FG, states, LGs share N1.358trn in July – FAAC
The Federation Accounts Allocation Committee (FAAC) has shared a total sum of N1,358.075 trillion to the Federal Government, States and…
Business
Nigeria’s inflation rate drops to 33.4%, says NBS
The National Bureau of Statistics (NBS) has announced that Nigeria’s inflation rate decreased to 33.40 per cent in July 2024,…
We have not fixed petrol price- Dangote Refinery
Our attention has been drawn to headlines announcing “Marketers Project N600/litre for Dangote Petrol” published in Punch Newspapers of Tuesday…
Shell Nigeria wins multiple awards at 2024 SPE
A cross section of Shell Staff at the 2024 Nigeria annual international conference and exhibition of the Society of Petroleum…
P’Harcourt refinery begins operation this month, to produce 12m liters of petrol daily — Marketers
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has announced that the Port Harcourt refinery is on track to meet…
Fitch Ratings downgrades Dangote industries
International rating agency Fitch Ratings has downgraded Dangote Industries Limited’s national Rating to ‘B+(nga) and placed the ratings on Rating…
Dangote makes u-turn, says NNPC supplies 60% of its crude
The Group Chief Strategy Officer of Dangote Refinery and Petrochemicals Company, Aliyu Suleiman, on Wednesday stated that 60 percent of…
Potential implications of Unity and Providus banks’ merger, by Ade Adesokan
The Central Bank of Nigeria (CBN) has approved for financial accommodation to support the proposed merger between Unity Bank Plc…
Why fuel importers will frustrate Dangote – Obasanjo
Former President Olusegun Obasanjo has said that those benefiting from the lucrative business of fuel importation are going to make…
NCC issues directive to telcos on tariffs transparency
The Nigerian Communications Commission, NCC, has issued a directive to telecommunications operators to simplify their tariff plans, bundles, and promotional…