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  • NNPC, Daewoo sign $740.67m deal for Kaduna refinery repair
  • CBN orders banks to pay new naira notes over the counter
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  • Geregu Power posts 50% profit decline on gas shortage
  • Shell expects NLNG’s Train 7 to start operations in 2025
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NNPC, Daewoo sign $740.67m deal for Kaduna refinery repair

February 2, 2023February 2, 2023 Markets Reporters 0 Comments Daewoo E&C Nigeria, Kaduna refinery, NNPC

Kaduna Refining and Petrochemical Company Limited, a subsidiary of the Nigerian National Petroleum Company Limited, has signed a deal with

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FEATURED Latest Money TOP STORIES 

CBN orders banks to pay new naira notes over the counter

February 2, 2023February 2, 2023 Markets Reporters 0 Comments CBN, Godwin Emefiele, New naira notes

The Central Bank of Nigeria (CBN) has directed deposit money banks to commence the payment of the redesigned naira notes

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FEATURED Latest Opinion TOP STORIES 

Learn from your competition’s successes

February 2, 2023February 2, 2023 Markets Reporters 0 Comments Competition in business, Harvey Mackay

A flock of chickens were in a yard when a football flew over the fence and landed in their midst.

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Energy FEATURED Latest TOP STORIES 

Geregu Power posts 50% profit decline on gas shortage

February 2, 2023February 2, 2023 Markets Reporters 0 Comments Geregu Power, Trans-Forcados pipeline shutdown

Geregu Power Plc, one of the electricity generation companies in Nigeria, reported a profit after tax of N10.17 billion for

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Energy FEATURED Latest TOP STORIES 

Shell expects NLNG’s Train 7 to start operations in 2025

February 2, 2023February 2, 2023 Markets Reporters 0 Comments NLNG Train 7, Royal Dutch Shell

Royal Dutch Shell Plc has said it expects the Train 7 project of Nigeria LNG Limited to come on stream

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Economics FEATURED Latest TOP STORIES 

Dangote Cement, Seplat take hit from Nigeria’s rating downgrade

February 2, 2023February 2, 2023 Markets Reporters 0 Comments Dangote Cement, Moodys Investors Service, rating downgrade, Seplat Energy

Moody’s Investors Service has downgraded the ratings of Dangote Cement Plc and Seplat Energy Plc to Caa1 from B3 after

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FEATURED Latest Money TOP STORIES 

Ecobank named best place to work in Africa

January 30, 2023January 30, 2023 Markets Reporters 0 Comments Best Place to Work in Africa, Ecobank

Ecobank Group announced on Monday that it has won the ‘Best Place to Work in Africa 2022 Award’ from the

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FEATURED Latest Money TOP STORIES 

Old naira: 10-day extension “grossly inadequate”, says CPPE

January 29, 2023January 29, 2023 Markets Reporters 0 Comments CBN, CPPE, New naira notes, Old naira notes

The extension of the deadline for the expiration of old naira notes to February 10, 2023 is “grossly inadequate,” the

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Economics FEATURED Latest TOP STORIES 

Moody’s downgrades Nigeria deeper into junk territory

January 28, 2023January 28, 2023 Markets Reporters 0 Comments Junk territory, Moodys Investors Service, Nigeria credit rating

Moody’s Investors Service has downgraded Nigeria’s credit ratings further into the speculative or “junk” territory, citing concern the government’s fiscal

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Energy FEATURED Latest TOP STORIES 

Norwegian firm seeks to sell stake in Nigerian oilfield

January 25, 2023January 25, 2023 Markets Reporters 0 Comments Agbami oilfield, Equinox

Norway’s Equinor has launched the sale of its stake in an offshore Nigerian oilfield, joining a retreat by Western energy

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