Category: Business

UK declines participation in US-led Strait of Hormuz blockade

The United Kingdom has said it will not join a proposed United States blockade of...

CPPE warns W’Bank import proposal could hurt Nigeria’s economic growth

The Centre for the Promotion of Private Enterprise has warned against a World Bank proposal...

NUPRC unveils reform to boost Nigeria’s oil output

The Commission Chief Executive of the Nigerian Upstream Petroleum Regulatory Commission, Oritsemeyiwa Eyesan, has unveiled...

Minister tasks Dangote Sugar on 600000 tonnes capacity by 2030

The Minister of State for Industry, Senator John Owan Enoh, has tasked the management of...

Trump unveils strict ‘all-or-nothing’ Hormuz blockade after Iran talks fail

United States President Donald Trump announced what he described as an “all-or-nothing” U.S. blockade of...

US, Iran fail to reach agreement after 21 hours talk

The United States and Iran have failed to reach a deal to end the ongoing...

Sam Altman addresses alleged residence attack, media scrutiny

OpenAI Chief Executive Officer Sam Altman has published a blog post addressing both an alleged...

NigComSat recovers half of Nigeria’s broadcast traffic share

The Chief Executive Officer of Nigerian Communications Satellite Limited, Nkechi Jane Egerton-Idehen, has disclosed that...

Tanker drivers urged to prioritise safety amid accident risks

The Petroleum Tanker Drivers arm of the Nigeria Union of Petroleum and Natural Gas Workers...

Oando seeks $750m to triple oil output

Oando Plc is seeking to raise up to $750 million to finance an ambitious drilling...

Domino’s Pizza faces investors backlash over executive pay plan

Domino’s Pizza is facing investors backlash over proposed changes to executive pay. The London-listed company,...

Oil sector reforms attract $24bn new capital – NNPCL

NNPC Limited has said recent reforms in the oil and gas sector have attracted over...