The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has revealed that the country currently spends $600m on fuel importation monthly. He stated...
Fitch Ratings, a credit rating agency, says Dangote Group plans to divest 12.75 percent stake in Dangote Petroleum Refinery over liquidity concerns. In a statement on...
According to various distribution companies (DisCos), their feeders became inactive, resulting in widespread blackouts across the country. Data from the Transmission Company of Nigeria’s (TCN’s) generation...
Leading cement producer, Dangote Cement Plc, is navigating macroeconomic headwinds to remain on the right track to its growth aspirations both in assets and profitability. Riding...
The Manufacturers Association of Nigeria (MAN) has expressed uncertainty regarding the beneficiaries of the Federal Government’s much-touted N1 billion loan earmarked for players in the manufacturing...
The Nigerian National Petroleum Company Limited (NNPC Ltd) has introduced Utapate crude oil blend, a new crude oil grade into the international market. According to Olufemi...
A Federal High Court in Lagos State, on Monday, nullified the sale of Nigeria Air to Ethiopian Airlines. The court declared null and void the sale...
What is the Dollar to Naira Exchange rate at the black market also known as the parallel market (Aboki fx)? See the black market Dollar to...
Nestle Nigeria has recorded an after-tax loss of N176.9 billion in the first half of 2024, driven by the devaluation of the naira. The firm’s after-tax...
As calls for NNPCL boss Mele Kyari’s removal generating more controversies, Members of the House of Representatives seem to be on a war path over the...
