Business

NLNG outlines strategic direction for AI adoption

NLNG outlines strategic direction for AI adoption

The Nigeria Liquefied Natural Gas Limited (NLNG) has announced its strategic direction for adopting artificial intelligence (AI) across its operations…
Crude oil losses drop to 16-year low – NUPRC

Crude oil losses drop to 16-year low – NUPRC

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that crude oil losses from theft and metering issues have fallen…
Fidelity Bank distributes food items to vulnerables in Ondo communities

Fidelity Bank distributes food items to vulnerables in Ondo communities

The Fidelity Bank Plc, has distributed food items in Ilaje and Ese-Odo Local Government Areas of Ondo State, reaffirming its…
CBN unveils payments system vision to drive inclusive financial ecosystem

CBN unveils payments system vision to drive inclusive financial ecosystem

The Central Bank of Nigeria (CBN) has launched the Nigeria Payments System Vision 2028 (PSV 2028), a new strategic framework…
NUPRC secures $400m for decommissioning and abandonment liabilities

NUPRC secures $400m for decommissioning and abandonment liabilities

The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that it has secured over $400 million in pre-sale decommissioning and…
We paid N3.3trn dividend in 15 years – Dangote 

We paid N3.3trn dividend in 15 years – Dangote 

Dangote Cement Plc says it paid N3.3 trillion in dividends to its shareholders over the last 15 years. The company…
Nigeria targets global markets with $60bn gas expansion plan – NNPCL CEO

Nigeria targets global markets with $60bn gas expansion plan – NNPCL CEO

The Nigerian National Petroleum Company Limited (NNPCL) says the country is targeting 60 billion dollars in new investments over the…
Stock market gains N254bn 

Stock market gains N254bn 

The Nigerian stock market on Tuesday sustained its bullish run, with investors’ wealth increasing by N254 billion on the back…
CBN projects 1bn dollar Diaspora reserve by 2026

CBN projects 1bn dollar Diaspora reserve by 2026

The Central Bank of Nigeria (CBN) says the bank is targeting a Diaspora reserve of one billion dollars by 2026.…
OPEC+ to continue to increase oil output in October

OPEC+ to continue to increase oil output in October

The Organisation of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC+, has decided to ramp…
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