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…
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The Lagos Mass Transit Red Line Rail will begin partial operations on Wednesday, according to the Lagos Metropolitan Area Transport Authority spokesperson, Kolawole Ojelabi, in a…
BudgIT, a tech-civic and social accountability organisation, has reported that the Nigerian Government spent 225% more than its revenue for the 2023 fiscal year. According to…
The Dangote Refinery is poised to transform the long-standing fuel trade from Europe to Africa and reduce Nigeria’s dependence on imported refined products. As the world’s…
Oando Plc has finalised the purchase of Eni’s subsidiary, Nigerian Agip Oil Company (NAOC), for $783 million. The company announced this on Thursday in a statement…
President Bola Tinubu has given the go-ahead for the Nigerian National Petroleum Company (NNPC) Ltd to use the 2023 final dividends owed to the federation to…
The official foreign exchange market witnessed a decline in the value of the naira against the dollar at the end of the week. According to FMDQ…
Standard Bank, the largest lender in Africa by assets, announced plans to increase its ownership in businesses in Angola and Nigeria. The Angolan government is preparing…
FMDQ data shows that the Naira plunged further against the Dollar on Wednesday at the foreign exchange market.The depreciation comes as the foreign exchange transaction turnover…
Dangote Refinery has rebutted claims that the company has set its petrol price.According to a statement signed by Anthony Chiejina, Group Chief Branding and Communications Officer,…