Category: Business

Cyberattack disrupts Nigeria Customs ICT, halts cargo clearance nationwide

A cyberattack on the Nigeria Customs Service’s Information and Communication Technology platform has severely disrupted...

Dangote refinery slashes petrol ex-depot price to N820/litre

Dangote Refinery has cut the ex-depot price of petrol from N850 to N820 per litre,...

Trump softens stance on Intel CEO after White House meeting

A week after demanding his resignation, United States President, Donald Trump, seems to have eased...

FG earns N5.21tn from crude oil in H1

The Federal Government, through the Nigerian Upstream Petroleum Regulatory Commission, earned N5.21 trillion from crude...

FMDQ grants CEO Bola Onadele shares worth N9.9bn

FMDQ Group Plc has awarded Share Appreciation Rights to its senior leadership, according to its...

Yuan drops to 7.1405 against US dollar

China’s central parity rate for the renminbi declined by 23 pips to 7.1405 per U.S....

Debt servicing puts states’ fiscal stability at risk – NEITI

The Nigeria Extractive Industries Transparency Initiative has sounded a policy-backed warning over what it calls...

NCC, IHS seek resolution to fuel supply crisis

Nigeria’s telecom regulator and IHS Towers are working to resolve a diesel supply blockade by...

FG crafts industrial roadmap to revive local production

The Federal Government is finalising a new Nigerian Industrial Policy aimed at reducing the country’s...

Tinubu injects $1bn into Bank of Agriculture

President Bola Tinubu has approved the recapitalisation of the Bank of Agriculture with N1.5 trillion—about...

PAPSS is Africa’s answer to global tariff war – UBA

The Group Managing Director and CEO of United Bank for Africa, Mr. Oliver Alawuba, has...

UAC confirms full funding for CHI acquisition

UAC of Nigeria Plc has confirmed that its planned acquisition of CHI Limited—producers of Chivita...