Business

FG Considers launching New National Carrier with Arik, Aero Contractors

The Asset Management and Corporation of Nigeria has said Arik and Aero Contractors airlines may be merged and converted to a national carrier. The AMCON...

Bakers decry rising flour price as more bakeries shut down

The Association of Master Bakers And Caterers of Nigeria (AMBCN), Lagos State Chapter, has appealed to the Federal Government to intervene in the escalating...

Chappal Energies Acquires TotalEnergies EP Nigeria Limited’s 10% Stake in Key Oil and Gas Assets

Chappal Energies has entered into a Sale and Purchase Agreement (SPA) to acquire TotalEnergies EP Nigeria Limited's 10% non-operated interest in its onshore and...

How IOCs are frustrating crude supply demands – Dangote

... commends NUPRC for publishing Domestic Crude Supply Obligation Guidelines ...Says local price will continue to increase because Trading arms offer cargoes at $2-$4 per...

Dangote Refinery imports additional 11m barrels of US crude oil due to domestic supply shortage

Dangote Petroleum Refinery and Petrochemicals has issued a tender for an additional 11 million barrels of US crude oil over the next six months...

Dangote Refinery can solve Nigeria’s forex problems, catalyse economic devt – S&P Global

… As Dangote reassures on the commencement of petrol production this July International financial analytics corporation, S&P Global, has described the 650,000 barrels per day...

NNPC declares state of emergency on oil, gas production

The Nigerian National Petroleum Company Limited (NNPC) Ltd has declared a state of emergency on production in Nigeria’s oil and gas industry. The NNPC Ltd...

Dangote Cement alone pays more tax than all the banks in Nigeria

Africa's leading cement producer, Dangote Cement contributed more tax revenue to the government than the entire banking sector in 2023. President and Chief Executive of...

Latest news

PDP is a dead party – Kwankwaso

The national leader of the New Nigeria Peoples Party (NNPP), Dr Rabiu Kwankwaso, has described the Peoples Democratic Party...
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Super Eagles can beat any team, Eguavoen boasts

The interim coach of the Super Eagles, Augustine Eguavoen, says his team can beat any team with the quality...

Rising cost of living worries parents as schools resume

Nigerian parents are complaining as they grapple with rising costs of tuition, transportation, and basic goods that have put...

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PDP is a dead party – Kwankwaso

The national leader of the New Nigeria Peoples Party...

Super Eagles can beat any team, Eguavoen boasts

The interim coach of the Super Eagles, Augustine Eguavoen,...
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