NNPC’s $1bn ‘just about 5% of our refinery investment’, says Dangote
Dangote Industries has said the $1bn paid by the Nigerian National Petroleum Company is “just about 5% of the investment
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Author: Markets Reporters
[BREAKING] Tinubu okays Shell’s sale of onshore unit SPDC to Renaissance
President Bola Tinubu, who doubles as the minister of petroleum resources, has approved Shell’s sale of its onshore subsidiary to
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Tinubu bets on Dangote fuel exports in ‘ambitious’ 2025 budget
President Bola Tinubu has said the projections in the ‘ambitious’ 2025 budget are partly based on reduced importation of petroleum
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US-Nigeria trade rose to $11.2bn in 2023, says envoy
The United States Ambassador to Nigeria, Richard Mills, Jr., has said two-way trade between the two countries reached $11.2 billion
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Tinubu says N34bn loans disbursed to 300,000 students
President Bola Tinubu says his administration has disbursed N34 billion to over 300,000 students via the Nigeria Education Loan Fund.
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‘We want to learn from you’: Nigerian Exchange Group, SEC visit Indian bourse
A delegation comprising officials of the Nigerian Exchange (NGX) Group as well as the Securities and Exchange Commission (SEC) has
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Nigerian SEC vows to sanction firms failing to put financials on websites
The Securities and Exchange Commission has said it would penalise public companies failing to publish their financial statements on their
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AfDB embarks on new headquarters building project
The African Development Bank Group’s Boards of Directors have approved yesterday the proposal by the Bank’s Management to construct a
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Oando posts 31% drop in quarterly profit
Oando, an indigenous energy company in Nigeria, reported a 31% decline in its profit after tax to N76.3 billion in
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How Africa minted unicorns Moniepoint, Tyme amid 2024 global funding drought
Africa has seen the emergence of two unicorns in less than two months from two of its biggest economies, South
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