Fuel marketers in Nigeria have warned that the lawsuit by Dangote Petroleum Refinery seeking to invalidate import licences, could disrupt supply and competition. Dangote Petroleum refinery...
Nigerian businesses remained optimistic about the economy in April despite rising insecurity, multiple taxes and high borrowing costs, according to the Central Bank of Nigeria’s latest...
The Lagos State government says it is targeting an additional 2,000 megawatts of embedded power generation through partnerships with private investors to ensure a stable electricity...
First Bank of Nigeria Limited, in partnership with Visa, has announced the launch of Visa Signature, a premium card offering designed for Nigeria’s affluent segment. The...
The management of the Nigerian Maritime Administration and Safety Agency, NIMASA and the National Hydrographic Agency are exploring avenues to enhance the use and patronage of...
The Transmission Company of Nigeria (TCN), in collaboration with the African Development Bank (AfDB), has commenced the second phase of compensation for the Alaoji–Onitsha transmission line...
The Executive Secretary of the National Sugar Development Council (NSDC), Kamar Bakrin, says Nigeria’s sugar sector has the potential to create about one million jobs across...
The Niger Delta Power Holding Company (NDPHC) says it is prepared to supply an additional 1,500 megawatts (MW) of electricity to Lagos State to address the...
Minister of Finance has said that the insurance sector holds vast untapped potential. With strengthened regulatory frameworks and increased public confidence, the industry is well-positioned to...
Nigeria’s headline inflation rate for April climbed to 15.69% year on year (YoY), according to the latest data released by the Statistics office on Friday. In...
