Business
$500 Million: Tinubu Administration Seeks 10th World Bank Loan
The Bola Tinubu administration is poised to secure another loan from the World Bank, raising eyebrows and sparking debates among Nigerians. This time, the Federal...
Business
Seplat Energy Acquires Mobil Nigeria in Landmark $1.28 Billion Deal
Seplat Energy Plc has announced the successful completion of its $1.28 billion acquisition of Mobil Producing Nigeria Unlimited (MPNU) from ExxonMobil. This acquisition is a...
Business
Dangote Refinery Makes History with First Petrol Export to Cameroon
The Dangote Refinery has achieved a historic milestone by commencing the export of premium motor spirit (PMS), commonly known as petrol, to Cameroon. This marks...
Business
1.7 Million Barrels Per Day: Oil Production Hits 2024 High
Nigeria's oil production has reached a major milestone in November, hitting 1.7 million barrels per day (bpd) of crude oil and condensate output. This is...
Business
Naira Crashes to N1,745/$1
The naira has plummeted to N1,745 against the dollar in the parallel market. This marks a sharp reversal from the sub-N1,600 levels recorded just last...
Business
Marketers To Access Petrol from Port Harcourt Refinery This Week – IPMAN
Independent Petroleum Marketers Association of Nigeria (IPMAN) has expressed optimism that its members will soon be able to load petrol from the Port Harcourt...
Business
Tax Reforms Set to Boost Northern Nigeria’s Economy – Experts Say
A group of experts from Northern Nigeria has strongly supported the Tax Reform Bills proposed by President Bola Tinubu, claiming they will revitalise the...
Business
Naira Depreciates After Days of Gains
The naira has experienced a slight dip against the dollar, ending a brief period of gains in the foreign exchange market. On Monday, the official...