Business

PENGASSAN suspends strike, warns Dangote against breach of agreement

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has suspended its nationwide strike over the dismissal of…

6 months ago

Access Bank CEO buys $20m London mansion amid weak share performance

The Chief Executive Officer of Access Bank Plc, Roosevelt Ogbonna, has acquired a £15 million ($20 million) mansion in London’s…

6 months ago

Banks’ deposits with CBN soar to record N50.73trn as borrowing crashes

Banks’ deposits with the Central Bank of Nigeria (CBN) through the Standing Deposit Facility (SDF) surged to an all-time high…

6 months ago

FG resolves PENGASSAN–Dangote dispute, sacked workers to be redeployed to subsidiaries

After two days of tense negotiations, the Federal Government has secured an agreement between the Petroleum and Natural Gas Senior…

6 months ago

Stock market investors gain N155bn

The Nigerian stock market opened the week on a positive note on Monday, September 29, 2025, as investors gained N155…

6 months ago

Court restrains PENGASSAN, others from cutting gas supply to Dangote refinery

The National Industrial Court in Abuja has barred the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and…

6 months ago

NNPCL posts ₦539bn profit in August despite decline in oil output

The Nigerian National Petroleum Company Limited (NNPCL) reported a profit of ₦539 billion for August 2025, marking a 91.3% increase…

6 months ago

Customs launches one-stop shop to cut cargo clearance to 48 hours

The Nigeria Customs Service (NCS) has launched a new One-Stop Shop (OSS) initiative designed to reduce cargo clearance time from…

6 months ago

Unity Bank clarifies AMCON stake sale

Unity Bank Plc has clarified that the 34 percent equity stake previously held by the Asset Management Corporation of Nigeria…

6 months ago

NUPRC: Nigeria cuts crude oil losses by 90%, from $7m daily to $700,000

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) says crude oil losses in Nigeria have dropped by about 90 per cent…

6 months ago

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