Business
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…
New Presidential Executive Orders reinforce local content implementation, says NCDMB
March 13, 2024
New Presidential Executive Orders reinforce local content implementation, says NCDMB
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe on Monday applauded President…
Transcorp Power’s listing on the Nigerian Exchange good for future energy needs
March 4, 2024
Transcorp Power’s listing on the Nigerian Exchange good for future energy needs
As of 1:45 p.m. West African Time (WAT) on Monday, 4 March, the closing gong ceremony marking Transcorp Power’s shares…
Nigeria seeks around $10billion retribution claim over Binance messing up its economy
March 1, 2024
Nigeria seeks around $10billion retribution claim over Binance messing up its economy
Having tried several monetary hacks to improve the Naira’s standing against the dollar with few recorded successes, the Nigerian authorities…
NCDMB Governing Council inaugurated, urged to deliver more local content milestones
March 1, 2024
NCDMB Governing Council inaugurated, urged to deliver more local content milestones
The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri on Thursday in Abuja inaugurated the 4th Governing Council…
By how much will the OB3 Gas Pipeline boost local supply come March?
February 28, 2024
By how much will the OB3 Gas Pipeline boost local supply come March?
Even though Nigeria has about 208 trillion cubic feet (tcf) of gas deposits, most of these remain largely untapped proven…