Business

The Nigerian National Petroleum Company Limited (NNPCL) is on a course to end petrol scarcity in Lagos and its environs as Dangote Refinery and oil marketers have intensified efforts at...

The are current indications that Nigeria’s dependence on imported petrol will reduce as the $20 billion Dangote refinery has concluded plans to begin supply of petrol to Nigeria’s domestic market...

The naira, on Wednesday, continued its gain against the United States dollar, appreciating both at the official foreign exchange and parallel markets, to the delight of many Nigerians. At the...

The exploration of crude oil exploration activities at the Kolmani Oil Field has become dormant 16 months after a presidential inauguration of exploration activities on the site. In the twilight...

650,000 mega Dangote oil refinery commenced the supply of petroleum products to the local market yesterday, a company executive and fuel marketing associations told news agencies. The company could save...

the naira continued to gain at both the official window and parallel market with sustained liquidity at the official Nigerian Autonomous Foreign Exchange Market (NAFEM) and availability of FX to...

The Nigeria Customs Service (NCS) import duties and cargo clearance payment exchange rates are higher than the official foreign exchange market rate of the Naira and the United States dollar....

Forbes Magazine yesterday released the 38th edition of its World Billionaires List for 2024, with Aliko Dangote, Mike Adenuga, Abdulsamad Rabiu and Femi Otedola emerging the only Nigerians on the...

Geregu Power Plc has reiterated its plans in the Nigerian power sector, as the first listed power generating company on the Nigerian Exchange Limited (NGX), the company claims it is...

Commercial banks in Nigeria may need about N4.7 trillion to meet the recapitalization benchmark prescribed by the Central Bank of Nigeria (CBN) in the past week. Findings from the audited...