Category: Business

No extension for insurance recapitalisation exercise – NAICOM

The National Insurance Commission has ruled out any extension of the ongoing insurance recapitalisation exercise,...

Dangote ships 456,000 tonnes of refined products to global markets

The Dangote Petroleum Refinery has exported 456,000 tonnes of refined petroleum products across 12 cargoes...

Trump issues stark ultimatum to Iran over Strait of Hormuz closure

United States President Donald Trump on Saturday gave Iran a 48-hour ultimatum, warning that the...

Crude prices fall amid efforts to stabilise Hormuz transit route

Oil prices declined on Friday after major European countries and Japan signaled support for efforts...

African nations turn to Dangote as global energy crisis deepens

Dangote Petroleum Refinery and Petrochemicals is experiencing a surge in inquiries from African countries seeking...

Regulators, banks, fintechs to tackle digital commerce trends 

Regulators, banks, and fintech operators will gather at the third edition of the Payments Forum...

Nigeria, UK sign deportation agreement for failed asylum seekers, convicted criminals

Nigeria has entered into a new agreement with the United Kingdom that will enable Britain...

Dangote refinery drives $3.74bn crude import shift

Nigeria imported $3.74 billion worth of crude oil in 2025 for processing at the Dangote...

Palm oil drove 20.7% surge in Malaysia’s 2025 exports to Nigeria

Malaysia’s exports to Nigeria increased by 20.7 per cent in 2025, reaching a total value...

EFCC returns N3.9bn recovered fraud proceeds to NNPCL

The Economic and Financial Crimes Commission on Wednesday handed over N3.9 billion in recovered proceeds...

Iran continues crude oil exports despite rising regional tensions

Iran has continued exporting crude oil through the Strait of Hormuz despite rising tensions in...

NNPC boosts crude supply to Dangote refinery as brent hits $108

The Nigerian National Petroleum Company Limited has stepped up efforts to maintain a steady supply...