Governor Babajide Sanwo-Olu of Lagos signed a Memorandum of Understanding (MoU) with the Ministry of Finance Incorporated (MOFI) and China Harbour Engineering Company (CHEC) in China…
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All the latest business news in Nigeria
Energy expert Omonigho Otanocha has called on the government and petroleum product importers to convert their depots into crude storage facilities, following the Nigerian National Petroleum…
The Nigerian Union of Petrol and Natural Gas Workers (NUPENG) has commended the Dangote Refineries for the momentous start of producing Premium Motor Spirit, hailing it…
Aliko Dangote, the owner of a Lagos-based refinery, announced on Tuesday that the Federal Executive Council (FEC) will determine the pricing of petrol produced at his…
Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy, revealed that his committee has recommended that the Nigerian Government eliminate taxes on essential items like…
Despite the ongoing fuel scarcity across Nigeria, the Nigerian National Petroleum Company (NNPCL) Limited has raised the price of fuel from N650 to N855 per litre.…
The Central Bank of Nigeria (CBN) has lifted its suspension on banks borrowing from its Standing Lending Facility (SLF), setting the lending rate at 31.75 percent…
The Nigerian government has entered into a Memorandum of Understanding with Boeing, an aircraft manufacturer, to enhance the country’s aviation sector. This development was disclosed by…
President Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as Executive Director of Corporate Finance & Risk Management and Executive Director of the Large Enterprises…
The Nigerian state-owned oil company NNPC has increased its shipments of liquefied natural gas (LNG) cargoes to a Chinese port following its initial delivery to Japan…