Business

Dangote: Coastal evacuation may add N75 per litre to petrol cost

Dangote Petroleum Refinery has reiterated its commitment to supplying affordable, high-quality petroleum products, urging marketers and policymakers to adopt distribution…

5 months ago

Bitcoin drops to $70,000 for first time in one year

Bitcoin was on the verge of breaking below the key $70,000 level on Thursday, February 5, 2026, as a slide…

5 months ago

MTN in talks to acquire IHS towers in potential $2.76bn buyout

MTN Group, Africa’s largest mobile network operator, is in advanced negotiations to acquire the remaining 75 per cent stake in…

5 months ago

Stock market investors gain N1.37trn in one day

The Nigerian stock market closed bullish on Wednesday, February 4, 2026, adding N1.37 trillion to investors’ wealth. This positive performance…

5 months ago

Dangote Refinery denies importing finished fuel

Dangote Petroleum Refinery & Petrochemicals (DPRP) has dismissed reports alleging that it imports finished petroleum products, describing the claims as…

5 months ago

Chevron pledges commitment as Equatorial Guinea, Cameroon sign agreement on Yoyo-Yolanda project

Chevron has reiterated its commitment to the development of the Yoyo-Yolanda Project, as Equatorial Guinea and Cameroon signed the unitisation…

5 months ago

NNPC admits $1.5bn Port Harcourt Refinery rehab ‘wasted money’

The Group Chief Executive Officer of NNPC Limited, Engr. Bayo Ojulari, has described the reopening of the Port Harcourt Refinery…

5 months ago

Stock market extends bullish run as investors gain N332bn

The Nigerian stock market extended its gain on Tuesday, February 3, 2026, adding N332 billion to investors’ portfolios. This was…

5 months ago

Otedola vows to rebuild First HoldCo into world-class financial institution

The Chairman of First HoldCo Plc, Femi Otedola, says the ongoing restructuring of the financial services group is aimed at…

5 months ago

Walmart hits $1trn market capitalisation for first time

Walmart became the first retailer ever to hit $1 trillion in market valuation on Tuesday, February 3, 2026. This follows…

5 months ago

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