Nigeria’s refineries lost N158bn in 2019 amid paltry N959m revenue
Nigeria’s ailing refineries reported a total loss of N157.69 billion for the 2019 financial year as they generated a paltry
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NNPC’s most valuable subsidiary grows profit by 125% to N2.83tn
The National Petroleum Investment Management Services, a subsidiary of the Nigerian National Petroleum Corporation, more than doubled its profit to
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US firm, Stripe, buys Nigeria’s five-year-old Paystack
Stripe, a United States technology firm, said on Thursday that it had entered into an agreement to acquire Paystack, a
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COVID-19: More Nigerians, others will lack access to electricity, says IEA
The International Energy Agency said on Tuesday that the COVID-19 pandemic had reversed several years of declines in the number
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Nigeria aims to become Africa’s digital economy capital by 2023
Nigeria is working hard to become the digital economy capital of Africa by 2023, the Minister of Communications and Digital
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Nigeria, SSA peers received $39bn long-term debt inflows in 2019 – World Bank
Countries in Sub-Saharan Africa accounted for the largest share (24 per cent) of $162 billion net long-term inflows to low-
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‘We’re coming after you’ – Port Harcourt Disco warns energy thieves
Port Harcourt Electricity Distribution Plc, one of the power distributors in Nigeria, has said it will “name and shame” anyone
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FG introduces another metering scheme as MAP disappoints
The Federal Government has said it is set to introduce another metering scheme in the Nigerian power sector, the second
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Nigeria’s fashion industry rakes in N2tn yearly, says FG
Nigeria’s fashion industry generates annual revenue of around N2 trillion and employs over 30,000 practitioners, the Minister of Information and
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LCCI laments challenges facing businesses at Nigerian ports
The Lagos Chamber of Commerce and Industry has said Customs processes and procedures for the clearance of cargo at Nigerian
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