power generation companies for electricity production over the…
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FAAN records N218bn revenue growth over five years
The Federal Airports Authority of Nigeria (FAAN) has reported that it remitted a total of N218.3 billion from its internally…
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150MW To be Added to National Grid Before 2024 End – Adelabu
The Federal Government has revealed plans to boost Nigeria’s electric power supply by 150MW before the end of 2024. The…
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AfDB mobilises $2.2bn for Nigeria’s agro-industrial hubs
The African Development Bank Group has successfully facilitated the mobilization of $2.2 billion to support the second phase of Nigeria’s…
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CBN Denies Authorship of Fake Circular on FX Sales to BDC Operators
The Central Bank of Nigeria (CBN) has dismissed as fake a circular that claimed the bank had authorized the sale…
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Seplat Energy to Complete $800 Million Acquisition of MPNU from ExxonMobil on December 12, 2024
Seplat Energy Plc has announced that its acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil will be completed on…
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Keyamo Urges Governor Adeleke to Suspend Osun Airport Foundation Ceremony Amid Controversy
Nigeria’s Minister of Aviation and Aerospace Development Festus Keyamo, has requested that Ademola Adeleke, the Governor of Osun State, suspend…
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