Dangote Refinery Fire Outbreak: Management speaks
The management of Dangote Industries Limited, DIL, has described as a minor incident, the fire outbreak at its refinery. The…
Business
How IOCs are plotting to make our oil refinery fail -Dangote
Vice President, Oil and Gas at Dangote Industries Limited, DIL, Devakumar Edwin, has given a graphic details of how International…
Monthly inflation slows amid policy tightening—CBN
Nigeria headline month-on-month inflation rate slowed for a third time in a row in May 2024, the clearest indicator yet…
Naira appreciates to N1,485/$ in parallel market
The Naira on Thursday appreciated in the parallel market to N1,485 per dollar from N1,490 per dollar on Wednesday. However,…
Petrol price rises by 223% in 12 months — NBS
The average price of Premium Motor Spirit (PMS), also known as petrol, shot up by 223.21 per cent to approximately…
First Bank confirms appointment of Alebiosu as MD
FBN Holdings Plc has confirmed the appointment of Mr Olusegun Alebiosu as substantive Managing Director/Chief Executive Officer of First Bank…
Tinubu inherited a dead economy — Presidency
The Presidency has said that President Bola Ahmed Tinubu administration inherited a dead economy from previous administrations. The Special Adviser…
Nigeria’s inflation rate hits 33.95%
The nation’s headline inflation rate has risen for the 18th straight month in May, 2024, to 33.95 percent, relative to…
Tinubu appoints new DG for BPE
President Bola Tinubu has approved the appointment of Mr. Ayodeji Ariyo Gbeleyi as the Director-General of the Bureau of Public…
Naira depreciates by 0.17% against dollar at official market
The Naira on Thursday slightly depreciated at the official market trading at N1476.24 to the dollar. Data from the official…