Business

NNPC records N674bn profit in 2021

The Nigerian National Petroleum Company Limited (NNPC Ltd) says it recorded a profit of N674 billion after tax in 2021.…

2 years ago

FG sues Facebook, Instagram, WhatsApp, seeks N30bn penalty

Nigeria’s apex regulatory body for advertising, the Advertising Regulatory Council of Nigeria (ARCON), has filed a suit against Meta Platforms…

2 years ago

U.S. fines Kim Kardashian $1.26m for promoting cryptocurrency

United States TV reality star, Kim Kardashian, has agreed to pay a $1.26 million fine for advertising EMAX tokens, the…

2 years ago

Chevron: We’ll support FG’s policy to improve oil and gas sector

Chevron Nigeria Limited has reiterated its commitment to building mutually beneficial partnerships and supporting the Federal Government’s Nigerian Content Development…

2 years ago

Berger Paints Nigeria Plc appoints Fagun as MD

Mrs. Alaba Fagun has been appointed as Managing Director Berger Paints Nigeria Plc. The appointment takes effect from October 4.…

2 years ago

NNPC acquires 380 Oando filling stations, OVH jetty, depots

The Nigerian National Petroleum Company Limited (NNPC LTD) has acquired OVH Energy Marketing Limited (OVHEM) downstream assets under an Accelerated…

2 years ago

Kogi govt demands 10% shares from Dangote Cement

The Kogi State House of Assembly has demanded the 10 per cent shares that belong to the state government from…

2 years ago

Obaseki targets N2trn revenue from tourism sector

The Edo State Governor, Godwin Obaseki, on Tuesday, launched the Edo State Tourism Master Plan, saying the state will generate…

2 years ago

Edo govt, BoI to empower local manufacturers with N20m loans

The Edo State Government, in collaboration with the Bank of Industry (BoI), has extended credit lines to local manufacturers seeking…

2 years ago

CBN increases interest rate to 15.5% to tackle inflation

The Central Bank of Nigeria (CBN) has raised the interest rate from 14% to 15.5%. This is the third increment…

2 years ago

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