Business
NAMA Raises Navigational Charges By 800%
The Nigerian Airspace Management Agency (NAMA) has announced a dramatic increase in its navigational charges, raising rates by 800% for both local and international...
Business
Big Fat Lie: Dangote Refinery Denies Reports of Reselling US and Nigerian Crude
Dangote Petroleum Refinery has firmly denied allegations of reselling shipments of crude oil from the United States and Nigeria, contradicting claims that technical problems...
Business
MAN Warns Regulators to Stop Demarketing Dangote Refinery
The Manufacturers Association of Nigeria (MAN) has called on the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) and other regulatory bodies to stop...
Business
Nigerian Exchange Reports ‘Significant’ N145bn Surge in Foreign Transactions
The Nigerian Exchange Limited (NGX) has reported a significant increase in foreign transactions for the first half of 2024, with a total of ₦540.48...
Business
CEO Refutes Dangote’s Allegations of Malta Plant Owned By NNPCL Cartel
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari, has denied allegations made by Aliko Dangote, chairman of...
Business
Nigeria Earns $1.2 Billion Annually from Animal Skin Export – MACBAN
The Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has revealed that Nigeria earns approximately $1.2 billion annually from the export of hides and...
Business
We Didn’t Get A Single Incentive From FG, Lagos To Build Refinery – Dangote
Chairman of Dangote Industries, Aliko Dangote, has clarified that his company did not receive any incentive from the Federal Government or Lagos State before...
Business
I’m Not Investing in Steel Production Anymore, Other Wealthy Nigerians Should – Dangote
Chairman of Dangote Industries, Aliko Dangote, has announced that his company will not venture into steel production as promised, urging other wealthy Nigerians to...