Business

Nigeria’s net reserves rise to $34.8bn in two years

The Central Bank of Nigeria (CBN) has disclosed that Nigeria’s net foreign exchange reserves stood at $34.80 billion as of…

2 weeks ago

Dangote Refinery hikes petrol price to N875

The Dangote Petroleum Refinery has increased its Premium Motor Spirit (PMS) gantry price by N101, raising the ex-depot rate from…

2 weeks ago

Dangote announces expansion to steel production, power generation

The President of Dangote Group, Aliko Dangote, has announced plans to expand into steel production, electricity generation, and port development…

2 weeks ago

FG begins direct remittance of oil revenues to FAAC

The Federal Government has commenced the implementation of Executive Order 9 of 2026, mandating the direct remittance of oil revenues…

2 weeks ago

FG, AFC seal $1.3bn deal to boost mining sector

The Federal Government has signed a $1.3 billion investment agreement with the African Finance Corporation (AFC) to finance three major…

2 weeks ago

FAAN cashless policy sparks chaos at Lagos, Abuja airports

Passengers travelling through airports in Lagos and Abuja on Sunday faced severe delays and missed flights following the full enforcement…

2 weeks ago

Global markets brace for oil shock after US–Israel strikes

Global oil prices are expected to surge when markets reopen late Sunday following US and Israeli strikes on Iran, with…

2 weeks ago

BUA Cement profit rises to N356bn as revenue hits N1.179trn

BUA Cement Plc recorded a profit after tax of N356.04 billion for the 2025 financial year, representing a significant increase…

2 weeks ago

Dangote Cement revenue rises to N4.31trn as profit hits N1.53trn

Dangote Cement Plc has reported a 20.3 per cent revenue growth to N4.31 trillion for the year ended December 31,…

2 weeks ago

Why Nigeria, Cameroon seal air safety pact — Keyamo

Nigeria and Cameroon have signed a bilateral agreement aimed at strengthening aviation safety and improving emergency response coordination across their…

2 weeks ago

This website uses cookies.