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  • Nigerian Breweries Posts 26% Profit Growth Despite Headwinds from Middle East Crisis
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  • AB InBev’s Nigerian Unit International Breweries Posts First Profit in Eight Years 
  • Dangote Sugar Shareholders Okay N500bn Rights Issue, Share Capital Increase  
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Energy FEATURED Latest TOP STORIES 

Dangote refinery scales down US crude oil imports 

August 22, 2024 Markets Reporters 0 Comments Aliko Dangote, Dangote refinery, Us oil imports

Dangote refinery is taking more of the country’s own oil for processing, while inflows from the US appear to be

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Economics FEATURED Latest TOP STORIES 

Nigeria jacks up passport fee by 43% amid ‘japa’ wave

August 21, 2024August 21, 2024 Markets Reporters 0 Comments japa, Nigeria passport fee hike, Nigerian passport

The federal government has increased the cost of the nation’s passport by 42.8 percent as part of efforts to maintain

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Economics FEATURED Latest TOP STORIES 

NESG wants issues behind cost-of-living crisis addressed

August 21, 2024August 21, 2024 Markets Reporters 0 Comments Cost of living crisis, NESG, Olaniyi Yusuf

The Nigerian Economic Summit Group (NESG) has said the issues contributing to the cost-of-living crisis in the country must be

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Economics FEATURED Latest TOP STORIES 

Nigeria offers $500m domestic dollar bond at 9.75% 

August 19, 2024August 19, 2024 Markets Reporters 0 Comments Nigeria domestic dollar bond

The federal government has issued the series one of its first domestic dollar bond sale. “On behalf of the Nigerian

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Energy FEATURED Latest TOP STORIES 

NNPC posts highest-ever annual profit of N3.3trn

August 19, 2024August 19, 2024 Markets Reporters 0 Comments Mele Kyari, NNPC profit

The Nigerian National Petroleum Company Limited reported a net profit of N3.297 trillion for the financial year ended in December

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Energy FEATURED Latest TOP STORIES 

Dangote decries lingering domestic crude supply issues

August 8, 2024August 8, 2024 Markets Reporters 0 Comments Dangote refinery, domestic crude supply obligation, NUPRC

Dangote Industries Limited has said it is still unable to secure enough domestic crude supply for its 650,000-barrel-per-day refinery, urging

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Energy FEATURED Latest TOP STORIES 

NNPC distances itself from refinery sabotage

August 7, 2024August 7, 2024 Markets Reporters 0 Comments Dangote refinery, Mele Kyari, NNPC

The Group Chief Executive Officer of NNPC Limited, Mele Kyari has said the company has not breached any of the

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Energy FEATURED Latest TOP STORIES 

Dangote refinery’s impact shows up in global oil markets

August 1, 2024August 1, 2024 Markets Reporters 0 Comments Dangote refinery

Nigeria’s $20 billion Dangote refinery is set to shake up international crude flows when it reaches full capacity, having already

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Energy FEATURED Latest TOP STORIES 

Nigeria secures $500m AfDB loan to boost electricity access

August 1, 2024August 1, 2024 Markets Reporters 0 Comments AfDB, Electricity in Nigeria, Nigeria Electricity Act

The Board of Directors of the African Development Bank Group has approved a loan of $500 million to the Federal

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FEATURED Latest Technology TOP STORIES 

Flutterwave wins payment service provider licence in Ghana

August 1, 2024August 1, 2024 Markets Reporters 0 Comments Flutterwave

Flutterwave, a payments technology company, says it has been granted a Payment Service Provider licence under the Enhanced Category by

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