Foreign Investments in Nigeria’s Telecoms Sector Plummet by $99 Million – NBS
Foreign investments in Nigeria's telecom industry dropped significantly to $14.4 million in the third quarter of 2024, which is an ...
Tag: Business
Mali’s Gold War: Barrick CEO Mark Bristow Faces Arrest Warrant
Mali, one of Africa's top gold producers, has turned up the heat on Barrick Gold, the world's second-largest gold mining ...
NNPCL’s Refinery Resuscitation
On Wednesday, top guys from the Nigerian National Petroleum Company Limited (NNPCL) decided to give the public a glimpse of ...
Google, Microsoft, TikTok Contribute N2.55 Trillion to Nigeria’s Revenue in H1 2024
The National Information Technology Development Agency (NITDA) has announced that major international digital companies, such as Google, Microsoft, and TikTok, ...
Nigeria’s Agricultural Exports Witness Significant Growth
Nigeria's agricultural exports saw a significant increase of 241% compared to the same time last year during the first half ...
Nigeria’s Business Activity Declines for Fifth Consecutive Month
Nigeria's business activity has dropped for the fifth month in a row in November, mainly because of ongoing inflation and ...
Holcim Exits Nigeria Amidst Economic Uncertainty
Holcim, a cement company from Switzerland, has decided to leave Nigeria citing unfavorable economic conditions under the current administration. The ...
Court Orders Arrest of TSTV CEO Over $651,280 Fraud
A Chief Magistrate Court in Abuja has issued a warrant for the arrest of the Chief Executive Officer of Telecom ...
Dangote Refinery Slashes Petrol Price to ₦970
The Dangote Petroleum Refinery announced a reduction in its Premium Motor Spirit (PMS) price, better known as petrol, to ₦970 ...
Dangote Refinery Exports Jet Fuel to London, Iceland, and Other Global Airports
The Dangote Refinery has achieved a significant milestone by shipping jet fuel to major international locations, such as Iceland, Tenerife, ...
Firm Calls for Investment in Africa’s Growing Data Centre Market
Schneider Electric is urging investors and business leaders to take advantage of the fast-growing data centre market in East and ...
NNPC Launches Utapate Crude Oil Grade into Market
The Nigerian National Petroleum Company Limited (NNPC) has introduced a new type of crude oil called Utapate to the global ...
Refining Nigeria’s Destiny: Why Returning to Fuel Importation Is a Step Back
The petroleum downstream sector in Nigeria has erupted into a fierce debate. Two important groups, the Independent Petroleum Marketers Association ...
Nigeria Secures $1.2 Billion Deal to Revamp ALSCON Gas Plant
The Nigerian Ministry of Petroleum Resources has signed a $1.2 billion agreement with China's CNCEC to bring back the Aluminum ...
IPMAN to Lift Products Directly from Dangote Refinery
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has struck an agreement with Dangote Refinery to lift petroleum products directly. ...
