FG, Afreximbank sign $500m deal for gas infrastructure
The federal government, through the Midstream and Downstream Gas Infrastructure Fund, has entered into a memorandum of understanding with Afreximbank to mobilise…
Business
Dangote Refinery dismisses NUPENG allegations of anti-labour practices
Dangote Petroleum Refinery has rejected allegations by the Nigeria Union of Petroleum and Natural Gas Workers that it barred tanker drivers from…
Banks, Fintechs top consumer complaints list – FCCPC report
Nigeria’s consumer protection watchdog says banks and fintechs remain the leading sources of customer grievances, with over 4,600 complaints filed between March…
Oil prices fall despite Middle East, Ukraine conflict concerns
Oil prices extended losses on Friday, weighed down by fears of weakening United States demand and global oversupply, which overshadowed concerns about…
Dangote Refinery says union membership voluntary for workers
Dangote Petroleum Refinery has clarified that joining trade unions remains voluntary for its employees, in line with the Nigerian Constitution and International…
FCCPC recovers N10bn for consumers from banks, fintechs, others
The Federal Competition and Consumer Protection Commission has announced the total recoveries of N10 billion for aggrieved consumers following complaints against banks,…
Nigeria collects over ₦600bn VAT from Facebook, Amazon, Netflix
The Special Adviser on Tax Policy to the Chairman of the Tax Reforms Committee, Mr Mathew Osanekwu, has revealed that Nigeria has…
China ‘firmly opposes coercion’ as Mexico mulls car tariffs
The measure, included in a bill submitted by Mexico’s government to Congress, aims both to strengthen the country’s industrial sector and to…
NNPCL eyes $60b investment to expand Nigeria’s gas infrastructure
The Nigerian National Petroleum Company Limited aims to attract $60 billion in new investments over the next five to seven years to…
FG reserves NNPCL road contracts below N20bn for indigenous firms
The Federal Government has ordered that all Nigerian National Petroleum Company Limited Tax Credit road projects valued below N20 billion be awarded…
Walmart to launch first branded stores in South Africa
Walmart on Tuesday announced plans to open its first branded stores in South Africa later this year, signaling the retail giant’s push…
India urges BRICS to address trade gaps among members
India on Monday pressed BRICS nations to help reduce New Delhi’s trade deficits with the group, even as members united in criticism…