The House passed the Finance Act, 2024 which seeks to impose a 70 per cent levy on the profits realized by banks from all foreign exchange...
Billionaire businessman and chairman of Geregu Power PLC and FBN Holdings, Femi Otedola has expressed strong support for the chairman of Dangote Industries Limited, Aliko Dangote,...
The African Development Bank (AfDB) has invested a total of $10.9 billion in Nigeria, with a current portfolio of $4.9 billion supporting projects in the public...
Mercury Bank has announced the addition of Nigeria to a list of countries prohibited from its banking services. This decision aligns Nigeria with other countries on...
The federal government says the proposed 50 percent windfall tax on banks’ foreign exchange gain in 2023 would be a recovery plan to balance the country’s...
The Dangote Refinery said it is seeking crude oil import from Libya and Angola amid a supply challenge in Nigeria. The Vice President of Dangote Industry...
A Boeing 737 aircraft carrying 119 passengers and six crew members late Sunday lost four tyres during roll for take – off at the Yola Airport...
President of Dangote Group, Aliko Dangote, weekend revealed that Dangote Petroleum Refinery has continued to receive repeated orders for its products from all those who have...
The House of Representatives Joint Committee on Finance and Petroleum Resources (Upstream) on Saturday, vowed to deal with oil companies which fail to participate in the...
Local airlines have attributed the skyrocketing airfares to foreign exchange volatility and the soaring inflation in the country. The Chief Operating Officer of United Nigeria Airlines,...
