Business News

Dangote Refinery opens, eyes crude from three continents
As the Dangote Refinery begins operations on Monday (today), the 650,000 barrels per day oil processing facility has been designed to process crude oil grades from the three continents of...
Dangote Refinery opens, eyes crude from three continents
As the Dangote Refinery begins operations on Monday (today), the 650,000 barrels per day oil processing facility has been designed to process crude oil grades from the three continents of...
Foreign airlines’ trapped cash now $743.7m
FOREIGN airlines’ funds trapped in Nigeria has risen to $743 million from $662 million, the International Air...
Emefiele finally bows to pressure, says old naira notes legal tender
Exactly 10 days after the Supreme Court judgement mandating the use of old N,1000 and N500 notes...
Buhari and Supreme Court on new naira notes
The Supreme Court has invalidated the new naira design policy initiated by the Federal Government on the...
Bolt targets 300,000 jobs in Nigeria, others
Bolt has announced plans to invest €500m in its operations in Nigeria and other African countries. According...




Starlink’s testing a ‘Global Roaming’ internet service for $200 per month
The SpaceX-owned company says the new plan can provide ‘connectivity around the globe.’ Starlink’s testing a new...
[FILES] Abdullahi Umar Ganduje.
For peaceful relationship between farmers and herders, Governor Abdullahi Ganduje of Kano State has backed establishment of...
Oil refinery Andrey Rudakov/Bloomberg
Oil majors posted record profits for 2022, benefiting from the energy-market turmoil triggered by Russia’s invasion of...




Banks battle new naira shortage ahead deadline
Eight days to the January 31 deadline set by the Central Bank of Nigeria to stop the...
NNPC Discovers Oil in Nasarawa State, Nigeria
The Nigerian National Petroleum Company Limited on Friday announced the discovery of oil in Nasarawa State and...