business
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Nigeria ready to host Africa Energy Bank – FG
The Federal Government has confirmed its readiness to host the headquarters of the Africa Energy Bank, following the country’s successful bid in July 2024. The Africa Energy Bank represents a…
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Dangote Court Case Against NNPCL, Others
Dangote Refinery has clarified reports on the case instituted against the Nigerian National Petroleum Corporation Limited (NNPCL) and five other companies over importation of petroleum products. The other five companies…
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Chinese Company Announce Plan To Establish $300 Million Steel Plant In Ogun
Inner Galaxy Steel Company Limited, a Chinese firm, plans to invest $300 million in establishing a new steel plant in Ogun State to produce specialized steel products. This was disclosed by…
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Nigerian Banks Rush To Migrate Core Software: More Disruptions Looms
Customers of Nigerian banks are to brace up for the possibility of more service disruptions as financial institutions race to migrate their core banking systems to more secure software. The…
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Naira Drops Further As NNPCL Hikes Fuel Prices Again
The naira continued its downward spiral against the dollar at the foreign exchange market following another round of fuel price increases by the Nigerian National Petroleum Company Limited. This latest…
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PZ Cussons To Leave Nigeria, Aba Factory Faces Closure
Due to the harsh economic reality in Nigeria and insecurity which causes Monday sit at home especially in Abia state that hosts their soap and detergent unit, long-time multinational PZ…
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