Business
Aero Contractors Slashes Yuletide Fares to N80,000 for Local Routes
In a move aimed at easing the burden of travel during the festive season, Aero Contractors, one of Nigeria's leading airlines, has announced a...
Business
Nigeria Returns to Global Debt Market with $500m Eurobond Issue
Nigeria has launched a $500 million Eurobond to plug its widening 2024 budget deficit. The Federal Government announced this development under its Global Medium Term...
Business
Stock Market Slumps as CBN Interest Rate Hike Shakes Investor Confidence
Nigeria’s stock market stumbled last week, reacting negatively to the Central Bank of Nigeria’s (CBN) decision to raise interest rates. The CBN’s Monetary Policy Committee...
Business
Nigeria’s Oil Crisis: Rig Count Drops as 2 Million BPD Target Looms
Nigeria’s oil industry is facing a major setback. A 27 percent drop in active oil rigs has put the country’s target of producing 2 million...
Business
TotalEnergies’ $750m Gas Project to Boost Nigeria’s LNG Sector
French energy giant TotalEnergies is set to inject $750 million (N1.25 trillion) into Nigeria’s gas industry, aiming to bolster the country’s liquefied natural gas...
News
Dangote Expands Business Empire To Angola, Invests in Refinery
Africa’s richest man, Aliko Dangote, has arrived in Angola to formalize his company’s investment in the country’s Lobito Refinery, signaling a major move in...
Business
Port Harcourt Refinery Resumes Full Operations Amid Controversy
The Port Harcourt Refinery has officially resumed full operations after a period of reduced activity, with officials confirming that the plant is back to...
Business
Open Banking, Contactless Payments, Others To Feature in CBN 2025 Agenda
The Central Bank of Nigeria (CBN) has unveiled ambitious plans for the country's financial sector in 2025, promising to implement transformative measures aimed at...