Category: Business

Germany partners VFS Global to launch four new visa centres

Germany has expanded its visa processing network across Africa and the Middle East by opening...

FG seeks return of foreign contractors to boost oil sector

The Minister of Petroleum Resources (Oil), Heineken Lokpobiri, has appealed to Equipment, Procurement, and Construction...

NERC hands over power market regulation to Nasarawa

The Nigerian Electricity Regulatory Commission has announced the transfer of regulatory oversight of the electricity...

MTN overtakes Dangote cement as NGX’s most capitalized stock

MTN Nigeria has emerged as the most capitalized listed company on the Nigerian Exchange, with...

Ex-Oman refinery head joins Dangote as petrochemical CEO

Nigeria’s Dangote Group has named David Bird, former CEO of Oman’s Duqm refinery, as the...

FG targets additional 810,000bpd crude from deepwater fields

The Federal Government has announced a new cluster and nodal development initiative aimed at unlocking...

NigComSat eyes $3b in annual earnings to power digital growth

The Director-General of Nigerian Communications Satellite Limited, Jane Egerton-Idehen, says the agency is targeting an...

NNPCL drills four oil wells in Bauchi’s Kolmani field

The Nigerian National Petroleum Company Limited has drilled four oil wells in the Kolmani area...

UAC inks deal to acquire CHI Limited from Coca-Cola

UAC of Nigeria PLC has signed an agreement to acquire CHI Limited, the producer of...

Trump hits India with 25% tariff over trade, Russian ties

United States President, Donald Trump, announced Wednesday that India will face a 25% tariff starting...

Lagos to enforce E-Call Up on Lekki-Epe corridor August 1

The Lagos State Government has announced that it will begin enforcing the E-call-up system for...

FG launches $538m agro-industrial scheme to boost agriculture

Nigeria has committed $538.05 million to the first phase of its Special Agro-Industrial Processing Zones...