Tag: Business

|By Adejumo Adekunle – Oil marketers have outlined conditions for patronizing the newly revamped Port Harcourt Refinery, operated by the Nigerian National Petroleum Company Limited (NNPCL). They insist the refinery’s…

|By Adejumo Adekunle – Dangote Petroleum Refinery has announced a price reduction for its Premium Motor Spirit (PMS), commonly known as petrol, now available at ₦970 per litre. Customers are…

|By Adejumo Adekunle – The African Development Bank (AfDB) has onboarded 21 states for the second phase of its Special Agro-Industrial Processing Zones (SAPZ) Programme, aimed at transforming Nigeria’s agricultural…

|By Adejumo Adekunle – The naira depreciated further against the dollar on Wednesday, losing value at both the official and black markets. According to FMDQ data, the official exchange rate…

|By Adejumo Adekunle – Dangote Refinery has achieved a feat unmatched by international oil giants like Shell, ExxonMobil, and Chevron by constructing a $20 billion refinery in Nigeria. Devakumar Edwin,…

|By Adejumo Adekunle – The Dangote Petroleum Refinery has commenced exporting refined petroleum products to West African countries, marking a significant step in reshaping the region’s fuel markets. A report…

|By Adejumo Adekunle – Despite the Court of Appeal nullifying his presidency, Musiliu ‘MC Oluomo’ Akinsanya assumed office on Tuesday as the National President of the National Union of Road…

|By Adejumo Adekunle –   The National Agency for Food and Drug Administration and Control (NAFDAC) has urged businesses to prioritize strict adherence to health and safety regulations, highlighting the…

|By Adejumo Adekunle-   The World Bank has uncovered $32 million in unaccounted funds tied to Nigeria’s water infrastructure project, according to its FY2024 Sanctions System Annual Report. The missing…

  |By Adejumo Adekunle- Nigeria faces a growing debt challenge as external borrowing is projected to hit $45.1 billion by the end of 2024, fueled by the Federal Government’s new…