Nigeria faces more blackouts on national grid instability
Blackouts have worsened in many parts of Nigeria as the national power grid suffered increased instability. “We have received multiple
Read more
Latest
Flour Mills of Nigeria begins exports to neighbouring countries
Flour Mills of Nigeria, a food and agro-allied company, said it had started exporting its products to neighbouring African countries,
Read more
Flour Mills of Nigeria swings to pretax loss, cuts dividend
Flour Mills of Nigeria, a food and agro-allied company, reported a loss before tax of N236.68 million for the year
Read more
Nigeria says OPEC+ cuts won’t distract efforts to boost output
Nigeria, a member of the Organization of the Petroleum Exporting Countries (OPEC), has said the production adjustment by the group
Read more
Naira extends gain as weekly forex liquidity hits $1.82bn
The naira strengthened further this week as the turnover in the official foreign exchange market rose by more than a
Read more
AIICO Insurance posts sevenfold jump in quarterly profit
AIICO Insurance Plc has reported a profit before tax of N10.08 billion for the first three months of this year,
Read more
Oando swings to profit as non-operating income surges
Oando Plc, a major player in the Nigerian oil and gas sector, has returned to profitability as its other operating
Read more
[OPINION] Aliko Dangote’s noble quest for Africa’s self-sufficiency and prosperity
By Abiodun Alade Africa is a resource-rich continent but relatively poor in terms of manufacturing goods. According to the 2023
Read more
Otedola’s Geregu Power partners Siemens to raise capacity by 765MW
Geregu Power Plc, a power generation company chaired by billionaire tycoon Femi Otedola, has struck a partnership with Siemens Energy
Read more
Indonesia imported $3.8bn worth of Nigerian oil and gas in 2023 – Envoy
The Republic of Indonesia imported over $3.8 billion worth of oil and gas from Nigeria in 2023. Usra Hendra Harahap,
Read more