Business
Waltersmith Refinery declares ₦4.5bn, pays NCDMB ₦450m
April 30, 2024
Waltersmith Refinery declares ₦4.5bn, pays NCDMB ₦450m
Coming on the back of earning US$1million from Nedogas and additional dividend in the offing from the modular refinery, the…
Watch the moment CBN Governor Cardoso made a surprising Wale Edun birthday announcement in Washington
April 22, 2024
Watch the moment CBN Governor Cardoso made a surprising Wale Edun birthday announcement in Washington
It is not always talking numbers, sieving data and forging a chart to revamp Nigeria for better fortunes, the officials…
Is ₦500/US$ here sooner, rather than later?
April 16, 2024
Is ₦500/US$ here sooner, rather than later?
The country’s currency’s dizzying speed of devaluation and regaining lost ground has left many experts flummoxed, with many predictions wide…
Nigeria’s inflation still monstrous
April 15, 2024
Nigeria’s inflation still monstrous
Despite a surge in the naira’s value in the FOREX market in the last month, inflation maintained its upward trend.…
French TV channel Canal+ submits bid to buy Multichoice after exceeding 35% stake
April 8, 2024
French TV channel Canal+ submits bid to buy Multichoice after exceeding 35% stake
The French television channel Canal+ saw an opportunity to strengthen its moderate presence in the sub-Saharan market and it has…
Diesel from the Dangote refinery crashes the price of fuel to below ₦1,250 per litre
April 3, 2024
Diesel from the Dangote refinery crashes the price of fuel to below ₦1,250 per litre
Ever since the 650,000 barrels per day (BPD) Dangote oil refinery started dispensing automotive gas oil (also diesel) to marketers…
What President Tinubu’s economic task force wants to deliver in six months
March 28, 2024
What President Tinubu’s economic task force wants to deliver in six months
Approaching late March, Nigeria’s Naira had started to see a rebound after several months of its value falling when compared…
CBN fixes FX sales to BDCs at the rate of ₦1,251 per 1 US Dollar but it comes at a cost
March 26, 2024
CBN fixes FX sales to BDCs at the rate of ₦1,251 per 1 US Dollar but it comes at a cost
Last week it became clear that the Naira was gearing up for a new turn and now the Central Bank…
How one of 2 Binance execs detained for tax fraud tricked his way out of Nigeria
March 25, 2024
How one of 2 Binance execs detained for tax fraud tricked his way out of Nigeria
Gullibility may have played a hand in the quite mysterious escape from custody of Mr Nadeem Anjarwalla in the hands…
Naira seen to be closing the gap it formerly lost by reaching ₦1,400 to a dollar. Is that good enough?
March 21, 2024
Naira seen to be closing the gap it formerly lost by reaching ₦1,400 to a dollar. Is that good enough?
It is beyond a doubt now that the Central Bank of Nigeria’s (CBN) monetary policies have been paying off, with…
How NCDMB plans to help build Nigeria’s first floating LNG vessel by 2028
March 14, 2024
How NCDMB plans to help build Nigeria’s first floating LNG vessel by 2028
When the project reaches the 2028 deadline that has been set for its completion, a floating liquefied gas vessel, which…
Access Bank’s parent company redrafts Aig-Imoukhuede to replicate early 2000s success
March 14, 2024
Access Bank’s parent company redrafts Aig-Imoukhuede to replicate early 2000s success
After a decade away on retirement, Access Holdings Plc has handed over the baton of authority to Mr Aigboje Aig-Imoukhuede…