Business
19 Oil Workers Rescued From Delta Oil Rig Blaze
Nineteen oil workers were rescued on Thursday during a fire incident at an oil rig in Delta State. A drilling platform owned by Britania U,...
Business
Cardoso Projects Nigeria’s Economy to Reach $1 Trillion by 2030
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has declared that the nation's economy is on track to reach the $1...
Business
CBN Orders Banks to Hand Over Unclaimed Dividends, Dormant Account Funds
The Central Bank of Nigeria (CBN) has issued a directive mandating banks and financial institutions to transfer unclaimed dividends and dormant account balances into...
Business
Dangote Refinery Yet To Be Licensed, Products Inferior – Govt Regulator
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has raised concerns about the quality of petroleum products from the Dangote Refinery, as well...
Business
Struggling Economy Forces IMF To Downgrade Nigeria’s Growth Forecast
The International Monetary Fund (IMF) has downgraded its forecast for Nigeria’s economic growth in 2024 to 3.1 per cent, a reduction from the previously...
Business
Zenith Bank Official Says CBN Money Transferred To Mrs Emefiele’s Account
A business relationship manager at Zenith Bank PLC, Ifeoma Ogbonnaya, has provided testimony in a Lagos High Court sitting in Ikeja, detailing the movement...
Business
Russia, China, Nigeria, Others To Form OPEC-Like Gas Cartel
Russia, China, Iran, and other key global gas suppliers including Nigeria are laying the groundwork for a new era in energy geopolitics with the...
Business
Fuel Crisis: MEMAN Warns Nigerians to Shun Panic Buying
The Major Energies Marketers Association of Nigeria (MEMAN) has cautioned Nigerians against panic buying of fuel amidst queues at filling stations across Lagos, attributing...