Dangote refinery targets 650,000bpd by June
The Dangote Petroleum Refinery is looking to import additional crude oil due to insufficient supply from the Nigerian National Petroleum Company Limited…
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FG eyes N1.8tn from bond market in Q1
The Federal Government plans to raise N1.8tn from the bond market in the first quarter of 2025, according to the Debt Management…
W’Bank forecasts 3.5% GDP growth for Nigeria 2025
The World Bank has projected Nigeria’s economy will grow by 3.5% in 2025, with a slight increase to 3.7% in 2026. This…
Oyedele anticipates early passage of tax reforms bill
The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, expressed his expectation that the Nigeria Tax Reform…
Biden seeks to keep TikTok accessible in US amid pending ban
The Biden administration is actively exploring strategies to ensure TikTok remains accessible in the United States, despite a looming nationwide ban set…
Nigeria’s FX reserves drop by $434m in one week
Nigeria’s foreign exchange reserves experienced a decline of $435.40 million within the span of a week, according to data from the Central…
Landmark Africa Group secures 35-year lease of Enugu’s Nike lake resort
Landmark Africa Group has secured a 35-year lease agreement with the Enugu State Government for the 150-hectare Nike Lake Resort. This strategic…
Telecom tariff increase should not exceed 60% – Minister
The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has emphasized that the Nigerian Communications Commission should approve a maximum…
US blacklists Tencent-backed AI startup amid tech curbs
United States has placed Tencent-backed startup Zhipu on its trade-restrictions blacklist, targeting one of the emerging companies considered a strong contender in…
Afreximbank commits to aircraft financing for Nigerian airlines
Afreximbank has agreed to support aircraft financing for Nigerian airlines during a side meeting at the ongoing Aviation Economic Conference in Dublin,…
Apple loses smartphone sales lead in China
Apple has been overtaken by local rivals Vivo and Huawei, falling to third place in China’s smartphone market in 2024, according to…
NASS hails FIRS, sets N25trn 2025 target
The National Assembly Joint Committee on Finance on Wednesday praised the Federal Inland Revenue Service for exceeding its revenue target for 2024.…