MTN records N514.9bn loss as subscribers drop in Q3
MTN Nigeria Communications Plc has reported a loss after tax of N514.9 billion for the nine months ending September 30,…
WEMABOD to commence analysis of current assets in Q1 2025
The newly-inaugurated Board Chairman of WEMABOD Limited, Engineer Nureni Adisa, has unveiled the board's plan to commence a comprehensive analysis…
No plans to exit Nigeria — BIC
The management of BIC has assured that despite the gale of exits of multinationals, occasioned by the nation's not-too-business-friendly terrain,…
600 million lack access to reliable energy in Africa —PwC
Across Africa, approximately 600 million people do not have access to reliable power, the PwC Africa Energy Review 2024 has…
Petrol pricing: PETROAN accuses Dangote of trying to stifle competition
Petroleum Products Retail outlets Owners Association of Nigeria (PETROAN) has accused Dangote Refinery of trying to suppress competitors in the…
Oando announces 51% growth in revenue to N2trn in H1 2024
Oando Plc, an energy solutions company listed on both the Nigerian Stock Exchange (NGX) and Johannesburg Stock Exchange (JSE) announced…
Dangote attempting to monopolise Nigeria’s oil market — Marketers
Oil marketers, represented by the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN), have criticised Aliko Dangote, the President…
NMCO generates over N8.1bn revenue in 2024 — DG
Director General of the Nigerian Mining Cadastre (NMCO), Engr. Obadiah Simon Nkom has disclosed, that the agency has recorded a…
Crude oil price rises as OPEC+ delay output cut
Oil prices increased on Monday following a decision by OPEC+ countries to extend production cuts and delay output increases, with…
Global stock market rises ahead US elections
International stock markets rose on Monday, but the dollar declined as investors braced for a "coin-toss" US presidential election. A…
Nigerians paid 63% more in road taxes in 2023 — NBS
The National Bureau of Statistics (NBS) has reported a 63% increase in road tax revenue collected by Nigerian states in…
7.68 million barrels of crude oil stolen in 2023 — NEITI boss
The Nigeria Extractive Industries Transparency Initiative (NEITI) has revealed alarming figures on oil losses and revenue shortfalls in the country.…
Nigeria’s productivity crisis deepens as per capita income drops to $877
Nigeria, known for its industrious and resilient population, is currently grappling with a troubling decline in productivity, as reflected in…
Industrial sector’s 9.3% loss in October impacted NGX ASI
IN the month of October, equities trading at The Nigerian Exchange Limited (NGX) ended bearish as the All-Share-Index (ASI) decreased…
Cost of goods may rise as banks’ systems migration cripples cargo clearance at seaport
Many cargoes are currently trapped at the Apapa and Tin-Can Ports following persistent disruption to some online services of some…
LITF, opportunity for Nigeria to be part of Africa’s $29trn Economy projection —NACCIMA
THE Nigerian Association of Chambers of Commerce Industry, Mines and Agriculture (NACCIMA) has described the annual Lagos International Trade Fair…
Dangote Stand bubbles at 2024 Lagos trade fair
With a throng of customers streaming in to make inquiries and purchases, Dangote Group’s Standing is bubbling and full of…
International firm hires depot near us ‘to blend substandard products’ — Dangote Refinery
The Dangote Refinery has raised concerns over an alleged scheme by an international trading company to sell substandard petroleum products…
Cheaper price: IPMAN, PETROAN importing substandard petrol — Dangote Refinery
Dangote Refinery has accused the Independent Petroleum Marketers Association of Nigeria (IPMAN) and nd Petroleum Products Retail Outlets Owners Association…
Petrol pricing: We sell at N960/litre into ships, N990 for trucks — Dangote Refinery
Dangote Refinery has disclosed its petrol prices following the Independent Petroleum Marketers Association of Nigeria (IPMAN) and Petroleum Products Retail…
