Lagos, Nigeria — Nigeria’s Central Bank (CBN) released over $1.25 billion to oil sector players in the first three months of 2025 to fund the importation of...
Category - Business
Nigeria’s Vice President, Kashim Shettima, has issued a strong appeal for the protection of Africa’s richest man, Aliko Dangote’s, multi-billion...
Abuja, Nigeria A nationwide strike by senior oil and gas workers in Nigeria has paralysed operations at key government and state-owned energy agencies...
LAGOS, NIGERIA – The massive Dangote Petroleum Refinery, Africa’s largest single-train facility, has announced the immediate resumption of petrol sales in...
LAGOS, Nigeria—The Dangote Petroleum Refinery in Lagos has suspended direct sales of petroleum products from its on-site gantry, citing an “operational...
LAGOS, NIGERIA — The Nigerian naira has appreciated against the US dollar, trading below the ₦1,500/$ threshold for the first time in over six months. Data...
ABUJA, NIGERIA — The Special Adviser to the President on Economic Matters, Tope Fasua, says he expects Nigeria’s inflation rate to fall to a single digit soon...
ABUJA, NIGERIA — The Group Chief Executive Officer of NNPC Limited, Bashir Ojulari, has called for stronger partnerships among African nations to achieve...
Abuja, Nigeria – The Brazilian state-owned oil company, Petrobras, is set to resume operations in Nigeria after a five-year absence. The announcement was made...
NEW YORK, USA – US retail giant Target has named its Chief Operating Officer, Michael Fiddelke, as the new chief executive, as the company works to reverse a...