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    NNPC’s Petrol Import From Malta Jumps 43 Times to $2.08bn

    Fresh revelation has emerged days after Aliko Dangote accused officials of NNPCL of owning and running a blending plant in Malta, an accusation NNPCL's Mele kyari denied Nigeria’s importation of petroleum from Malta has skyrocketed to 43 folds, amounting to $2.08 billion in 2023. Available data...
    News

    ” I Have No Cabal Or Sponsors To Compensate” BAT

    President Bola Tinubu has allayed fears of manipulation by any interest group in the ongoing economic reforms, saying his campaign was self-sponsored, without strings, or indebtedness to any individual or institution. The President, who received a delegation of Islamic leaders led by Sheikh Bala Lau,...
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    Business

    Market Awaits Impact of Central Bank Dollar Sales as Naira Extends Losing Streak to Fifth Day

    By Milcah Tanimu Nigeria’s naira continued its downward trend, marking its fifth consecutive day of...
    Business

    Nigeria’s Inflation Rate Climb 34.19 % Amid Rising Food Prices

    National Bureau of Statistics (NBS) on Monday released Nigeria’s inflation figure which now peak...
    Business

    NNPCL Reduces Stake In Dangote Refinery

    “We made a commercial decision to cap our investment at the amount already paid.”...
    Business

    APPO Pushes for Rapid Launch of $5 Billion Africa Energy Bank

    By Milcah Tanimu   The African Petroleum Producers’ Organisation (APPO) is accelerating efforts to establish the...
    Business

    NNPCL Attributes FCT Petrol Scarcity to Disruption in Ship-to-Ship Transfers

    By Milcah Tanimu The Nigerian National Petroleum Company Limited (NNPCL) has attributed the recent petrol...
    Business

    German Consul-General Advocates Support for SMEs and Start-ups in Nigeria

    By   Milcah   Tanimu The Consul-General of the Federal Republic of Germany, Mr. Weert Borner, has...
    Economy

    Nigeria’s Capital Importation Rises By 210% To $3.37 Billion in Q1 2024

      By Milcah Tanimu The National Bureau of Statistics (NBS) has released a report indicating a...
    Business

    Nigeria Withdraws Five Oil Blocks from 2024 Bidding Round Amid Legal Disputes

    By Milcah Tanimu The Nigerian Federal Government has withdrawn five oil blocks from the ongoing...
    Business

    Naira Weakens to N1,520/$ in Parallel Market, Widening Exchange Rate Gap

    By Milcah Tanimu Yesterday, the Naira depreciated further in the parallel market, dropping to N1,520...
    Business

    Dangote Refinery Swiftly Brings Minor Fire Incident at Effluent Treatment Plant Under Control

    By Hosea Parah, Abuja Dangote Refinery has nodemonstrated its commitment to safety and operational excellence...
    Business

    PricewaterhouseCoopers ( PwC )Forecasts Nigeria’s Inflation Rate to Fall to 29.5% by Year-End

    By Milcah Tanimu Professional services firm pwc nigeria has projected that nigeria’s inflation rate will...
    Business

    NBS reports sharp Increase in Food Prices Across Nigeria in May

    By Milcah Tanimu The National Bureau of Statistics (NBS) has reported...
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    Business

    NNPC’s Petrol Import From Malta Jumps 43 Times to $2.08bn

    Fresh revelation has emerged days after Aliko Dangote accused officials of NNPCL of owning...
    News

    ” I Have No Cabal Or Sponsors To Compensate” BAT

    President Bola Tinubu has allayed fears of manipulation by any interest group in the...
    News

    Aremu cautions on proposed national protests, seeks inclusive national dialogue

    By Olufemi Oni, Ilorin A call has been made for an all inclusive National Social...
    metro

    Gunmen kill five persons ,abduct two Chinese expartrates

    Olu Samuel Gunmen on Monday evening unleashed terror on the residents of Lokoja, the Kogi...

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