Business

Waltersmith Refinery declares ₦4.5bn, pays NCDMB ₦450m

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

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?

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

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

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

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

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…
How one of 2 Binance execs detained for tax fraud tricked his way out of Nigeria

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…
How NCDMB plans to help build Nigeria’s first floating LNG vessel by 2028

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

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…
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