Business
Chevron Discovers New 17,000-Barrels-Per-Day Oil Field in Nigeria
Chevron Nigeria Limited (CNL) has made a significant announcement, revealing the discovery of a new oil field in Nigeria. This discovery, located in the...
Business
150 Million-Litre: FG Unveils Nigeria’s Largest Jet Fuel Depot
The Federal Government has unveiled a massive jet fuel depot with a storage capacity of 150 million litres, designed to address aviation fuel shortages...
Business
Chinese Firm Plans $300 Million Steel Plant in Ogun
Inner Galaxy Steel Company Limited, a Chinese firm, has announced plans to invest $300 million in a new steel plant in Ogun State. The announcement...
Business
$28 Billion: Dangote’s Wealth Doubles, Now 65th Richest Person in The World
Nigerian business tycoon Aliko Dangote has seen his wealth skyrocket from $13 billion to a staggering $27.8 billion following the launch of his much-anticipated...
News
U.S. Seeks Forfeiture of Air Peace CEO’s $14 Million Assets
The United States government has intensified legal actions against Allen Ifechukwu Athan Onyema, the CEO of Nigeria's largest airline, Air Peace, over allegations of...
Business
Fuel Price: IPMAN Nears Agreement with Dangote Refinery for Direct Petrol Supply
Nigerians may soon see a major breakthrough in the nation’s fuel supply as the Independent Petroleum Marketers Association of Nigeria (IPMAN) is close to...
Business
Naira Plummets by N106.7 in 48 Hours as Dollar Supply Drops
Nigeria's currency, the naira, is facing a severe decline, losing a staggering N106.7 against the dollar within just 48 hours at the official foreign...
Business
Nigerian Firms Have Greater Risk Appetite Than Multinationals – Soludo
In a bold statement at the Abuja Business and Investment Summit, Anambra State Governor Chukwuma Soludo asserted that Nigerian companies possess a greater willingness...