Business
Nigeria Can Achieve 3 Million Barrels of Oil Production Daily – NNPC
The Nigerian National Petroleum Company Limited (NNPCL) has announced that it is possible for Nigeria to increase its crude oil production from 1.7 million...
Business
NNPC Struggling to Supply Crude to Dangote Refinery Due to Buhari’s Loan Collateral – PENGASSAN
The Nigerian National Petroleum Company Limited (NNPC) is facing significant challenges in supplying crude oil to the Dangote Refinery. This crisis, as explained by...
Business
Naira Falls to N1,700 per Dollar in Parallel Market
The Naira continues its downward spiral, trading at N1,700 per dollar in the parallel market, marking its lowest level since February 2024. This sharp depreciation...
Business
Flour Mills of Nigeria Launches Major Africa Expansion Plan
In a bold move to secure its future, Flour Mills of Nigeria PLC (FMN) is setting its sights beyond Nigeria’s borders. The company, a pillar...
Business
Mr Money: Otedola Boosts FBN Holdings Stake by N16 Billion
Femi Otedola, the chairman and majority shareholder of First Bank of Nigeria (FBN) Holdings, has increased his stake in the financial giant. This acquisition adds...
Business
Illegal Deductions: Customer Sues Access Bank for ₦100 Million
A lawyer in Nigeria has taken Access Bank Plc to court, claiming that the bank unlawfully deducted money from his account. Junaid Sanusi, the customer...
Business
FG Distances Itself from Fuel Price Controversy
The Federal Government has made it clear that it will not get involved in the ongoing dispute between the Nigerian National Petroleum Company Limited...
Business
Prices of Local Rice, Beans, Eggs, Bread Surge – NBS
The prices of essential food items like rice, beans, eggs, and bread are continuing to rise in Nigeria, even as prices for some other...